All Andorra news / Business and Economy

Four European casino companies have filed lawsuit against the government of Andorra for favouring Jocs SA in a recent controversial casino licensing process

Four European casino companies have filed lawsuit against the government of Andorra for favouring Jocs SA in a recent controversial casino licensing process.

Jocs SA, a regional company, had won the bidding process for a casino in Andorra la Vella after a controversial bidding process. All the companies that lost out raised their voice against the …

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All Andorra news / Lawsuits

The Government of Andorra supports the Minister of Finance Jordi Cinca in response to a lawsuit from the lawyer of ex-president of Orfund group

The Government of Andorra supports the Minister of Finance of Andorra Jordi Cinca in response to a lawsuit (to Tribunal de Corts) from the lawyer of ex-president of the Orfund group Joan Samarra Naudi.

The lawsuit was filed in November last year for unfair competition, theft and money laundering, allegedly committed by Jordi Cinca 16 years ago, …

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All Andorra news / Business and Economy

Andorran authorities appointed two external directors in Banca Privada d’Andorra for carrying out investigation in response to official charge from the U.S. Treasury of money laundering received by BPA from russian criminals

The national institute of finance of Andorra (INAF) appointed two external managing directors in one of five banks of Andorra – Banca Privada d’Andorra (BPA) for carrying out internal investigation in response to official charge from the U.S. Treasury Department of money laundering received by BPA from russian criminal groups. As they say in the …

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Financial Intelligence Department of Andorra: after a new law “On Investments” was adopted in 2012, 26 out of 802 of analyzed requests were put to “black” list

The Financial Intelligence Department (FID) of Andorra has published a report on the results of its activity in 2013. Particularly, the FID notes 141% growth of the amount of requests—from 305 in 2012 up to 802 in 2013. In accordance to the preliminary data of 2014, this index may increase twice. This is, first of …

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All Andorra news / Society

According to the World Bank, Andorra is one of top five OECD members in accordance to “political stability” and “the absence of criminal” criteria

In accordance to the World Bank report the year of 2013 showed that among 34 OECD members (Organization for Economic Cooperation and Development) Andorra takes 5th position  in accordance to “political stability” and “the absence of criminal” criteria. Thus, Andorra gives way only to New Zealand (1,45 index), Switzerland (1,37), France and Finland (with the same …

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All Andorra news / Politics

Trade unions intend to open a criminal case against the Prime Minister of Andorra Antoni Marti and the Minister for Finances Jordi Cinca because of the pensionary reform, being prepared in the Government

Trade unions intend to open a criminal case against the Prime Minister of Andorra Antoni Marti  and the Minister for Finances Jordi Cinca because of the pensionary reform, being prepared in the Government. The representative of the Trade Union Platform of Andorran Employees John Torra explained that legal actions were triggered by the “electoral fraud”—the …

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All Andorra news / Society

In Andorra in the bank accounts of the former President of Catalonia Jordi Pujol could be kept more than 500 million euro, claims the Spanish police

The former president of Catalonia, Jordi Pujol i Soley, who chaired the Catalan Government for 23 consecutive years, is accused of illicit possession and laundering of public funds. According to some reports, the stolen sums are estimated to be about 1.5-1.8 billion euro; at that in the banks of Andorra his family could have the …

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