Money-laundering

Malaysia approves N. Korean's extradition to US

A North Korean man is likely to face money-laundering charges in the United States (US) after a Malaysian court approved his extradition Friday, in a case his lawyers claim is politically motivated. Mun Chol Myong has denied FBI claims that he led a criminal group that violated sanctions by supplying luxury goods to his isolated homeland and laundered funds through front companies. The 54-year-old, who has lived in Malaysia with his family for a decade, was arrested in May f

14 December 2019
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Ex-Garuda Indonesia boss arrested

The former CEO of Indonesian carrier Garuda has been arrested on money-laundering charges linked to a major corruption scandal that saw British engine-maker Rolls-Royce pay more than US$800 million in fines, anti-graft investigators said.Emirsyah Satar's arrest Wednesday comes over two years after he was named a suspect by Indonesia's Corruption Eradication Commission (KPK) for allegedly receiving kickbacks from Rolls-Royce in exchange for buying planes fitted with its engines.Satar

9 August 2019
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