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Crime Bribery

  • LONDON— Latvia's top banking official, a key member of the European Central Bank, has been accused by local bank Norvik of seeking kickbacks, trying to launder Russian money and retaliating against the bank when it refused to play by the "rules of the game." Norvik bank has filed an international legal complaint against Latvia in which it alleges that a "Senior...

  • *ABLV Bank denies claims of sanctions busting, money laundering. RIGA, Feb 19- Latvia's ABLV Bank sought emergency support on Monday after U.S. officials accused it of helping breach North Korean sanctions while the country's central bank chief faced bribery allegations, turning up the spotlight on its financial system. Last year, two Latvian banks were fined...

  • LONDON— The Latest on the bribery investigation on the Latvian central bank chief:. An Associated Press investigation found that a Latvian bank is accusing Rimsevics of seeking bribes for years, abusing his power and being connected to individuals involved in money laundering from Russia. Norvik's CEO, Oliver Bramwell, told The Associated Press: "The...

  • LONDON— Latvia's top banking official explained the "rules of the game" for successful banking in the small European country. Rimsevics, the country's top banking official and a key member of the European Central Bank, was detained Saturday amid swirling accusations of bribery and money laundering schemes in Latvia that reach back to Russia.

  • RIGA, Feb 19- Latvia's third-biggest bank sought emergency financial support on Monday after U.S. officials accused it of helping breach North Korean sanctions, hours after the central bank governor was arrested over separate bribery allegations. The financial sector in Latvia, a small euro zone state that shares a border with Russia, has come under wider...

  • RIGA, Feb 19- One of Latvia biggest banks was forced to seek emergency help on Monday after it was destabilized by money laundering allegations, hours after the separate detention of the central bank governor on suspicion of soliciting bribes. The financial sector in Latvia, a small euro zone state that shares a border with Russia, has come under wider scrutiny...

  • RIGA, Feb 19- Latvia's anti-corruption authority said on Monday it had detained central bank governor Ilmars Rimsevics over the weekend for demanding a bribe. "The criminal procedure is about demanding a bribe of no less than 100,000 euros," Jekabs Straume, the head of Latvia's Corruption Prevention and Combating Bureau told reporters at a news conference.

  • RIGA, Latvia— Latvian anti-corruption agency says it suspects central bank chief Rimsevics of taking bribes, starts criminal probe.

  • HELSINKI— Latvia's anti-corruption agency says it suspects the nation's central bank chief of demanding and receiving bribes of at least 100,000 euros and has started a criminal investigation against him. Meanwhile, Latvia's financial regulator has ordered the crisis-struck ABLV Bank to cease all payments on the request of the European Central Bank amid...

  • LONDON— Latvia's top banking official, a key member of the European Central Bank, was detained Sunday after being questioned for hours by anti-corruption authorities amid accusations of bribery and money laundering in the European nation's financial system. Prime Minister Maris Kucinskis confirmed that Rimsevics, 52, was being detained, but didn't...

  • BOGOTA, Colombia— Venezuela's former oil czar Rafael Ramirez was sued Friday by a Houston company that alleges he was behind demands for at least $10 million in bribes to sign off on deals to sell its energy assets in the South American country. The civil complaint filed in Houston came just four days after a U.S. official told The Associated Press that Ramirez is...

  • ATHENS, Greece— A Greek former prime minister accused of involvement in a pharmaceutical bribery scandal filed a criminal complaint Thursday against current Prime Minister Alexis Tsipras and six other people, including the deputy justice minister and three prosecutors. Antonis Samaras, the conservative prime minister from 2012-15, filed the suit...

  • Park Geun-hye had been impeached last March and removed from the presidency in disgrace.

  • SEOUL, South Korea— Lotte Group chairman gets 2 1/ 2- year sentence for bribery in South Korean corruption scandal.

  • SEOUL, South Korea— A confidante accused of collaborating with South Korea's former president for personal gain was sentenced Tuesday to 20 years in prison for bribery and other crimes in a political scandal that triggered the country's first presidential impeachment and the conviction of an heir to the Samsung empire. The Seoul Central District Court also...

  • BOGOTA, Colombia— U.S. prosecutors say Venezuela's former oil czar received bribes as part of a major graft scheme that allegedly took place in the OPEC nation's oil industry, an American official familiar with the probe said. In the indictment, prosecutors in Houston allege two of the charged individuals told businessmen that proceeds from bribes they made in...

  • Feb 12- U.S. prosecutors on Monday announced charges against five former Venezuelan officials accused of soliciting bribes in exchange for helping vendors win favorable treatment from state oil company PDVSA, the latest case to stem from a $1 billion graft probe. The indictment by the U.S. Justice Department was filed in federal court in Houston, Texas, and was...

  • BOGOTA, Colombia— U.S. prosecutors believe that Venezuela's former oil czar and ambassador to the United Nations received bribes as part of an alleged multibillion-dollar graft scheme in the South America nation's oil industry, an official familiar with the U.S. investigation said Monday. In Monday's indictment, prosecutors in Houston allege two of the...

  • ATHENS/ ZURICH, Feb 12- Greece's prime minister urged parliament on Monday to probe politicians in an alleged drug bribery case, while Swiss drugmaker Novartis promised to take action if an investigation found unethical conduct. Novartis said it would take "fast and decisive action" should an investigation into alleged bribery in Greece find that its managers...

  • BRASILIA, Feb 9- A bribery investigation into Brazilian President Michel Temer regarding the extension of port concessions last year has found no evidence of corruption and could soon conclude no crime was committed, the head of the federal police told Reuters on Friday. Director General Fernando Segovia said in an interview that police found no proof that a...