The Traderszone Network

Published in TZ Latest News 29 October, 2017 by The TZ Newswire Staff

French judge calls for crackdown on money laundering with new ruling

In a case where the verdict symbolized more than the fines and punishment it meted out, lawyers are touting a French court ruling as a defining moment for international money laundering. The son of Equatorial Guinea president, Nguema Obiang, was found guilty by Paris criminal court of buying assets including real estate and luxury goods like sports cars in the country with “ill-gotten gains,” according to Bloomberg News. On an annual salary of about $80K […]

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