Two men convicted of illegally selling arms and military equipment to countries in Africa and the Middle East were sentenced to a combined 32 years in prison on Wednesday, according to HM Revenue and Customs.
Two men convicted of illegally selling arms and military equipment to countries in Africa and the Middle East were sentenced to a combined 32 years in prison on Wednesday, according to HM Revenue and Customs.
The architect of a "boiler-room" investment fraud scheme which took more than £1 million ($1.3 million) from investors was sentenced to more than five years in prison by a London judge Wednesday.
An Italian engineering company persuaded a London judge Wednesday to discharge a four-year-old injunction designed to protect €212 million ($242 million) in bond payments sought by a EuroChem subsidiary, after Russia-related sanctions rulings effectively blocked the payouts.
Auditors for Arena Television have denied liability for losses of almost £225 million ($298 million) stemming from a "pervasive fraud" allegedly perpetrated by the collapsed company's directors, saying the fraudulent activity was concealed from them.
Tech entrepreneur Oussama Ammar has been found guilty of contempt of court after he repeatedly breached asset freezing orders and lied in sworn statements.
Britain's accounting watchdog has revised two of its standards on using the work of an external expert in the audit process, aligning them Wednesday with changes made by an international standard-setter.
