Sentence examples for laundering of assets from inspiring English sources

Their motives range from the perfectly legitimate, to tax evasion, to the laundering of assets looted from their home countries.In his budget this week, George Osborne extended the pain from the super-rich to the merely rich, lowering from £2m ($3.3m) to £500,000 the threshold at which the top, 15% rate of stamp duty kicks in.

For example, we already know the documents detail the laundering of assets related to a powerful Mexican drug ring, so whoever's implicated in that will probably be muy triste once the judge overseeing the case bangs his gavel for the last time.

"They point to overseas bribery by UK companies, the laundering of corrupt assets through the City, the lax regulation and lack of transparency in British-controlled tax havens, to say nothing of corruption scandals here in the UK," he said - pointing also to the "dropping of significant proposals putting personal responsibility on bankers for money-laundering failings".

The White House says it now wants an aggressive attack on money laundering, including stepped-up seizure of assets.

He outlined three sets of charges against Cohen's company: insider-trading charges, wire-fraud charges, and civil money-laundering charges, which could entail forfeiture of assets tied to the illegal trading.

The UK Serious Fraud Office also said on Monday that it had frozen $23 million of assets as parts of a money laundering investigation with ties to Ukraine.

But British law does not allow for cases to be brought by NGOs, so any recovery of assets would depend on the money-laundering authorities.

That does not mean that pushing for greater transparency in the ownership of assets and making it easier to prosecute money laundering are not worth the effort.

On 30 January 2008, Ao was found guilty on 40 counts of bribe-taking, 13 counts of money laundering, two counts of abuse of power, one count of incorrect declaration of assets and one count of holding assets from unknown sources; Ao was sentenced to 27 years in prison.

Singapore authorities said in a statement on Thursday they had seized S$240 million ($177 million) of assets in an investigation of 1MDB-related fund flows for possible money laundering.

Millions of dollars of assets were concealed, and HSBC is now being investigated by Swiss officials for money laundering.