September 2016

LAHORE: Chairman of Pakistan Tehreek-e-Insaf (PTI) Imran Khan has given another ultimatum to both Prime Minister Nawaz Sharif and the state institutions, threatening that he will not allow the PML-N government to function after Muharram if the premier did not present himself for accountability and the state institutions failed to take any action against him […]

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COPENHAGEN, Denmark (AP) — Denmark has received data leaked from a Panamanian law firm that helped customers open offshore companies to avoid paying taxes, authorities said Thursday, adding they paid nearly 6 million kroner ($902,500) for it. Jim Soerensen, an official with the Danish Customs and Tax Administration, said they “were given permission Sept. 9 […]

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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: Pakistan is willing to sign the OECD anti-bribery convention. (The News) Cybercrime: The […] […]

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Denmark’s tax administration said Thursday it had paid an anonymous source for data from the “Panama Papers,” the 11.5 million leaked documents from Panamanian law firm and corporate service provider Mossack Fonseca, some dating back to the 1970s. The papers detailed financial and attorney-client information for more than 214,488 offshore entities.   The Danish authority had exchanged encrypted […]

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The article by Rajal Dubal and Adam Tymowski, AlixPartners LLP, and Nicholas Berg and David Rojas, Ropes Gray LLP, was originally published in Law360 on July 5, 2016. Latin American countries continue to be a source of potentially lucrative investment opportunities for U.S. and multinational corporations. At the same time, operating in Latin America may […]

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LAHORE: Pakistan Tehreek-e-Insaf Chairman Imran Khan has said the PTI will continue its struggle till the rulers present themselves for accountability. Addressing different public gatherings during his visit to PTI camps in various constituencies of Lahore, Imran said the PTI was fighting a battle to protect the future of Pakistan. He said the “accountability movement” […]

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I’ll confess that my jaw dropped when I looked beyond the headlines about the Panama Papers last spring and began to read the fine print. “Panama Papers” is shorthand for the widely publicized report of the International Consortium of Investigative Journalists, originally published on April 3, 2016. The story broke simultaneously on the I.C.I.J. Web […]

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The latest opinion poll for Iceland’s upcoming general elections indicate a massive surge in support for the centre-right Independence Party (‘Sjálfstæðisflokkurinn’) – which could mean that the current two-party coalition could hold on to power. The poll, published in Icelandic daily Fréttablaðið today, gives the Independence Party 34.6% of the vote. This is in stark […]

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The new committee of inquiry into the Panama Papers intends to broaden its mandate to cover the Bahamas leaks, the latest offshore revelations which directly implicate the former Commissioner Neelie Kroes. EurActiv France reports. The former European Commissioner for Competition, Neelie Kroes, could be among the first people invited to give evidence to the European […]

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Malta’s Minister without a portfolio Konrad Mizzi will most likely be called before the Pana committee, dealing with the Panama Papers scandal, chairman of the European Parliament’s Committee Werner Langen said in a press conference. “I’m assuming we will be inviting active members of governments, with the energy minister from Malta is one possible minister, […]

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JERUSALEM (AP) — Israel’s leader says American support for his country will remain strong regardless of who is elected president in November. Benjamin Netanyahu told his Cabinet Tuesday about his meeting in New York with both presidential candidates, Hillary Clinton and Donald Trump, and relayed their strong words of support for Israel. The prime minister […]

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Minister without Portfolio Konrad Mizzi will be among the first to be called to Brussels over the Panama Papers scandal, according to the chairman of the European Parliament’s Committee, which is investigating the scandal. Addressing a press conference after the first session of the committee in Brussels, chairman Werner Langen, a German MEP, said that […]

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