Swiss authorities order Glencore to pay £119m over to resolve bribery probe August 5, 2024 Energy giants have been ordered by the Swiss authorities to pay a fine and compensation totalling around £119m, in regards to the bribery of a Congolese public official by its business partner in 2011
Wife of ‘McMafia banker’ agrees to forfeit golf club and Knightsbridge mansion August 5, 2024 The wife of convicted fraudster Jahangir Hajiyev has agreed to forfeit a mansion in Knightsbridge worth approximately £14m and a a golf club in Ascot, following a lengthy investigation by the National Crime Agency.
UK riots: Extra criminal lawyers deployed to tackle fallout of violence August 5, 2024 The head of the Crown Prosecution Service (CPS) has deployed extra criminal lawyers to deal with the fallout of the violence across the UK.
Class action avalanche: Report reveals litigations are eight times greater than UK population August 2, 2024 Class action litigation is dominating the UK as a new report shows claims filed by the end of 2023 encompassing over 540 million members.
Dentons: Dublin and Saudi drive revenue of world’s largest law firm to over £280m July 30, 2024 Dentons' UK, Ireland, and Middle East has reported single digit increase in revenue with the region generating £280.5m for the fiscal year ending 30 April 2024
FRC: Audit regulator’s review flags troubling performance by BDO and Mazars July 30, 2024 The Financial Reporting Council (FRC) has published its Annual Review of Audit Quality, highlighting troubling performance from audit firms BDO and Mazars
Mishcon de Reya Magic: Revenue soars to £300m despite profit blip July 30, 2024 London-based law firm Mishcon de Reya revenue surpasses £300m, despite a slight dip in profits due to recent merger.
Mozambique victorious in UK lawsuit tied to ‘tuna bond’ scandal July 29, 2024 The Republic of Mozambique has succeeded in its lengthy $2bn (£1.5bn) High Court battle with an Emirati-Lebanese shipping company Privinvest over allegations it paid bribes in what has become known as the 'Tuna Bonds' scandal.
NCA recovers £780,000 from sanctioned Russian billionaire’s estate July 29, 2024 The National Crime Agency (NCA) has recovered £780,000 from the estate of Russian billionaire Peter Aven following an investigation into potential sanctions evasion.
Centrica vs HMRC: What does Supreme Court ruling on tax deduction mean for businesses? July 26, 2024 Just last week Centrica lost an appeal against HMRC over the treatment of professional services fees.