Financial Transparency Coalition

A British member of the European Parliament has been charged with false accounting and money laundering, the prosecutors' office said.

A Member of the European Parliament and his assistant have both been charged with false accounting and money laundering after an investigation into claims that they misused thousands of pounds of expenses.

A businessman, attending the first day of his corruption trial at the Sessions Court here yesterday, was slapped with two additional charges of money-laundering.

Finance Minister Paula Cox signed tax information-sharing agreements with eight countries yesterday — and then said Bermuda's inclusion on the OECD's tax transparency "grey list" was "misleading".