Australia's Federal Police have charged four suspects involved in a scheme that allegedly laundered AU$190 million through a security company's cash transport unit. The company mixed legitimate funds with money suspected to be from criminal activities. Additionally, the Asia Pacific Network Information Center has restructured its internal teams to eliminate inefficiencies caused by previous departmental silos, allowing for more collaborative efforts towards their strategic goals rather than adhering strictly to the organization's four traditional pillars of focus.
The Australian Federal Police charged four individuals in connection with a money-laundering scheme involving an armored cash transport unit of a security company.
The AFP alleges the security company channeled AU$190 million through multiple transactions, including a classic car dealership and cryptocurrency exchanges.
APNIC's director general announced the completion of an organizational realignment process to improve efficiencies, moving away from a siloed structure based on four 'pillars'.
Jia Rong Low stated that the restructuring aims to allow teams to collaborate across different strategic goals, focusing on overall effectiveness rather than departmental silos.
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