Is the BMI Offshore bank under investigation by the FIU or not? The bank closed unexpectedly yesterday and its staff has vanished while documents have been seized by the authorities. Yet, the FIU says it is not investigating the bank per se. By A.De Giorgio The grapevine has been buzzing with news that the BMI […]

An investigation is being conducted into the alleged use of offshore companies registered in Seychelles as part of a broader criminal enterprise used to pay over US $18,000,000 in bribes to public officials in India. The information was released through a communiqué by the Seychelles Financial Intelligence Unit (FIU) in which it added it is […]