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FinCEN Files: ‘Wired to make money’: Barclays’ private bankers serve ultra-rich, as watchdogs sound alarms

FinCEN Files expose tensions between British bank’s New York and London operations. Ivor Ichikowitz recoils at the arms industry’s “reputation for being very cloak-and-dagger.” “We are not in the destroying-anything business,” the 53-year-old founder of South African arms company Paramount Group told CNBC a few years ago. “We’re in the …

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FinCEN Files: Mystery company ties accused temple raiders to art world elite

Where in the world is Pantheon Worldwide? Not even its own bank can say. They pulled ancient Buddha heads out of the ground in war-torn Afghanistan and stole idols from temples in India. They cracked open shrines in Nepal, and in Cambodia and bought an 11th-century statue of the Hindu …

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US investigators thought Kaloti was helping launder drug money in gold, but Treasury Department did nothing

…Kaloti probe offers rare insight into illicit gold trade After three years of digging, investigators in the United States had accumulated a mountain of evidence that they believed sealed the case  against Kaloti Jewellery Group , one of the largest gold traders and refiners in the world. The Dubai-based conglomerate  …

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Ghana gold exporters in middle of suspicious $2.8b transactions tied to Kaloti and others

This article has been edited to include a response from the lawyers of  Asanska Jewellery Limited and the letter we wrote to them seeking comments. Ghana might be the largest producer of gold in Africa, but as available information shows, the country very likely is not getting its fair share …

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Ghana government urged to cut down on tax incentives to individuals, companies

The Tax Justice Coalition has asked government to prioritise domestic revenue mobilisation and to cut down on the many tax incentives to individuals and companies to raise enough money for development. The group said the many tax incentives and abuses by corporate organisations had led to a significant shortfall in …

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150 million more children pushed into poverty due to COVID-19 – UNICEF

The coronavirus pandemic and related lockdown measures have pushed 150 million more children into poverty, according to analysis published by UNICEF and Save the Children on Thursday. Since the start of the outbreak, there has been a 15-per-cent increase in the number of children living in deprivation in low and …

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Mali must have civilian-led transition government – ECOWAS

The Authority of Heads of State and Governments of ECOWAS have insisted on a transition government in Mali led by a civilian President and Prime minister. It has also asked the National Committee for the Salvation of the People (CNSP), the military Junta that deposed Malian leader Ibrahim Boubacar Keita …

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Ghana can’t afford ethnic agitation and sectarian pronouncements – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo says Ghana cannot afford ethnic agitation and sectarian pronouncements. He has therefore asked citizens to conduct themselves in a manner that would keep them united irrespective of one’s gender, ethnic or political affiliation. President Akufo-Addo was speaking at the Ghana Bar Association (GBA)’s webinar held …

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Kickbacks for referrals: How Nigerian doctors, hospitals, labs are defrauding patients

A PREMIUM TIMES investigation revealed how medical diagnostic companies are colluding with doctors and hospitals to scam Nigerians through a referral kickbacks scheme One afternoon in July 2013 while descending the stairs of a Lagos hospital where she worked as an auxiliary nurse, Abosede Oriabure, 45, heard a snap in …

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