Martin Coyle

1 week ago | mlex.com | Phoebe Seers |Martin Coyle

By Phoebe Seers and Martin Coyle ( May 8, 2025, 15:54 GMT | Comment) -- The UK’s sanctions enforcer took to its blog today to get across the message of how seriously it takes non-compliance with information requests. A recent penalty that OFSI imposed on Svarog Shipping & Trading was heralded as a signal of the importance in responding to to it quickly and comprehensively. The only problem?

1 week ago | mlex.com | Martin Coyle |James Panichi

By Martin Coyle and James Panichi ( May 5, 2025, 09:08 GMT | Comment) -- Gambling operator Entain has moved to put itself on a firmer footing, with the recent appointment of Stella David as its head. Near the top of her to-do list is likely to be how to handle civil action taken against the company in Australia for suspected lax money laundering controls, which could lead to a big fine.

2 weeks ago | mlex.com | Martin Coyle

By Martin Coyle ( May 2, 2025, 10:08 GMT | Insight) -- Two former UK employees of energy giant E.ON have been jailed along with two other individuals for their involvement in a bribery, money laundering and fraud scheme in which they took money to give preferential treatment to two construction contractors.

2 weeks ago | mlex.com | Martin Coyle

By Martin Coyle ( April 30, 2025, 14:46 GMT | Insight) -- Former associates at UK construction company Mace Group, as well as infrastructure company Blu-3, are facing a Serious Fraud Office investigation into allegations that bribes worth millions of pounds were paid, linked to the construction of a Microsoft data center in the Netherlands.Former associates at Mace Group and UK infrastructure company Blu-3 face a Serious Fraud Office investigation into allegations that bribes worth millions...

2 weeks ago | mlex.com | Martin Coyle

By Martin Coyle ( April 28, 2025, 13:48 GMT | Insight) -- Three former Keltbray site managers and a demolition company owner were today jailed for a total of 12 and a half years in the UK, following their convictions on bribery charges involving millions of pounds’ worth of construction contracts.Three former Keltbray site managers and a demolition company owner were today jailed for a total of 12 and a half years in the UK, following their convictions on bribery charges involving millions of...