Goldman Sachs new boss has apologized to Malaysia for the role an ex-partner played in the corruption scandal at one of the country's wealth funds. However, chief executive David Solomon also distanced the bank from the scheme, which saw billions embezzled from the state development fund, 1MDB.Add your comment!
Three former Credit Suisse bankers have been arrested over their alleged role in a US$ 2bn fraud scheme connected to firms in Mozambique, according to US authorities. The men have been released on bail in London while the US seeks their extradition.
Colombian former Secretary of Transparency Rafael Merchán, who had been slated to testify in the local version of the Odebrecht corruption scandal, was found dead, it was reported.
An Argentine appeals court Thursday upheld the September decision by judge Claudio Bonadio whereby Former President Cristina Fernández de Kirchner (CFK) must stand trial and be preemptively imprisoned throughout the proceedings for having allegedly received millionaire bribes from businessmen in the Kirchnerist governments (2003-2015).
Brazil's attorney general has accused President Michele Temer of sitting at the center of an institutionalized system of corruption and has asked the courts to charge him with crimes as soon as he leaves office at the year's end.
Brazilian Federal Police raided the home of Science and Technology Minister Gilberto Kassab on Wednesday following accusations that he received millions in bribes from the JBS food company between 2010 and 2016.
United States President Donald Trump's troubled charity foundation has agreed to close down amid allegations that he and others illegally misused its funds. The move was announced by the Attorney General of the state of New York, Barbara Underwood, who will supervise the distribution of its remaining monies.
Peruvian President Martín Vizcarra Wednesday announced a set of political reforms after most of his proposals drew overwhelming support in last Sunday's referendum.
Brazilian police made public an investigation into corruption involving three senators and three lawmakers that stemmed from a related probe into major meatpacker JBS SA. The police carried out 24 search-and-seizure warrants in the early morning hours, they said in a written statement, as part of an investigation into money laundering and corruption, among other crimes.
The Guayaquil-born Otto Sonnenholzner Sper took office on Tuesday as Vice-president of Ecuador, after being chosen by the National Assembly from a shortlist put forward by President Lenin Moreno.