Corruption costs the German economy around 100 billion Euros a year. Many of the perpetrators are from the wealthiest section of society. So why do high-earning executives try to top up their paycheck through crime?
Roughly €200 billion worth of "suspicious" transactions were taken care of by the Danish bank's branch in Estonia. The branch was reportedly known for laundering money for Russian President Vladimir Putin's family.
Dutch banking group ING has agreed to pay a fine following criminal investigations by prosecutors. The lender had been confronted with allegations of money laundering in the Netherlands.
A corruption trial against oil giants Shell and Eni and Nigeria's ex-oil minister Dan Etete is getting started in Milan. The case deals with alleged bribes valuing millions, and the Italian trial is not the only one.
Sportswear giant and trendsetter Adidas has been caught red-handed in a major corruption and bribery scandal in the US, prompting a reconsideration of athlete endorsement in exchange for other superstars.
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