A former biodiesel trader took secret commission payments buying and selling fuel and laundered some of the profits back to his Dutch customer, a prosecutor told jurors in London on Wednesday.
A former biodiesel trader took secret commission payments buying and selling fuel and laundered some of the profits back to his Dutch customer, a prosecutor told jurors in London on Wednesday.
Standard Chartered PLC urged an appeals court Wednesday to toss accusations from investors that it had downplayed the extent to which it had breached U.S. sanctions against Iran by hundreds of billions of dollars, saying they have insufficient evidence to support them.
The Financial Conduct Authority's top executives on Wednesday vigorously defended its plans to name firms under investigation, but saw value in a potential alternative move to publish an "enforcement watch" newsletter giving an overview.
Three men pleaded not guilty on Wednesday at a London court to defrauding investors out of £3.9 million ($4.9 million) through an unregulated investment scheme promising to build water production plants in Australia, New Zealand and Africa.
A barrister who advised the Post Office on its past prosecutions has denied "turning a blind eye" by not investigating why an expert witness whose evidence was used to convict innocent people misled the courts, as he appeared before an inquiry on Wednesday.
A group of advertisers fought for a green light for their class action against Google owner Alphabet on Wednesday, arguing that their case meets the requirements for a class proceedings order because there are serious issues of abuse of market dominance to be tried.
A court has found that there is "reasonable cause" to suspect that a litigation-funder that backs a $1.34 billion fraud claim from a collapsed Russian bank against its former owner is controlled by individuals sanctioned in the U.K.
