April 2016

Since the Panama Papers leaks, Pakistani Prime Minister Nawaz Sharif has twice addressed the nation. In his first address, the prime minister’s tone was defensive, as he insisted he was guilty of no legal wrongdoing. In his second speech, by contrast, his body language was aggressive as he called on the incumbent chief justice to […]

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A huge leak of confidential documents has revealed how the rich and powerful use tax havens to hide their wealth. Eleven million documents were leaked from one of the world’s most secretive companies, Panamanian law firm Mossack Fonseca. They show how Mossack Fonseca has helped clients launder money, dodge sanctions and avoid tax. The company […]

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(TRUNEWS) The group of journalists who released the illegally obtained documents infamously entitled ‘The Panama Papers’, have promised a second release of documents next month. The International Consortium of Investigative Journalists will release on May 9 a searchable database with information on more than 200,000 offshore entities that are part of the Panama Papers investigation. […]

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Moscow, Apr 29 :  Moscow will join the global battle against tax evasion and other illicit activities by signing up to an international scheme to stamp out fiscal cheating, Russia’s finance minister said today. It follows in the wake of the “Panama papers” scandal which shined a light on the vast offshore holdings of individuals […]

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<!– Social media Button BEGIN Tweet –> <!– Original Tweet Button data-via=’utknightcenter’ Tweet –> While journalists in Ecuador who were part of the global journalistic investigation known as the Panama Papers are facing a “campaign of harassment” led by the country’s President Rafael Correa and his followers, in Peru and Panama, the most adverse reactions […]

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By Samuel Rubenfeld CONNECT Agence France-Presse/Getty Images A daily roundup of corruption news from across the Web. We also provide a daily roundup of important risk compliance stories via our daily newsletter, The Morning Risk Report, which readers can sign up for here. Follow us on Twitter at @WSJRisk. Bribery: As the Supreme Court considers the appeal […]

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REUTERS/Denis BalibouseA truck dumps five cent coins in the centre of the Federal Square during a an event organised by the Committee for the initiative “CHF 2,500 monthly for everyone” (Grundeinkommen) in Bern October 4, 2013. The International Consortium of Investigative Journalists is about to unleash a huge data dump about how some of the […]

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ISLAMABAD (Web Desk, Dunya News) – International Consortium of Investigative Journalists (ICIJ) on Wednesday admitted that Prime Minister (PM) Nawaz Sharif’s name was erroneously added in the Panama Papers, reported Dunya News. ICIJ has removed the Prime Minister’s name from the Panama Papers and has further clarified that PM Nawaz does not operate any offshore […]

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Investors in mutual funds in India were recently asked to sign declarations relating to Fatca, the Foreign Account Tax Compliance Act of the US. This Act is one indication of how tax authorities in most countries are trying to tighten tax collection, from both individuals and companies. Fatca predates the recent publication of the so-called […]

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