360° Coverage : Money launderers bribed Spanish cops, Chinese politicians

11 Updates
Money launderers bribed Spanish cops, Chinese politicians
Photo Credit: PEDRO ARMESTRE, Getty Images

Money launderers bribed Spanish cops, Chinese politicians

Dec 18 2012, 12:16am CST | by

Madrid, Dec 18 (IANS/EFE) .- The money laundering network allegedly headed by Chinese national Gao Ping facilitated its operations with bribes to customs agents in Spain and politicians in China, Spanish police say.

Madrid, Dec 18 (IANS/EFE) .- The money laundering network allegedly headed by Chinese national Gao Ping facilitated its operations with bribes to customs agents in Spain and politicians in China,...

Filed under: news

YouTube Videos

 
 
 

1 year ago

Money launderers bribed Spanish cops, Chinese politicians

Dec 18 2012, 12:16am CST | by

Madrid, Dec 18 (IANS/EFE) .- The money laundering network allegedly headed by Chinese national Gao Ping facilitated its operations with bribes to customs agents in Spain and politicians in China, Spanish police say.

Madrid, Dec 18 (IANS/EFE) .- The money laundering network allegedly headed by Chinese national Gao Ping facilitated its operations with bribes to customs agents in Spain and politicians in China, Spanish police say.

EFE gained access to a May 2012 police report on "Operation Emperor" that included transcripts of intercepted telephone conversations among the suspects.

In a conversation involving Wei Lin, who is considered to be one of Gao's lieutenants, the parties refer to customs workers and show, police say, "that the purchasing of favours is and has been a habitual practice in the recent past" in their commercial operations.

The criminal outfit also bribed Chinese officials, according to what was gleaned from another conversation between a man of Chinese origin and Gao.

In that conversation, the man asks Gao to contact politicians in the province of Guang Xi so that they would give the "green light" for a real estate project, in exchange for which he offered Gao part of the stock in the venture.

Gao answers that he will help the man find the "proper politician" because he knows "many in the area".

A Spanish judge Nov 29 ordered the release from jail of Gao and 11 other suspects due to a judicial error in extending the time they were under arrest.

The 12 suspects were ordered to surrender their passports and check-in with the court daily in person.

Operation Emperor lasted two years and is one of the largest dealing with laundering of assets and fiscal crime ever carried out in Spain.

Among those arrested are public officials, businessmen, politicians and even a well-known Spanish porn actor.

--IANS/EFE

rd

IANS

 
Update
11

2 weeks ago

Spain suspends symbolic vote on Catalan independence

Nov 4 2014 10:47am CST | Source: Euronews

Spain's constitutional court has suspended a symbolic referendum planned by the Catalan regional government for Sunday. A full inde ...
Source: Euronews   Full article at: Euronews
 

 
Update
10

2 weeks ago

Spain court blocks symbolic Catalan independence vote

Nov 4 2014 6:57am CST | Source: Business Insider

Madrid (AFP) - Spain's Constitutional Court on Tuesday blocked a symbolic independence referendum, planned by the wealthy northeastern region of Catalonia on November 9, at the request of the nation's central government.The Catalan regional government in mid-October dropped plans for an official non-binding independence referendum and replaced it with the symbolic vote, after the court also suspended that vote. Join the conversation abo ...
Source: Business Insider   Full article at: Business Insider
 

 
Update
9

2 weeks ago

Spain*s registered jobless total rises for 3rd month in a row, sign economy still struggling

Nov 4 2014 4:40am CST | Source: Canadian Business Online

MADRID – The number of people registered as unemployed in Spain rose by nearly 80,000 in October compared with the previous month, suggesting a bump in the economy’s recovery but also due to seasonal factors. The labour ministry said Tuesday the number of those listed as out of work jumped by 79,154 to make a rounded total of 4.5 million. It was the third consecutive monthly increase as the summer tourism season ended. Spain is recovering ...
Source: Canadian Business Online   Full article at: Canadian Business Online
 

 
Update
8

2 weeks ago

Spanish Unemployment Comes In Worse Than Expected

Nov 4 2014 2:23am CST | Source: Business Insider

The number of unemployed workers in Spain rose by 79,200 in October, which is worse than the expected increase of 73,000. Join the conversation about this story » ...
Source: Business Insider   Full article at: Business Insider
 

 
Update
7

3 weeks ago

A New Anti-Austerity Party That's Taking Spain By Storm Could Throw Europe Into Turmoil

Nov 3 2014 6:09am CST | Source: Business Insider

Following in the wake of Greece's Syriza, another far-left party has taken a polling lead in Europe. This time, it is Spain's Podemos, a party founded in March this year, with a distinct and radical platform that could overturn Europe's political and economic course.  The party has surged in recent months: it gained 8% of the vote in European parliament elections held this May, and is beating every other party in polls. In the latest set, 27.7% of Span ...
Source: Business Insider   Full article at: Business Insider
 

 
Update
5

3 weeks ago

Can You See This Spanish Flag?

Nov 3 2014 4:39am CST | Source: WSJ.com: Europe Home

As separatist passions surge in Spain, a cat-and-mouse game involving flags is playing out in scores of town halls in Catalonia and other restive ...
Source: WSJ.com: Europe Home   Full article at: WSJ.com: Europe Home
 

 
Update
4

3 weeks ago

Leading Spanish think-tank Forética joins WBCSD’s Global Network

Nov 1 2014 11:59pm CDT | Source: World Business Council for Sustainable Development

The World Business Council for Sustainable Development (WBCSD) has announced that Forética, the leading Spanish think-tank on sustainability and corporate social responsibility has joined its Global Network. Forética will play a key role in driving national business leadership on su ...
Source: World Business Council for Sustainable Development   Full article at: World Business Council for Sustainable Development
 

 
Update
3

3 weeks ago

BBVA Compass and Dwolla Payments -- Leading Together In Real Time

Oct 31 2014 8:53am CDT | Source: Forbes Real Time

Real-time payments in the U.S. are moving ahead without waiting for the Fed, as BBVA Compa ...
Source: Forbes Real Time   Full article at: Forbes Real Time
 

 
Update
2

3 weeks ago

TotalBank grows loans $97M as earnings drop

Oct 30 2014 1:28pm CDT | Source: South Florida Business Journal

TotalBank's earnings fell slightly in the third quarter but it had another solid period of loan growth. The Miami-based bank, a subsidiary of Banco Popular Español SA in Spain, earned $2.24 million, down from earnings of $3 million in the second quarter. The biggest difference was that TotalBank recorded a $2.1 million gain in the third quarter from withdrawing funds from its loan loss reserves, which is a consequence of imp ...
Source: South Florida Business Journal   Full article at: South Florida Business Journal
 

 
Update
1

3 weeks ago

Retired policeman drowns rescuing swimmers in Spain

Oct 30 2014 9:08am CDT | Source: Daily Express

A RETIRED British police officer has drowned after helping swimmers in difficulty in ...
Source: Daily Express   Full article at: Daily Express
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

blog comments powered by Disqus

Latest stories

Indian American scientist develops path to brighter LCD displays
Washington, Nov 24 (IANS) Researchers led by an Indian-American have developed a polarising filter that can result in mobile device displays that last much longer on a single battery charge and cameras that can shoot in dim light.
 
 
Xi Jinping-Peng Liyuan love story goes viral on internet
Beijing, Nov 24 (IANS/EFE) A music video that tells the story of the deep love between Chinese President Xi Jinping and his wife Peng Liyuan has gone viral on the internet with more than 22 million views in a week, the People's Daily reported Monday.
 
 
Italian doctor contracts Ebola in Sierra Leone
Rome, Nov 24 (IANS) A doctor working for a voluntary organisation in Sierra Leone has become the first Italian to contract Ebola, media reported Monday.
 
 
Complete fossil of small dinosaur found
Seoul, Nov 24 (IANS/EFE) South Korean paleontologists have found a complete fossil of a small dinosaur in rare condition, the first such discovery of its kind in the country, according to the National Research Institute of Cultural Heritage in Seoul.
 
 
 

Latest from the Network

Turkey rejects easing relations with Egypt
Istanbul, Nov 24 (IANS) Turkish President Recep Tayyip Erdogan said Monday that he rejected the reconciliation efforts for friendly relations with Egypt. Turkey does not accept the legitimacy of Egyptian President...
Read more on Politics Balla
 
US defence chief Chuck Hagel forced out
Washington, Nov 24 (IANS) In a surprise development, US Defense Secretary Chuck Hagel resigned Monday reportedly under pressure amid criticism of President Barack Obama's national security team over how to deal with...
Read more on Politics Balla
 
Bette Midler slams 'silly' Ariana Grande
Bette Midler has slammed Ariana Grande's ''silly high voice''. The 68-year-old actress hit out at the 21-year-old star's sexy music videos for being ''silly beyond belief'', and insists the 'Bang Bang' hitmaker's...
Read more on Celebrity Balla
 
Demi Lovato: Me and Miley have nothing in common
Demi Lovato insists she and Miley Cyrus won't be friends again because they have nothing in common. The 22-year-old singers were good pals during their rise to fame but the 'Heart Attack' hitmaker admits that while she...
Read more on Celebrity Balla
 
Indian American scientist develops path to brighter LCD displays
Washington, Nov 24 (IANS) Researchers led by an Indian-American have developed a polarising filter that can result in mobile device displays that last much longer on a single battery charge and cameras that can shoot...
Read more on Politics Balla
 
Kohl's Black Friday Sale launched Online
The Kohl's Black Friday 2014 sale starts at 6pm on Thanksgiving Day in stores, but has launched now on kohls.com. Kohl's offers again the popular $15 Kohl's Cash on every $50 spent in this year's Black Friday sale. This...
Read more on Black Friday Countdown
 
Brenton Thwaites for Pirates of the Caribbean: Dead Men Tell No Tales
Brenton Thwaites will star in 'Pirates of the Caribbean: Dead Men Tell No Tales'. The star will play the role of British soldier Henry, beating fellow actors such as Ansel Elgort of 'The Fault In Our Stars' and George...
Read more on Movie Balla
 
Josh Hutcherson 'moves on' from young adult movies
Josh Hutcherson wants to ''move on'' from young adult films like 'The Hunger Games'. The 22-year-old actor - who has starred in four films based on the dystopian 'Hunger Games' novels since 2011 - plans to explore other...
Read more on Movie Balla
 
33 IS militants killed in Iraq's Mosul, two towns retaken (Roundup)
Baghadad, Nov 24 (IANS) At least 33 militants of the Islamic State (IS) died Monday in the Iraqi city of Mosul and the surrounding area, including a leader who was responsible for the sale of kidnapped Yazidi women,...
Read more on Politics Balla
 
Jailbreak in Argentina, 32 inmates escape
Buenos Aires, Nov 24 (IANS/EFE) Thirty-two inmates escaped over the weekend from a police jail in Rosario, a city in central Argentina, police said Monday. The inmates broke out of the jail Sunday by threatening the...
Read more on Politics Balla