KATHMANDU, Feb 28: The Special Court on Thursday convicted former minister Sanjay Sah alias Takla of corruption as well as money laundering. Sah is currently serving a life term in Nakkhu prison for ‘masterminding’ bombing in Janakpur a few years ago.
KATHMANDU, Feb 17: Nepal's cooperative sector that has remained largely unregulated faces the risk of being used for money laundering, an official of Department of Money Laundering Investigation (DoMLI) said on Sunday.
SARLAHI, Sept 3: Police in Sarlahi district are probing Shyam Krishna Kalawar for alleged involvement in money laundering also. He is already under investigation for duping hundreds of impoverished locals with faked loan documents.
KATHMANDU, Aug 9: The Supreme Court on Thursday sought the investigation report from the Department of Money Laundering (DoML) in relation to Rs 4 billion brought into the country in 2010 by controversial businessman Ajeya Raj Sumargi from Cyprus.
KUALA LUMPUR, July 4: Malaysia’s anti-graft agency said Thursday it has detained Riza Aziz, the stepson of former Prime Minister Najib Razak and a Hollywood film producer, and will charge him with money laundering.
KATHMANDU, Jan 19: Finance Minister Yuba Raj Khatiwada on Friday held an internal meeting concerning the money laundering exposed by Nepal Leaks. The minister had a meeting with officials of all government units involved in money-laundering investigations, in the wake of the Nepal Leaks disclosure about 55 Nepalis stashing ill-gotten money in different offshore companies and foreign banks. Most of them have also brought the money into Nepal as foreign direct investment.
KATHMANDU, Jan 5: The government has designated regulating agencies to prevent money laundering in gold, silver and expensive jewelry trading, real estate, casinos, companies, auditing firms, and retirement funds managed by private companies. These sectors are believed to be havens of massive money laundering activities.
KATHMANDU, Nov 28: The Commission for Investigation of Abuse of Authority (CIAA) and the Department of Money Laundering Investigation have signed a memorandum of understanding to effectively implement the laws to curb money laundering and corruption.
KUALA LUMPUR, Oct 19: Malaysia’s former deputy prime minister has been charged with abuse of power, corruption and money laundering involving millions of dollars in another graft investigation against the leaders ousted in shock election results earlier this year.
KUALA LUMPUR, Oct 4: The detained wife of former Malaysian Prime Minister Najjib Razak was brought to court Thursday to face money laundering charges in a graft scandal involving the 1MDB state investment fund.