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LATEST: Swiss court reduces sentences of convicted money launderers

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NEWS: Thales, Europe’s largest defence technology company, faces bribery probe from UK’s SFO

BREAKING: UK sanctions trio of wealthy oligarchs in new campaign against dirty money

INSIGHT: Corporate secrecy ‘scourge’ in fight against fincrime, time for fully public BO registers, says Financial Times

By Alisha Houlihan for AMLi

A Swiss court has reduced the sentences of two businessmen who were convicted in 2013 for mass money laundering.

The pair, who are from the Czech Republic, reportedly manipulated stock prices to their advantage through offshore schemes in the Mostecka Uhelna Spolecnost (MUS) coal company privatisation scheme, reports SwissInfo.

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Premium

NEWS: Thales, Europe’s largest defence technology company, faces bribery probe from UK’s SFO

BREAKING: UK sanctions trio of wealthy oligarchs in new campaign against dirty money

INSIGHT: Corporate secrecy ‘scourge’ in fight against fincrime, time for fully public BO registers, says Financial Times

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