Environmental Agency and Ofwat team up to investigate potential sewage-dumping by water companies November 18, 2021 Ofwat and Environment Agency join forces to investigate reports water companies are dumping unpermitted sewage in UK rivers.
SFO outgunned by UK firms that spend millions more on lawyers to ‘buy impunity’ November 15, 2021 Companies under investigation by the Serious Fraud Office have spent up to ten times more than the fraudbusters on legal and investigation fees, causing major corruption cases to crash and burn, the Bureau of Investigative Journalism has found. The UK’s only complex fraud agency’s fight against economic crime is undermined by its lack of funding, [...]
Assange marries partner in Belmarsh Prison November 11, 2021 WikiLeaks founder Julian Assange has been given permission to marry his partner Stella Moris in Belmarsh Prison in London, after months of campaigning.
Australian treasury accused of pressuring ex-KPMG partner to omit $10bn gap in report November 8, 2021 A former KPMG partner has claimed he lost his job after being pressured by an Australian public servant to change a document that found a $10bn gap in the Treasury’s finances, according to reports. In a parliamentary hearing today, Brendan Lyon said he received “professional, ongoing attacks,” from public servants and that the Australian treasury [...]
Under-fire Liberty Steel owner Sanjeev Gupta faces French investigation November 8, 2021 French authorities are investigating Sanjeev Gupta’s business dealings, according to The Financial Times. Gupta is the chairman and CEO of GFG Alliance, which specialises in mining, industry and trading. The firm has been struggling with rising energy costs and the collapse of Greensill Capital which funded many of its acquisitions worldwide. The Paris Prosecutor’s Office [...]
Whistleblowing reports of minimum wage violations fall thanks to furlough scheme November 8, 2021 The number of whistleblowers reporting businesses for breaking national minimum wage laws has dropped to its lowest in four years, with the furlough scheme considered a key driver of the change. Whistleblower reports of national minimum wage (NMW) violations fell to 2,488 over the year, down from 2,580 last year, according to law firm Pinsent [...]
Three people injured in knife attack on German train November 6, 2021 Three people were seriously injured in a knife attack on an express train between the south German cities of Regensburg and Nuremberg on Saturday. Police said the attack happened around 0800 GMT in the district of Neumarkt. The train was stationary at Seubersdorf southeast of Regensburg. A 27-year-old Syrian man was arrested by the police [...]
Met Police: Officers to use video calls to verify themselves to lone women October 20, 2021 Plain-clothes police officers stopping lone women will be able to confirm their identity through a video call, says Commissioner Dame Cressida Dick. The commissioner told the police and crime committee at City Hall that she will soon be launching the “Safe Connection” initiative. The initiative will allow plain clothes officers to verify themselves via video [...]
Watchdog blames social media ‘hype’ and competitiveness for younger investors’ bets on crypto October 20, 2021 Three quarters of younger investors in the UK who place their bets on high-risk products, such as cryptocurrencies, say they are driven by “competition” with friends and their own past investments, according to new research from the FCA. Of the 1000 UK younger investors that the FCA surveyed between the ages of 18 and 40 [...]
FCA fines Credit Suisse over £147m for ‘tuna bond’ loan failures in Mozambique October 19, 2021 Credit Suisse has been fined over £147 million by the Financial Conduct Authority (FCA). The investment bank has been punished for serious due diligence failings involving two loans worth over $1.3bn and a bond exchange arranged for the Republic of Mozambique. The fine settles a long-running US probe into Credit Suisse’s role in the Mozambique [...]