Final Curtain for Cyprus Money-Launderer

The Tanzania-based FBME Bank, which has been described as one of the most notorious money-laundering operations in the world, has lost its final fight for access to the US electronic money transfer system, effe...

Book Review: JASTA and a Third World War

In May of 2016, the US House of Representatives unanimously passed the Justice Against Sponsors of Terrorism Act allowing victims of bombings or other terrorist acts to sue the governments of countries where th...

Thai Authorities Suspend Dubious Hire Purchase Company

Thailand’s Securities and Exchange Commission has requested a criminal probe into the activities of Mitsuji Konoshita, the chief executive officer of Group Lease Plc., suspended it from trading as of Oct. 16, t...

Rogue Bank May Have Lost Fight to Stay Open

Ayoub-Farid, Fadi and Michael Norbert Saab, the beneficial owners of the Tanzania-based FBME Bank, whose Cyprus unit has been described as one of the most notorious money-laundering operations in the world, app...

Book Review: The General vs. The President

Harry S Truman ascended to the presidency of the United States on April 12, 1945, a plain-spoken career politician and product of the political machine of Boss Tom Pendergast in Kansas City. It is clear that Do...

Malaysia at 60: The Promise Fades

On Aug. 31, Malaysia will celebrate – if that is the proper word – the 60th anniversary of its founding with its people subdued and with a government widely regarded as a kleptocacy. It is wracked with a con...

Malaysia’s Najib Gets a White House Pass

In asking Malaysian Prime Minister Najib Razak to the White House, US President Donald Trump has extended an invitation to arguably Southeast Asia’s biggest crook among the region’s current leaders and one who ...

A Fox in Charge of a Global Money-Launderer’s Henhouse

In 2014, the central banks of Tanzania and Cyprus took over the notorious FBME Bank, which was accused of a long list of banking violations that allegedly made it the money-laundering epicenter of global financ...