Now playing Next Business BNP Paribas caught up in Cyprus-related money laundering investigation An ongoing investigation targets a Cypriot brokerage firm, in collaboration with one of BNP Paribas' branches, over alleged 'aggravated money laundering.' 27/12/2023
Now playing Next Business Sanofi targeted in French price manipulation probe French prosecutors say they have launched an investigation into Sanofi over allegations the pharmaceutical giant spread false information and manipulated the price of its Dupixent drug. 07/11/2023
Now playing Next Markets Husband of Norway's ex-PM avoids investigation over stock trades The husband of Norway's former prime minister Erna Solberg will not face investigation over his stock trading during her two terms in office, Norwegian police announced Friday. He had been suspected of benefitting from inside information. 03/11/2023
Now playing Next Business KPMG fined record £21 million for Carillion audits The fine is the highest ever handed down by the UK's Financial Reporting Council. 12/10/2023
Now playing Next United Kingdom Sturgeon's husband released without charge after party probe arrest The police force said it would send a report to Scottish prosecutors and that officers searched a number of locations as part of the probe. 05/04/2023
Now playing Next France Five French banks raided in alleged tax fraud investigation Several searches wer carried out in five French banks in Paris on suspicion of aggravated tax fraud. 29/03/2023
Now playing Next Money FTX latest: Bankman-Fried extradited to US and two others plead guilty FTX crypto exchange founder Sam Bankman-Fried is being extradited from the Bahamas by US law enforcement. 22/12/2022
Now playing Next Money FTX founder Bankman-Fried's Bahamas case to resume It is not immediately clear when Bankman-Fried’s extradition could occur once it is approved by the Bahamian court. 21/12/2022
Now playing Next Sport French prosecutors raid 2023 Rugby World Cup committee headquarters A preliminary investigation has been launched into possible corruption and favouritism. 09/11/2022
Now playing Next Austria Man hid his mother's body in cellar to get her benefits, say police Police said based on the post-mortem no evidence of foul play was found. 10/09/2021
Now playing Next Japan Japan begins trial of ex-Nissan executive over Carlos Ghosn's pay Greg Kelly denies involvement in a 'criminal conspiracy' to conceal financial compensation for Ghosn, who led Nissan Motor Co. for two decades. 15/09/2020
Now playing Next Serbia Serbia launches investigation into finances of rights groups A government official told the state news agency that non-government groups should not be treated as “holy cows.” 28/07/2020
Now playing Next USA US Supreme Court rules prosecutors can obtain Trump's tax records The US Supreme Court ruled that prosecutors can obtain Trump's tax returns but that Congress cannot. 09/07/2020
Now playing Next United Kingdom Euroviews. Innocence is the first victim when UK police are forced to seize assets to fund themselves ǀ View Due to years of budget cuts, police in the UK are forced to self-fund their operations. Less widely reported s the fact that this is through the seizing of cash and assets, often from law-abiding people. 21/03/2020
Now playing Next United Kingdom Euroviews. Brexit will complicate tackling fraud across Europe – but maybe civil remedies hold the key ǀ View As fraudsters’ numbers, capacity and sophistication apparently overtake those of investigating authorities, there is every reason to believe that civil remedies will increasingly become a focus for victims of fraud. 05/02/2020
Now playing Next United Kingdom Euroviews. Customers with blocked accounts are the ones being stung in the fight over money laundering ǀ View UK banks are increasingly freezing their customers’ accounts indefinitely, citing strict anti-money laundering laws. Is it really a price worth paying? 27/01/2020
Now playing Next United Kingdom Euroviews. It’s time for the asset recovery industry to embrace AI’s potential ǀ View Using sophisticated algorithms, it is now possible to achieve far better outcomes in terms of speed, cost and accuracy, while also removing much of the complexity and unpredictability historically associated with locating undisclosed assets, particularly hidden bank accounts. 20/12/2019
Now playing Next United Kingdom Euroviews. Self-reporting of corporate wrongdoing should be further encouraged ǀ View Encouraging the self-reporting of corporate wrongdoing and motivating responsible corporate citizens has a number of significant benefits. 26/07/2019
Now playing Next Business EU Probes Amazon The EU has launched a formal investigation into how Amazon uses data from other merchants selling goods on its websites. 17/07/2019
Now playing Next Latvia Latvia Central Bank governor detained by anti-graft agency There are calls for Ilmars Rimsevics to temporarily step down from his post while an inquiry takes place. 18/02/2018