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IS the suitcase or manila envelope full of cash still a favoured means of exchange between briber and bribed, or has bribery become so sophisticated that such basic methods are now foresworn? It would appear so – at least, third parties are now readily employed to obscure a bribe trail.…

It is easy to show how vice-chancellors and other senior university officials can lead academic policy and programmes – because that is their job. The role of intellectuals and senior academics without formal power in leadership is harder to define. But some intellectuals are so prominent that they inspire change and development in academia – and such is the case with Professor Dr Mahmood Mamdani, the African historical, political and social commentator.…

IRAN is under sanctions from the United States, the European Union (EU) and the United Nations, and last year the US tightened the screws even more. As President Barack Obama said following his re-election in November, 2012: “We’ve imposed the toughest sanctions in history.”…

REGULATORS worldwide are waking up to anti-money laundering (AML) and combating the financing of terrorism financing (CFT) vulnerabilities posed by complex financial instruments such as futures, options, contracts-for-difference, depository receipts, and so on.

Contemporary case studies are scarce, scant and usually sanitised for release into the public domain, for instance typologies published in recent years by: global AML/CFT body the Financial Action Task Force (FATF); the European Union’s (EU) FATF-style body Moneyval; the Asia/Pacific Group on Money Laundering; and the United Nations Office on Drugs and Crime (UNODC).…

PROFITS from human trafficking are estimated at USD32 billion-a-year and growing, according to the International Labour Organisation (ILO), with the trade one of the fastest growing international crimes, now second to the drugs trade and ahead of arms trafficking. But despite its emotive nature as a crime, only recently has the money laundering angle to human trafficking been taken more seriously, and there is still a way to go.…

A golden age of mobile communications is dawning, with consumers worldwide spending more money on hand-held comms devices than ever before. But service providers beware. They must be smart to capture new revenue streams from apps, audiovisual delivery, social media and data services, lest these new riches are diverted into the hands of content owners and OTT service providers.…

Money laundering takes place in the arts world and much of it at auctions, only the arts world doesn’t like to talk about it much. And anti-money laundering (AML) experts understand the methods used. At a Paris conference held last February (2012) by the Syndicat National des Antiquaires (the French national union of antique dealers) the director of the l’Institut de Criminologie de Paris, Philippe Conte, explained how launderers would put a work up for auction, to be bought by an accomplice in cash using dirty money.…

PART 1 – THE RAPID EVOLUTION OF MULTI-CHANNEL

The apparel retail world has been altered profoundly by technology over the last few years, and the fashion industry knows that to succeed marketing and sales must be undertaken though the many new channels that are now available. …

GHANA’S Kotoka International Airport (KIA) has been making the news for all the wrong reasons, from accounts of a brawl breaking out between different security services at the airport; to the interception of a shipment of Ghanaian plantain stuffed with cocaine reported by UK officials.…

ALMOST three years after the eruption of the Icelandic volcano Eyjafjallajökull which closed the European air space and left millions of passengers stranded in airports across the continent, a network of  European institutions charged with handling such and other similar crises is still finding its feet.…