Kim Jong-il has $4 bn in European banks: Report
North Korean dictator Kim Jong-il has a USD 4 billion "emergency fund" hidden in secret accounts in European banks, a media report said.

Tighten regulation to curb money laundering: US to India
The US has appreciated the legislation undertaken by Indian government to check money laundering cases, and asked it to extend this regulation into fields like real estate and accountancy.

Vatican bank accused of money laundering: Report
The Vatican bank is under investigation for suspected money laundering via accounts held at one of Italy`s largest banks, the UniCredit Group, according to the Italian investigative weekly Panorama.

RBI asks money changers to report suspicious deals in 7 days
To prevent money laundering, the Reserve Bank on Thursday asked money changers to furnish report of all suspicious transactions within seven days to the financial intelligence unit-India (FIU-IND).

Will quit politics if charges are proved: Madhu Koda
Madhu Koda said he would quit politics if money laundering charges against him were proved.

ACC files charges against Khaleda`s son for money laundering
Bangladesh`s top anti-graft body has filed a chargesheet against ex-premier Khaleda Zia`s younger son Arafat Rahman Koko for allegedly siphoning off 28.84 lakh Singaporean dollars and USD 9.32 lakh out of the country.

2010 games: BJP accuses Govt of money laundering
BJP leader Vijay Goel on Sunday alleged that Delhi government and the organising committee of 2010 Commonwealth Games were indulged in money laundering in the name of preparation for the international sports event.

Koda denies money laundering charge, blames opponents
Former Jharkhand CM Madhu Koda on Saturday denied charges of money laundering, diversion of state funds and making illegal investments and termed the case as an attempt by his "political opponents" to tarnish his image.

IRDA tightens anti-money laundering norms for insurance cos
Insurance regulator IRDA on Tuesday tightened the anti-money laundering guidelines by asking the insurance companies to ensure that no policies are issued to persons with fictitious names.

Zia`s son challenges money laundering case against him
Bangladesh opposition leader Khaleda Zia`s son Arafat Rahman Koko has petitioned the High Court challenging his trial in a money laundering case, asking it to quash the `politically motivated` proceedings.