June 2016

The EP president and political leaders have requested to establish a committee of inquiry to investigate alleged contraventions and maladministration in the application of Union law with respect to money laundering, tax avoidance and tax evasion by the Commission and public administrative bodies of member states, following the Panama papers leak. The inquiry will investigate […]

Deputy Chief Justice Kalpana Rawal at a past function in 2014. A Nairobi lawyer has threatened to sue her if she does not disclose details over her alleged links to a string of shell companies in tax haven British Virgin Islands. PHOTO: EVANS HABIL/NATION MEDIA GROUP Kalpana Rawal is in the headlines once again thanks […]

The European Parliament in Brussels is poised to approve the creation of a 65-member “inquiry committee” on Thursday to target the tax avoidance industry. Something to hide? Politicians rattled by tax transparency post-Panama The committee will have the mandate to investigate “alleged contraventions and maladministration in the application of Union law in relation to money […]

The Panamanian law firm shut three offices in Jersey, Gibraltar and the Isle of Man, while the future of its U.S. operations is in doubt. … read more at: https://www.thestar.com/news/world/2016/06/01/panama-papers-firm-mossack-fonseca-shutters-offices.html

The Panama Papers investigation is set to have a massive impact on world finance, prompting a clampdown on tax evasion, fraud, and corruption. But it also raises interesting questions about the way we process big data. The International Consortium of Investigative Journalists (ICIJ) just published a searchable database that reveals the names of more than […]

PANAMA CITY – The Panama Papers scandal promises to deepen around the world on Monday when a journalists’ group with access to the digital cache of documents is to put many of them online. The International Consortium of Investigative Journalists (ICIJ) is to release the documents in a searchable database at 1800 GMT on Monday […]

We have been experiencing some problems with subscriber log-ins and apologise for the inconvenience caused. Until we resolve the issues, subscribers need not log in to access ST Digital articles. But a log-in is still required for our PDFs. … read more at: http://www.straitstimes.com/business/companies-markets/panama-papers-iras-checking-for-unlawful-activity-of-singapore-taxpayers

George Osborne, the chancellor, and ministers from the UK’s extensive network of tax havens are among key witnesses that MEPs intend to call as part of a major inquiry set to be launched into the Panama Papers. Leaders of the European parliament meet in Brussels on Thursday to approve the creation of an influential 65-member […]

Imran Khan, the chairman of Pakistan’s Tehreek-e-Insaf (PTI) party, demanded that Prime Minister Nawaz Sharif should resign following his link to the Panama Papers revelations. Khan addressed his supporters on Sunday evening during a rally against the Prime Minister in Lahore, urging his supporters to be ready to march at Raiwind near Lahore, where Prime […]