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Large supermarket ends motorsport sponsorships amid money laundering investigation

Premium January 4, 2023
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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 Dutch supermarket chain is discontinuing the majority of their motorsport sponsorship and reviewing how it handled sponsorship in the past and in the present.

Jumbo has not yet decided whether to discontinue sponsorship of Formula 1 driver Max Verstappen, according to The NL Times.

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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

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