August 2016

An offshore bank owned by Tory donor Lord Ashcroft has closed a large number of customer accounts and faced a wave of withdrawal requests after becoming increasingly caught up in a US tax-evasion crackdown, the Guardian has learned. The value of deposits at Belize Bank International (BBI) shrank by almost three-quarters in the space of […]

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Bigger fish to fry   The Panama Leaks that surfaced in early April had disturbed the world as it revealed approximately 11.5 million leaked documents containing the names of people, having off-shore companies in various tax havens around the world. Several Pakistani politicians, including the children of our beloved Prime Minister, Mian Muhammad Nawaz Sharif […]

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Enabling Cookies in Internet Explorer 9 Open the Internet Browser Click Tools (or “gear” icon at top right hand corner) Internet Options Privacy Advanced Check Override automatic cookie handling For First-party Cookies and Third-party Cookies click Accept Click OK and OK Enabling Cookies in Internet Explorer 10, 11 Open the Internet Browser Click the Tools […]

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TRIESTE, Italy— Somewhere on the Adriatic between the Miramare and Duino castles just north of the city of Trieste, on a seventeen-meter sailboat called the Punt e Mes, owned by an amateur historian of the Habsburgs, the filmmaker Luca Wieser said he had an “aforisma” to share with me. It featured prominently in the film […]

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* Nordea says did not fully know its customers in some cases * Bank fined last year by watchdog for such deficiencies * Bank says no evidence it proactively helped tax evasion * Second-quarter operating profit 1.22 bln euros (Adds further CEO comment, FSA and analyst comment) By Johan Ahlander STOCKHOLM, July 20 Nordea, the […]

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Mossack Fonseca | Photo credit: Press association Confirmation of the invitation came at the first meeting of Parliament’s committee of inquiry into the Panama Papers scandal (PANA). The committee is tasked with investigating alleged contraventions and maladministration of EU law in the fields of money laundering, tax evasion and tax avoidance. German EPP group member […]

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