Four high-profile UK jihadists fighting or recruiting for Islamic State militants in Syria are to be subjected to UN sanctions – at the UK’s request. The UN’s updated sanctions list named the four as Omar Hussain from High Wycombe, Nasser Muthana from Cardiff, Aqsa Mahmood from Glasgow and Sally-Anne Jones from Chatham in Kent. They […]

Addis Ababa (AFP) – Africa loses at least $50 billion (44 billion euros) a year to illicit practices like tax fraud, corruption and organised crime, a worrying situation that is hurting the continent’s economies, a UN-mandated study group warned Sunday. Illicit financial flows — which range from international corporations dodging taxes to the trafficking of […]

US authorities are investigating a member of Russian President Vladimir Putin’s inner circle for money-laundering, The Wall Street Journal reported Wednesday. In a politically thorny tightening of screws on Putin’s billionaire allies, the Justice Department and New York state prosecutors are looking into whether Gennady Timchenko transferred funds linked to allegedly corrupt deals in Russia […]

Even those nations that do have the capacity and resources are often failing to enforce the regulations. Despite the increased scrutiny of the United States and its European allies, the innate weaknesses of the international sanctions regime are evident in the cases of both Nada and Nasreddin. Despite a travel ban and a supposed freeze […]

An interim agreement to provide limited sanctions relief to Iran has been reached (24 November 2013) with the US, France, Russia, China, UK and Germany. During a six month period, in return for Iran taking several steps to limit the progress of its nuclear programme, certain US and EU economic sanctions on Iran will be […]