INSIGHT: The 5 key take outs from the AML Intelligence Roundtable with EU Finance Commissioner McGuinness as bloc moves closer to sweeping AML changes

Regulatory Watch News

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  Bulgaria: EPPO probes into church restoration on suspicion of subsidy fraud

  European Public Prosecutor's Office

  November 22, 2024

  (Luxembourg, 22 November 2024) – At the request of the European Public Prosecutor’s Office (EPPO) in Sofia (Bulgaria), ten searches were carried out on Wednesday, in a probe into suspected subsidy fraud involving the restoration of a church, funded by the EU.  During the searches, conducted in Burgas, Petrich, Rila and Sofia, documents and evidence were seized. 

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  Korean Ambassador, Kim Pankyu Lauds EFCC’s Anti-corruption Fight

  EFCC

  November 22, 2024

  The Korean Ambassador to Nigeria, Kim Pankyu, has commended the Economic and Financial Crimes Commission, EFCC, on its sustained efforts to stamp out economic and financial crimes and corruption in the country. He gave the commendation in Lagos on Thursday, November 21, 2024 when he led a delegation on a courtesy visit to the office of the acting Director of the Lagos Zonal Directorate of the EFCC,  Michael T. Wetkas. Speaking during the brief meeting, Pankyu praised the EFCC for its tireless efforts in combating economic and financial crimes in the country and also pledged to support its activities.

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  Italian man charged over alleged 15kg meth import through Sydney Airport

  Australia Federal Police

  November 22, 2024

  An Italian national is expected to appear before Downing Centre District Court today (22 November, 2024) charged with allegedly importing 15kg of methamphetamine into Australia concealed in his luggage. Australian Border Force (ABF) officers allegedly detected the illicit drugs yesterday (20 November, 2024) after selecting the man, 18, for a baggage examination when he arrived at Sydney Airport on a flight from Europe.