Tuesday, July 22, 2025
News Wave
No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
Login
News Wave
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
Login
No Result
View All Result
Login
News Wave
No Result
View All Result
Home World

Swiss wealth manager Lombard Odier indicted on money laundering charges

29 November 2024
in World
0
Swiss wealth manager Lombard Odier indicted on money laundering charges
Share on FacebookShare on Twitter
How does this make you feel?



Lombard Odier, one of Switzerland’s oldest private banks, was indicted by Swiss prosecutors for aggravated money laundering, with allegations of helping conceal criminal proceeds of Gulnara Karimova, daughter of Uzbekistan’s former president. The bank, founded in 1796, denies the charges and plans to vigorously defend itself, attributing the case to its proactive reporting of suspicions to Swiss authorities. Karimova, currently serving a jail sentence in Uzbekistan, was indicted in 2023 for laundering money in Switzerland between 2005 and 2012.

Full Article

🪄 Creating a simple explanation...

Tags: Banksbusiness newschargescorruptionindictedIslam KarimovlaunderingLombardmanagermoneyMoney launderingOdierSecurities fraudSwissSwitzerlandUzbekistanwealth
Previous Post

PM Modi targets Opposition, accuses them of spreading lies and conspiring for power

Next Post

A rising U.S. dollar could cause trouble for stock-market bulls

Related Posts

Venus Williams becomes second-oldest woman to win tour-level tennis match at 45 years old
USA

Venus Williams becomes second-oldest woman to win tour-level tennis match at 45 years old

by My News Wave
22 July 2025
0

At age 45, Venus Williams became the second-oldest woman to win a tour-level singles match, defeating 22-year-old Peyton Stearns 6-3, 6-4 at the DC Open, marking her first singles victory in nearly two years. Supported by an enthusiastic crowd, Williams showcased her powerful serve and skills, advancing to face No. 5 seed Magdalena Frech in the next round. Want More Context? 🔎

Read more
Columbia University suspends, expels nearly 80 students over Gaza protests | Israel-Palestine conflict News
World

Columbia University suspends, expels nearly 80 students over Gaza protests | Israel-Palestine conflict News

by My News Wave
22 July 2025
0

Columbia University has expelled or suspended nearly 80 students for participating in antiwar protests related to Israel’s actions in Gaza, including disruptions during the May 2025 reading period and a 2024 encampment. The university's harsh sanctions have drawn criticism from activist groups and occurred amid ongoing negotiations over federal funding linked to campus safety for Jewish students. Want More Context? 🔎

Read more
More than 100 aid, rights groups call for action as hunger spreads in Gaza
Middle East

More than 100 aid, rights groups call for action as hunger spreads in Gaza

by My News Wave
22 July 2025
0

Over 100 aid and rights organizations have urged governments to demand an immediate ceasefire and the lifting of restrictions on humanitarian aid in Gaza, where mass starvation is reported amid blocked supplies. They emphasize that Israeli restrictions have led to chaos and death, as aid workers face dire conditions, with calls for a principled UN-led response and measures to end the siege. Want More Context? 🔎

Read more
Wife of asylum-seeker speaks on detention center’s conditions: “He did not deserve any of this”
USA

Wife of asylum-seeker speaks on detention center’s conditions: “He did not deserve any of this”

by My News Wave
22 July 2025
0

Video footage released by the New York Immigration Coalition reveals troubling conditions in New York City's federal immigration holding cells, where detainees, including Joan Paul Alcivar De La Cruz, face overcrowding, limited food, and inadequate medical care. His wife, Samara, expresses concern for his safety amid reports of mistreatment, highlighting the emotional toll of his detention and her miscarriage attributed to the stress. Want More Context? 🔎

Read more
How the gentrification crisis is hitting Mexico City | Housing News
World

How the gentrification crisis is hitting Mexico City | Housing News

by My News Wave
22 July 2025
0

Mexico City is experiencing a surge of foreign renters, particularly digital nomads, which is driving up housing costs, displacing local residents, and altering the city's cultural landscape, sparking increased protests. This situation reflects a broader global trend of gentrification, highlighting the challenges faced by urban areas worldwide. Want More Context? 🔎

Read more
A look back at the outback murder that shook Australia
Australia

A look back at the outback murder that shook Australia

by My News Wave
22 July 2025
0

The 2001 disappearance of British backpacker Peter Falconio in the Australian outback captured global attention after his girlfriend, Joanne Lees, escaped from the ambush. Bradley Murdoch was convicted of Falconio's murder in 2005 but never disclosed the location of his remains; he maintained his innocence until his death. Want More Context? 🔎

Read more
News Wave

News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Entertainment
  • Europe
  • India
  • Middle East
  • New Zealand
  • Sports
  • Technology
  • UK
  • USA
  • World

LATEST NEWS STORIES

  • US Olympic policy change bans transgender women in women's events
  • Venus Williams becomes second-oldest woman to win tour-level tennis match at 45 years old
  • Columbia University suspends, expels nearly 80 students over Gaza protests | Israel-Palestine conflict News
  • About Us
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In