Two years after the Panama Papers brought to fore alleged hidden offshore accounts of the world’s wealthy, the income-tax department has issued notices to many in India for not disclosing all their foreign assets as well as interest and income earned through such assets. Notices were issued following an investigation by the taxmen and the […]

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Pakistan Tehreek-e-Insaf (PTI) government has revealed that 294 Pakistanis out of 444 who have been named in the Panama Papers leak have been sent notices. The information came from Federal Minister for Finance Asad Umar who said that authorities could not trace 150 people involved in the leak while four had given up their Pakistani nationalities […]

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By Todd Buell · November 14, 2018, 1:50 PM EST Cooperation among European Union member states to combat money laundering is “shockingly inadequate” and needs to be centralized, a key member of the European Parliament said Wednesday. The remarks from a… … read more at: https://www.law360.com/tax-authority/articles/1101699/eu-lawmaker-calls-for-centralized-attack-on-money-laundering

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MUMBAI: Two years after the Panama Papers brought to fore alleged hidden offshore accounts of the world’s wealthy, the income-tax department has issued notices to many in India for not disclosing all their foreign assets as well as interest and income earned through such assets. Notices were issued following an investigation by the taxmen and […]

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A probe into the procurement of Rafale fighter jets from France would throw up names of Prime Minister Narendra Modi and Anil Ambani, Congress president Rahul Gandhi said Wednesday. Addressing a campaign rally here for the second phase of Assembly polls, Gandhi also claimed the NDA government bought the planes at Rs 1,600 crore a […]

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On November 5, the Australia-based website States Times Review (STR) published an article entitled “Lee Hsien Loong becomes 1MDB’s key investigation target”, an eye-catching headline that appeared to implicate Singapore’s national leader in financial fraud. That is, the article alleged that it wasn’t just former Malaysian Prime Minister Najib Razak who was reputedly involved in […]

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Internews/Islamabad The Senate has been informed that the way for the Pakistan Tehreek-e-Insaf (PTI) government to implement its reforms agenda is clear now that the short- and medium-term balance of payments crisis had been averted.Winding up discussion on the terms and conditions of the foreign loans obtained or being obtained, Minister of State for Finance […]

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German authorities have been requested to investigate bribery in commercial business transactions in relation to Siemens’ involvement in bribery allegations relating to the company 17 Black, which emails have shown promised kickbacks to top government officials. Siemens is a shareholder in Electrogas – the company behind Malta’s power station project. Electrogas director and chief executive […]

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Amy Wilson-Chapman Now for something a bit different… in celebration of it being one year since we released the Paradise Papers. It’s not every day a poem is written about a global investigation. So when we learned that University of British Columbia professor Philip Resnick had penned one about the Paradise Papers, we had to […]

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WikiLeaks shone a light on the duplicity of US foreign policy. The Panama Papers laid bare the network of offshore banking, tax havens and legal loopholes that allows the global super-rich, political dynasties in authoritarian states and organised crime to (the bounds of all three being pretty fluid) hide their capital. But it may just […]

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WikiLeaks shone a light on the duplicity of US foreign policy. The Panama Papers laid bare the network of offshore banking, tax havens and legal loopholes that allows the global super-rich, political dynasties in authoritarian states and organised crime to (the bounds of all three being pretty fluid) hide their capital. But it may just […]

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A heated Parliamentary debate yesterday saw Opposition MPs call for action against Tourism Minister Konrad Mizzi and OPM Chief of Staff Keith Schembri, over the 17 Black revelations. Opposition Leader Adrian Delia filed a motion for the latest revelations to be urgently debated in Parliament, given that they are of national importance to the public. […]

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The European Commission has reprimanded Luxembourg once again for delays in transposing European anti-money laundering rules into its legislation. EURACTIV France reports. The European Commission accused the Grand Duchy of not having completely implemented the anti-money laundering rules laid down by the fourth directive. This impasse drove the Commission to refer Luxembourg to the Court […]

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Panjim, Nov 12 (TGS) Union Minister of State (I/C), Ministry of AYUSH Shripad Naik said that, Yoga is basically focus to change the lifestyle. So, the lifestyle related disorders are easily prevented and managed. Experts of Yoga see daily practice as beneficial in itself, leading to improved health, emotional well-being, mental clarity and joy in […]

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Portugese Socialist MEP Ana Gomes took to Twitter to ask when the SD group in the European Parliament and the Party of European Socialists (of which PL is part) would be distancing itself from what she referred to as “the corrupt criminals running Malta” referring to the Maltese Government. Gomes proceeded to add a link […]

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