According to an investigative audit by the lenders, Zoom allegedly diverted loan funds to 350-odd subsidiaries, related parties based in India and abroad, and to purchase jewellery for the wife of its promoter Chaudhary.
“Panama is committed to cooperate and exchange of information but these can be only on bilateral terms,” Navarro said during an interaction here adding “the country which takes the information should be prepared to take it and use it acc
The two attacks through SWIFT, used by about 11,000 banks and institutions around the world, have sent tremors through the global financial industry.
The Securities and Exchange Commission and the Department of Justice began investigating the recruitment programs of major investment banks three years ago, to see whether they violated the Foreign Corrupt Practices Act by hiring the friends and relatives
Yousaf Islam Associates, the firm handling financial issues of Chairman Pakistan Tehreek-e-Insaf Imran Khan, on Sunday said the chairman PTI had clear record for paying taxes regularly, ARY News reported.
It owes more than half its 25,000 investors a total of 5.2 billion yuan (S$1 billion) said the broadcaster, which is based in the commercial hub.
As Sebi readies to tighten its rules for controversy-ridden P-Notes, major foreign investors including JPMorgan, HSBC, UBS and Goldman Sachs have supported the proposed provisions for immediate reporting of any breach to the regulator and filing of suspic
Acknowledging that financial technology is challenging the status quo in the financial industry, Malaysia’s central bank Bank Negara Malaysia recently announced the commencement of a review on the regulatory framework for the adoption of Fintech, in