The smallest nation in the European Union is earning an unsavoury reputation, with a series of scandals involving allegations of bribery, cronyism and money laundering. Jon Wertheim reports. https://lnkd.in/eYm2seB

Scarcely three weeks after the announcement that relations between the Bank of Muscat International Offshore (BMIO) and its correspondent bank had broken down, the Central Bank of Seychelles (CBS) has announced that it has “taken control of BMIO effective today November 11, 2014”. According to a press statement issued by CBS this afternoon, the reserve […]