Martin Coyle

London

Senior Correspondent at MLex Market Insight

Correspondent covering bribery, corruption and financial crime at @MLexclusive Email me at [email protected]. Might be the odd watford tweet.

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Articles

Adani Group entity denies US report of Iran sanctions evasion probe

4 days ago | mlex.com | Samuel Rubenfeld |Martin Coyle

By Samuel Rubenfeld and Martin Coyle ( June 3, 2025, 19:44 GMT | Insight) -- An Adani Group entity has denied engaging in sanctions evasion following a media report that US investigators have opened a new front in their probe of the Indian conglomerate’s business activities.
NMC Health audit investigators found fraud 'cheat sheets,' UK court told

4 days ago | mlex.com | Martin Coyle

By Martin Coyle ( June 3, 2025, 11:47 GMT | Insight) -- Forensic accountants investigating a massive fraud at NMC Health found internal “cheat sheets” in the company’s systems setting out its true financial position and detailing how “significant payments” were made from the healthcare provider, a UK court heard today.
AOG Technics executive appears in UK court over fake plane parts allegation

5 days ago | mlex.com | Martin Coyle

By Martin Coyle ( June 2, 2025, 10:23 GMT | Insight) -- An executive at UK aircraft parts supplier AOG Technics has appeared in a London court today following a fraud charge brought against him related to the alleged sale of fake aircraft parts.An executive at UK aircraft parts supplier AOG Technics has appeared in a London court today following a fraud charge brought against him related to the alleged sale of fake aircraft parts....
UK businessman appears in court over multiple Malawi bribery charges

1 week ago | mlex.com | Martin Coyle

By Martin Coyle ( May 30, 2025, 15:08 GMT | Insight) -- A British businessman appeared in a London court today to face 18 charges linked to bribery involving high-ranking public officials in Malawi, including the country’s former vice-president. Zuneth Abdul Rashid Sattar is accused of paying bribes to secure contracts worth tens of millions of dollars. He was today ordered to pay two million pounds in surety and hand over his passport as part of bail conditions.
AOG Technics exec charged in UK fraud office airline parts probe

1 week ago | mlex.com | Martin Coyle

By Martin Coyle ( May 28, 2025, 15:29 GMT | Insight) -- An executive at UK aircraft parts supplier AOG Technics has been charged with fraud by the Serious Fraud Office today. The charge relates to the SFO’s probe into the alleged fraudulent sale of aircraft parts for passenger and cargo aircraft engines, the CF56 and CF6. An executive at UK aircraft parts supplier AOG Technics has been charged with fraud by the Serious Fraud Office today.
Ex-Russian official jailed in UK over sanctions breaches challenges conviction

1 week ago | mlex.com | Martin Coyle

By Martin Coyle ( May 28, 2025, 15:11 GMT | Insight) -- A former Russian government minister jailed last month for breaking UK sanctions legislation over the purchase of a Mercedes and the payment of thousands of pounds in private school fees is appealing his conviction.A former Russian government minister jailed last month for breaking UK sanctions legislation over the purchase of a Mercedes and the payment of thousands of pounds in private school fees is appealing his conviction....
2025 CFO Technology Outlook: The tech industry is on the reb

1 week ago | bdo.com.au | Martin Coyle

Earlier this year, BDO USA conducted a comprehensive survey of 100 technology company Chief Financial Officers (CFOs), with revenues ranging from under $50 million to over $3 billion. This survey, conducted in February 2025, explores the perspectives of CFOs on their priorities, the challenges they’ve faced over the last few years, and their outlook for 2025.
Rothschild becomes first Luxembourg bank to be convicted of money laundering

2 weeks ago | mlex.com | Martin Coyle

By Martin Coyle ( May 22, 2025, 12:27 GMT | Insight) -- Edmond de Rothschild (Europe) bank has been ordered to hand over 25 million euros today following its conviction on money laundering charges connected to the 1MDB scandal. The lender is the first in Luxembourg to be convicted of money laundering.Edmond de Rothschild (Europe) bank has been ordered to hand over 25 million euros ($28.2 million) today following its conviction on money laundering charges connected to the 1MDB scandal.
UK's Spreadex fined over second breach of money-laundering controls

3 weeks ago | mlex.com | Martin Coyle

By Martin Coyle ( May 15, 2025, 13:57 GMT | Insight) -- Spreadex was fined 2 million pounds today by the UK’s gambling regulator for anti-money laundering failures, the second time in three years it has faced action for lax financial-crime controls. The Gambling Commission found problems with its compliance processes between 2022 and 2023.
Pemex removed from Norway’s wealth fund over corruption risk

3 weeks ago | mlex.com | Martin Coyle

By Martin Coyle ( May 12, 2025, 09:47 GMT | Insight) -- Petroleos Mexicanos, or Pemex, has been excluded from the Norwegian sovereign wealth fund over concerns about its links to corruption.