Experts have told Insider that using Hawala does not necessarily suggest illicit transactions. But oligarchs know of this system – based on trust – as this is how Putin operates, one expert says.

Drug cartel money-laundering indictment is first major effort against <i>hawala</i> tactics By Joel Rubin Staff Writer Oct. 2, 2015 10:04 PM PT ...

Gujarat police are investigating alleged hawala transactions linked to AAP candidate Ajay Vastani and two party workers in Godhra. The trio is accused of transferring over Rs 50 lakh through illegal ...

Police on Monday claimed to have uncovered an interstate hawala-linked political funding network allegedly involving Aam Aadmi Party AAP functionaries with Rs 1.25 crore routed from Delhi to Surat ...

Police in Gujarat's Panchmahal district are investigating an Aam Aadmi Party candidate and two party workers for alleged ...

Law enforcement sources tell CBS News that investigators have determined that Times Square bomb suspect Faisal Shahzad used the "hawala" system in plotting the attack, concealing the movement of money ...

(CN) - A federal judge in Manhattan found a businessman guilty of violating the Iran Trade Embargo for transferring $300,000 in ill-gotten gains to Iran through an underground banking system trusted ...

The Federal Investigation Agency has recovered Rs. 2 billion from illegal hawala and hundi networks linked to Europe and Gulf ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. An ancient and sophisticated anonymous banking practice is facilitating ...

In recent years, international law enforcement agencies have uncovered various mechanisms that facilitate the movement of money in support of terrorism. The hawala network, translated from Arabic to ...

According to the Enfrocement Directorate, I-PAC received payments in two tranches: one portion via banking channels ...

The use of the informal Hawala payment system by oligarchs could be seen as a desperate move. Experts have told Insider that using Hawala does not necessarily suggest illicit transactions. But ...