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Citigroup Faces Criminal Probe over Fraud at Mexican Unit

After new information of a $400 million fraud, Citigroup is now facing a criminal investigation of its Mexican unit, Banamex. Citigroup, in February, went public about at least one Banamex employee that had processed fake documents. These fake documents assisted a Mexican oil services firm defraud the company. According to the New York Times, the U.S. attorney’s office in Manhattan as well as the FBI has opened up a criminal case against Citigroup. The case is investigating whether or not Citigroup had ignored warning signs up until this point. In addition, Citigroup is also dealing with another investigation from the federal prosecutors in Massachusetts. The prosecutors will be looking at the possible laundering of drug money from the Citigroup account. Citigroup has received two taxpayer bailouts, which was more than federal aid during the financial crisis than any other bank.

AP Photographer Shot Dead by Afghan Police Officer; Colleague Wounded

An Associated Press photographer was shot dead along with a colleague who was wounded by an Afghan police officer while in Afghanistan. Anja Niedringhaus, who was 48 years old, was shot and died instantly in the attack near the Pakistani border while her colleague, Associated Press reported Kelly Gannon, survived. It is believed that this is the first time an Afghan police officer has intentionally shot and killed a foreign journalist. The two journalists were traveling with election workers who were delivering ballots to Saturday’s presidential election. Anja Niedringhaus, a seasoned German photographer, served on a team that won the Pullitzer Prize in 2005 for photographing the Iraq war. Additionally, in 1999, Niedringhaus, was hit by a sniper’s bullet while working in Sarajevo, blown out of a car in Kosovo, and accidentally bombed by NATO in Albania with other journalists. One of her last projects portrayed women lawmakers in Afghanistan. Niedringhaus death follows that of Associated Press photographer Sardar Ahmad and Swedish radio journalists Nils Horner.

http://www.democracynow.org/2014/4/4/headlines

 

-Alyssa Abayari