In an interesting move, the UAE Central Bank has imposed a sanction of AED 6,833,333.00 (amounting to $1,860,676 approx.) on Bank of Baroda, GCC Operations, Dubai for violating anti-money laundering laws.
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Multinational Companies Return Money to South Africa after Corruption Probes
The Compliance Lady ABUSE OF POWER, BRIBERY, CORPORATE CORRUPTION, Corruption, FCPA, Grand Corruption, Public Funds, South Africa
What is happening in South Africa lately is so interesting. The results of the so-called “State Capture” investigation have produced some striking findings. South African authorities have investigated how several multinationals contracted with State-owned entities via the Gupta brothers (now exiled in Dubai), who in turn, used their friendships with former President Jacob Zuma to manipulate…
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