(Adds details, background) KIEV, Jan 16 (Reuters) – Ukraine’s central bank said on Tuesday an investigation into PrivatBank, the country’s largest lender which was taken into state control in 2016, showed it had been used for money-laundering and shady deals over at least a decade. Representatives of PrivatBank’s former main shareholders did not immediately provide…
Image copyright Getty Images Image caption David Allen Turpin, 57, and Louise Anna Turpin, 49, have been held on charges of torture and child endangerment Outwardly, the California couple accused of torturing and endangering their 13 children seemed to preside over a happy American family. If the photographs the couple posted on Facebook are anything…
THE Turpins of Perris, California were on the surface a large and devoutly Christian family who may have looked eerily similar, but seemed otherwise normal. Their resemblance to one another might have appeared creepy, but their lives in a nondescript Californian suburb south of San Bernardino did not attract much attention. That is, until they…
THE Turpins of Perris, California were on the surface a large and devoutly Christian family who may have looked eerily similar, but seemed otherwise normal. Their resemblance to one another might have appeared creepy, but their lives in a nondescript Californian suburb south of San Bernardino did not attract much attention. That is, until they…
ZURICH (Reuters) – Swiss airline Belair, formerly part of collapsed low-cost carrier Air Berlin (AB1.DE), has been taken over by German investment company SBC. SBC, based in Duesseldorf, said on Monday it wanted flights to resume as soon as possible and former Belair staff would be offered their jobs back after it made a deal…
Recent interest hikes have Albertans increasingly worried they won’t be able to cover their monthly expenses, according to a survey by the national personal insolvency firm MNP Ltd. The consumer debt index conducted by Ipsos for MNP found that 31 per cent of Albertans are unable to afford their monthly bills and debt obligations an…
None 17:26 15.01.2018 The forensic audit of Bank Khreschatyk, which was declared insolvent in April 2016, testifies to the complicity of the bank managers and owners to losses amounting to more than UAH 2.5 billion, according to the Individuals’ Deposit Guarantee Fund’s website. According to the report, the forensic audit of the bank was conducted…
Video PlayerClose RIGA, Jan. 15 (Xinhua) — The Latvian government’s talks with the potential investors of ailing steel firm KVV Liepajas Metalurgs has failed because it has now been decided to split the company’s assets and auction them off. KVV Liepajas Metalurgs is a firm based in the southwestern Latvian port city of Liepaja. Guntars…
One case that Agrokor could be compared to would be the infamous Parmalat case that shook Italy – and the similarities are uncanny. As Poslovni Dnevnik writes on the 15th of January, 2018, unlike what took place in the handling of the infamous Parmalat case, there are no individual restructuring plans for particular companies in…
Bankrupt business tycoon Scot Young, 52, made a phone call to his ex-wife In the call revealed in a BBC Two documentary he offered Michelle Young £30m The couple had been involved in one of the most costly divorces in Britain Mr Young pleaded with her to drop her investigation into his finances – five…