Laundering

Money laundering is the act of concealing the source of money acquired illegally. It is made possible by the use of complex concealment schemes through the use of tax havens and shell companies. Civil society, NGOs, whistleblowers and journalists regularly highlight the economic and social consequences of such practices. Indeed, they allow economic actors to hide the potentially fraudulent origin of their income or turnover (corruption, money laundering). In addition, opacity and arrangements are levers for ensuring impunity by exporting the harmful impacts of activities to less stringent jurisdictions.
Sherpa denounces and reports the failure of professionals to comply with their due diligence obligations in the fight against money laundering, as well as the systematic use of offshore arrangements to launder illicit funds and offences in France and in European Union Member States.

Complaint in France against BNP Paribas, Société Générale, Natixis, CIC and Rivage Investment for money laundering and concealment

-Press release-en, Front page, Laundering

Paris, October 05, 2020 – On September 30, 2020, Sherpa and the Daphne Caruana Galizia Foundation called on the National Financial...

Read More

Sherpa calls for an investigation into the involvement of a former high-ranking French official in a suspicious operation in Guinea

-Press release-en, Corruption and embezzlement, Laundering

Paris, 31 July 2020 – Sherpa has asked the national financial prosecutor’s office to open an investigation into...

Read More

“Ill-gotten gains”: Rifaat Al Assad, uncle of the Syrian president, convicted in France for laundering to the detriment of the Syrian people

-Press release-en, Corruption and embezzlement, Front page, Laundering, Tax evasion

Paris, 17 June 2020 – The Paris court sentenced Rifaat Al-Assad, uncle of Syrian ruler Bashar Al-Assad, to 4 years in prison in...

Read More

A missed opportunity : France’s return of Gulnara Karimova’s illegally acquired assets

-Press release-en, Advocacy, Corruption and embezzlement, Front page, Laundering

Paris, May the 20th, 2020 – The NGO’s Transparency International France (TI-F), Sherpa and the Human Rights Association in Central...

Read More

Feedbacks on the Rifaat Al Assad trial, a landmark step against ill-gotten gains

Corruption and embezzlement, Laundering, Sherpa in the media

Prosecution against Rifaat Al Assad started after a complaint filed by Sherpa in 2013 leading to a historic trial making the suppression of...

Read More

The Balkany scandal lifts the veil on offshore mecanisms unknown to the public

-Press release-en, Advocacy, Laundering, Laundering, Sherpa in the media, Tax evasion, Tax evasion

The Balkany trial must not hide the role played by bank and financial intermediaries in the proliferation of illicit financial flows,...

Read More

African money laundering: Sherpa files a complaint against a BNP Paribas subsidiary in Monaco

-Press release-en, Laundering, Strategic litigation

Paris, on 13 November 2013 On 12 November 2013, Sherpa filed a complaint against BNP Paribas Wealth Management in Monaco with the Public...

Read More
Close