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Eduard Seidel
Eduard Seidel is a German businessman who worked for Siemens in Nigeria until 2005. Colleagues referred to him as the king of Nigeria. In 2008, he was convicted in the "biggest bribe scandal in German history" with a one-year suspended prison sentence. As of 2022, prosecutors were unaware of Seidel's shell companies and Credit Suisse accounts holding more than 54.5 million Swiss francs. Career Seidel spent almost his entire career at Siemens. In 1985, he took over its communications division. He said his predecessor taught him how to win contracts with Nigeria's state-owned telecommunications company NITEL with bribes, a practice which until 1999 was legal in Germany. Colleagues referred to him as the king of Nigeria. In 2005, Seidel stepped down. Before he left Siemens in 2004, he had earned 300.000 Euros per year. In 2006, German authorities raided the Siemens headquarters and Seidel confessed his role in the bribery scheme. In 2007 his name was entered on World-Check. In 200 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Siemens
Siemens AG ( ) is a German multinational technology conglomerate. It is focused on industrial automation, building automation, rail transport and health technology. Siemens is the largest engineering company in Europe, and holds the position of global market leader in industrial automation and industrial software. The origins of the conglomerate can be traced back to 1847 to the ''Telegraphen Bau-Anstalt von Siemens & Halske'' established in Berlin by Werner von Siemens and Johann Georg Halske. In 1966, the present-day corporation emerged from the merger of three companies: Siemens & Halske, Siemens-Schuckert, and Siemens-Reiniger-Werke. Today headquartered in Munich and Berlin, Siemens and its subsidiaries employ approximately 320,000 people worldwide and reported a global revenue of around €78 billion in 2023. The company is a component of the DAX and Euro Stoxx 50 stock market indices. As of December 2023, Siemens is the second largest German company by market ca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shell Company
A shell corporation is a company or corporation with no significant assets or operations often formed to obtain financing before beginning business. Shell companies were primarily vehicles for lawfully hiding the identity of their beneficial owners, and this is still the defining feature of shell companies due to the loopholes in the global corporate transparency initiatives. It may hold passive investments or be the registered owner of assets, such as intellectual property, or ships. Shell companies may be registered to the address of a company that provides a service setting up shell companies, and which may act as the agent for receipt of legal correspondence (such as an accountant or lawyer). The company may serve as a vehicle for business transactions without itself having any significant assets or operations. Shell companies are used for legitimate purposes but can be used for tax evasion, tax avoidance, money laundering, to dodge current or future lawsuits or to achie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Suisse
Credit Suisse Group AG (, ) was a global Investment banking, investment bank and financial services firm founded and based in Switzerland. According to UBS, eventually Credit Suisse was to be fully integrated into UBS. While the integration was yet to be completed, both banks are operating separately. However, on May 31, 2024, it was announced that Credit Suisse ceased to exist. Headquartered in Zürich, as a standalone firm, it maintained offices in all major financial centres around the world and provided services in investment banking, private banking, asset management, and shared services. It was known for strict Bank secrecy, bank–client confidentiality and Banking in Switzerland, banking secrecy. The Financial Stability Board considered it to be a Systemically important financial institution, global systemically important bank. Credit Suisse was also a primary dealer and Forex counterparty of the Federal Reserve in the United States. Credit Suisse was founded in 185 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World-Check
World-Check is a database of politically exposed persons (PEPs) and 'heightened risk' individuals and organizations. World Check formed part of the Thomson Reuters Risk Management Solutions suite before being transferred to Refinitiv after a merger deal with The Blackstone Group in October 2018. History World-Check was founded in 2000 by David Leppan and registered in London. In 2008, World-Check launched Country-Check, an index which ranks over 240 countries and territories worldwide in terms of risk. In 2009, World-Check acquired IntegraScreen. In 2011, World-Check received independent assurance under the International Standard on Assurance Engagements ISAE 3000. Also in 2011, Thomson Reuters acquired World-Check for their governance, risk management, and compliance unit. In October 2018, Thomson Reuters closed a deal with The Blackstone Group and, as a result of this merger, World-Check is owned by Refinitiv. Partnerships World-Check is used by several financial firms, s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic And Financial Crimes Commission
The Economic and Financial Crimes Commission (EFCC) is a Nigerian law enforcement and anti-graft agency that investigates financial crimes and unknown transactions such as advance fee fraud (419 fraud) and money laundering. The EFCC was established in 2003, partially in response to pressure from the Financial Action Task Force on Money Laundering (FATF), which named Nigeria as one of 23 countries non-cooperative in the international community's efforts to fight money laundering. The agency has its head office in Abuja, Nigeria. The EFCC was also set up to fight against corruption and protect the country from economic saboteurs. History The Economic and Financial Crimes Commission (EFCC) was established on December 12, 2002, by President Olusegun Obasanjo's administration to combat financial crimes and money laundering. The commission's creation was partly in response to pressure from the Financial Action Task Force (FATF) on Money Laundering, which had ranked Nigeria as one o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Palm Jumeirah
The Palm Jumeirah is an archipelago of artificial islands on the Persian Gulf in Jumeirah, Dubai, United Arab Emirates. It is part of a larger series of developments called the Palm Islands, including Palm Jebel Ali and the Dubai Islands, which, when completed, will together increase Dubai's shoreline by a total of . It has a population of over 25,000 as of 2022. The islands were created using land reclamation. As the name implies, they were created to resemble a palm tree and are roughly divided into three areas: "trunk", "fronds", and "outer crescent". The trunk is a mixed commercial and residential area, the fronds are reserved for residential homes and villas, while the outer crescent is used for luxury and upscale resorts. The Palm Jumeirah construction was done by a Dutch specialist dredging company, Van Oord. The same company also created The World. Construction Construction of The Palm Jumeirah Dubai island began in June 2001 and the developers announced handove ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pandora Papers
The Pandora Papers are 11.9 million leaked documents with 2.9 terabytes of data that the International Consortium of Investigative Journalists (ICIJ) published beginning on 3 October 2021. The leak exposed the secret offshore accounts of 35 world leaders, including current and former presidents, prime ministers, and heads of state as well as more than 100 business leaders, billionaires, and celebrities. The news organizations of the ICIJ described the document leak as their most expansive exposé of financial secrecy yet, containing documents, images, emails and spreadsheets from 14 financial service companies, in nations including Panama, Switzerland and the United Arab Emirates. The size of the leak surpassed their previous release of the Panama Papers in 2016, which had 11.5 million confidential documents and 2.6 terabytes of data. The ICIJ said it is not identifying its source for the documents. The ICIJ estimates that the total global amount of money held offshore (outs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Living People
Purpose: Because living persons may suffer personal harm from inappropriate information, we should watch their articles carefully. By adding an article to this category, it marks them with a notice about sources whenever someone tries to edit them, to remind them of WP:BLP (biographies of living persons) policy that these articles must maintain a neutral point of view, maintain factual accuracy, and be properly sourced. Recent changes to these articles are listed on Special:RecentChangesLinked/Living people. Organization: This category should not be sub-categorized. Entries are generally sorted by family name In many societies, a surname, family name, or last name is the mostly hereditary portion of one's personal name that indicates one's family. It is typically combined with a given name to form the full name of a person, although several give .... Maintenance: Individuals of advanced age (over 90), for whom there has been no new documentation in the last ten ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
German White-collar Criminals
German(s) may refer to: * Germany, the country of the Germans and German things **Germania (Roman era) * Germans, citizens of Germany, people of German ancestry, or native speakers of the German language ** For citizenship in Germany, see also German nationality law **Germanic peoples (Roman era) *German diaspora * German language * German cuisine, traditional foods of Germany People * German (given name) * German (surname) * Germán, a Spanish name Places * German (parish), Isle of Man * German, Albania, or Gërmej * German, Bulgaria * German, Iran * German, North Macedonia * German, New York, U.S. * Agios Germanos, Greece Other uses * German (mythology), a South Slavic mythological being * Germans (band), a Canadian rock band * "German" (song), a 2019 song by No Money Enterprise * ''The German'', a 2008 short film * "The Germans", an episode of ''Fawlty Towers'' * ''The German'', a nickname for Congolese rebel André Kisase Ngandu See also * Germanic (disambiguat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Year Of Birth Missing (living People)
A year is a unit of time based on how long it takes the Earth to orbit the Sun. In scientific use, the tropical year (approximately 365 solar days, 5 hours, 48 minutes, 45 seconds) and the sidereal year (about 20 minutes longer) are more exact. The modern calendar year, as reckoned according to the Gregorian calendar, approximates the tropical year by using a system of leap years. The term 'year' is also used to indicate other periods of roughly similar duration, such as the lunar year (a roughly 354-day cycle of twelve of the Moon's phasessee lunar calendar), as well as periods loosely associated with the calendar or astronomical year, such as the seasonal year, the fiscal year, the academic year, etc. Due to the Earth's axial tilt, the course of a year sees the passing of the seasons, marked by changes in weather, the hours of daylight, and, consequently, vegetation and soil fertility. In temperate and subpolar regions around the planet, four seasons a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
