It is alleged that an Irish bank – Bank of New York Mellon Investment Servicing (International) in Ireland, which is headquartered in Dublin – used to funnel cash in $114m global bribes scandal US authorities put stay on court order to seize Irish-based assets in telecoms corruption probe, writes Simon Rowe Bribes were allegedly paid […]

The DoJ has moved to seize around $1 Billion in assets in the Uzbekistan telecoms scandal. It is alleged that VimpelCom and MTS, based in Russia, and TeliaSonera of Sweden gave bribes to secure a 3G mobile network in Uzbekistan. The Department of Justice has asked several European countries last week to freeze about $1 […]

Britain’s markets regulator has fined Bank of New York Mellon (BK.N) 126 million pounds for failing to keep customer money safe during the financial crisis. The Financial Conduct Authority (FCA) said on Wednesday the fine was levied on Bank of New York Mellon’s London branch, and on Bank of New York Mellon International Limited for […]