RIO DE JANEIRO — Brazilian prosecutors on Tuesday charged Aldemir Bendine, the former chief executive of state-controlled oil firm Petroleo Brasileiro SA, with corruption, alleging he used his position to take bribes from construction firm Odebrecht.

Lawyers Maurice Blackburn and litigation funder IMF Bentham have announced a potential class action on behalf of Commonwealth Bank shareholders over a share price drop caused by allegations related to money laundering.

They say CBA’s 800,000 shareholders suffered significant losses after a landmark lawsuit was launched against the bank this month alleging systemic violations of money-laundering laws, which culminated in an Australian federal police raid.

Two former executives of a foreign defense contractor were sentenced Friday for their part in a multi-million dollar bribery scandal that rocked the US Navy.

Neil Peterson, 39, and Linda Raja, 44, were chief deputies for Singapore-based Glenn Defense Marine Asia (GDMA) which supplied fuel, food and other services to Navy ships in Asian ports but won their bids thanks to bribery and fraud.

One of the world’s wealthiest men has been detained after appearing in court in Israel during a police investigation into allegations of fraud, forgery and money laundering.

Beny Steinmetz was remanded for four days after being detained and questioned along with five other prominent businessmen who are also under investigation.

Short sellers are increasingly targeting Hong Kong-listed Chinese companies they allege have committed accounting tricks, market manipulation and fraud.

And that is despite mounting hostility faced by investors who bet against stocks.

The Commonwealth Bank has axed senior executive bonuses in response to a scandal around money laundering and a lawsuit by Australia’s financial intelligence agency.

Australia’s largest bank announced the cuts to bonuses and board pay ahead of its annual results presentation on Wednesday, amid calls for repercussions in senior ranks over claims of “serious and systemic” violations of laws to combat funding for terrorism and crime syndicates.

Samsung Electronics Vice Chairman Jay Y. Lee fought back tears and denied wrongdoing on Monday as prosecutors sought a 12-year jail term on charges that include bribing the former president to help cement control of the South Korean tech giant.

The European anti-fraud office investigating whether Volkswagen used EU funds and European Investment Bank (EIB) loans to develop devices that cheated emission tests has sent its judicial recommendations to German prosecutors.

VW was plunged into the biggest business crisis in its 80-year history when the cheating scandal was exposed in September 2015. It has cost the company more than $25 billion in fines, compensation and vehicle refits.

The Serious Fraud Office has launched an investigation into suspicions of corruption at British American Tobacco and its subsidiaries.

The maker of cigarette brands including Dunhill and Lucky Strike said in a statement that it intends to cooperate with the investigation. It did not provide any further details.

Lloyds bank workers who helped a gang of fraudsters to steal millions of pounds from rich customers using a string of impersonators have been jailed.

Bank workers Courtney Ayinbode, 29, Tajinder Galsinh, 35, Molly Jones, 24, and Benjamin Omoregie, 26, were all involved in the “high-level and sophisticated” scam.