June 2016

CHITRAL – Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Thursday said that the accountability of Prime Minister Nawaz Sharif was necessary for eliminating corruption from the country.   Speaking to media persons after a ceremony was held for cheque distribution of royalty income received from Markhor hunting, during his visit to Chitral, he claimed that Nawaz […]

CHITRAL (Web Desk) – Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Thursday stated that Prime Minister Nawaz Sharif is in London because he cannot handle pressure after Panama Papers revelations. Speaking exclusively to Dunya News during his visit to Chitral, Imran Khan claimed that Nawaz Sharif’s assets abroad prove that he is involved in corruption […]

CARACAS – The attorney general of Venezuela has announced an unprecedented joint investigation with their Panamanian counterparts to probe individuals suspected of wrongdoing after their names surfaced in the Panama Papers. Luisa Ortega Díaz, Venezuela’s attorney general since 2007, shared news of the partnership in a television interview on Sunday. “I sent a letter to […]

Labelled one of the biggest leaks of data in the history of journalism, the Panama Papers offer a rare insight into how some of the world’s wealthiest and most powerful individuals use offshore corporate structures and vehicles to allegedly hide assets and avoid taxes. As the revelations place tax avoidance and transparency in the financial […]

Lanús mayor and former City Finance minister named in connection with Panama Papers In a move that could send further shockwaves through the political world, Lanús Mayor and former Buenos Aires City Finance minister Néstor Grindetti was charged with embezzlement yesterday in connection with the so-called Panamá Papers document leak earlier this year. Grindetti repeatedly […]

Venezuela Attorney General Luisa Ortega Díaz on Televen By Simon Bouvier CARACAS, Venezuela (ICIJ) — The attorney general of Venezuela has announced an unprecedented joint investigation with their Panamanian counterparts to probe individuals suspected of wrongdoing after their names surfaced in the Panama Papers. Luisa Ortega Díaz, Venezuela’s attorney general since 2007, shared news of […]

Two ex- PricewaterhouseCoopers staffers were found guilty in Luxembourg of stealing confidential tax files that helped unleash a global scandal over generous fiscal deals for hundreds of international companies. Antoine Deltour and Raphael Halet face suspended sentences of 12 months and 9 months and were ordered to pay fines of €1,500 (£1,230) and  €1,000 (£822) for their […]

Three local banks have distanced themselves from law firm Mossack Fonseca after revelations from the Panama Papers leak. E-mails and documents from the Panama Papers show that Mossack Fonseca liked doing business with Sparkasse Bank, Mediterranean Bank and Bank of Valletta, which were recommended to clients wanting to open accounts in Malta. The firm would […]

Fittingly, perhaps, for the inhabitants of a large country, the Argentines do not do things by half-measures. When its Presidents are corrupt, they tend to be brazenly so. “Descarados” is the apt Spanish term; Britons of a certain age would have called them “bounders.” The most descarado of Argentina’s bounders, in modern times, was probably […]

There has been a lot of commentary about the British decision to leave the European Union and its implications for Donald Trump and the American presidential race. Trump was at his golf course in Turnberry, Scotland, the day after the vote. He was enthusiastic about Brexit and claimed it was a model for the American […]

Information requests forming part of an investigation into Argentine President Mauricio Macri’s financial activities revealed in the Panama Papers leak may be delayed, according to reports from the Buenos Aires Herald on Tuesday. RELATED: 18% Approval Drop in 8 Months for Argentine President Macri Information requests were issued by Judge Sebastian Casanello to both Panama […]

Police are seen outside the Mossack-Fonseca law firm offices in Panama City during a raid April 12, 2016. Police raided firm whose leaked Panama Papers revealed how the world’s wealthy and powerful used offshore companies to stash assets.(Photo: Ed Grimaldo, AFP/Getty Images) PANAMA CITY — The sting from the global outcry over the Panama Papers had […]