September 2016

Mossack Fonseca, the law firm at the heart of the massive Panama Papers scandal has to battle a hedge fund managed by a New York billionaire on a new front in Nevada.   According to a report from The Centre for Public Integrity, new filings made by the hedge fund NML Capital owned by billionaire […]

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With more than 5.2 million articles, Wikipedia is an invaluable resource, whether you’re throwing a term paper together at the last minute, or trying to determine whether the Songhai Empire had any PokéStops. We explore some of Wikipedia’s oddities in our 5,230,623-week series, Wiki Wormhole. This week’s entry: Assassination of James Garfield What it’s about: […]

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World Bulletin / News Desk Pakistani tax authorities have launched a much-awaited probe into Panama Papers allegations of tax evasion and money laundering within the family of Prime Minister Nawaz Sharif, and hundreds of others through offshore companies, officials said Saturday. Mohammad Iqbal, spokesperson for the Federal Board of Revenue (FBR), the official tax collection […]

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  Let’s evolve, shall we?   It is true that the prime minister of Iceland had to resign because of indirect links with offshore companies. It is also true that in Europe and other parts of the world many individuals have suffered dearly due to disclosures made in Panama Papers   Panama Papers is a […]

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MADRID Spain has nominated as its World Bank representative a former industry minister who resigned following allegations of links to offshore dealings which emerged after he was named in the Panama Papers. The Economy Ministry said in an e-mailed statement late on Friday night that the Spanish government had proposed Jose Manuel Soria as executive […]

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FBR source says letters have also been sent to members of Nawaz Sharif’s family. PHOTO: WASEEM NIAZ ISLAMABAD: The Federal Board of Revenue (FBR) began on Saturday sending letters to over 600 Pakistanis named in the Panama Papers for owning offshore companies, but experts claim the chances of recovery remain bleak. “This week we have begun […]

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MADRID, Sept 3 (Reuters) – Spain has nominated as its World Bank representative a former industry minister who resigned following allegations of links to offshore dealings which emerged after he was named in the Panama Papers. The Economy Ministry said in an e-mailed statement late on Friday night that the Spanish government had proposed Jose […]

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ISLAMABAD (APP) – Punjab Chief Minister Muhammad Shehbaz Sharif Friday called for strict punishment to MQM leader Altaf Hussain for giving anti-Pakistan remarks. Talking in aprogram of private news channel, he said a case should be proceeded against Altaf Hussain according to the law and constitution after bringing him to Pakistan. He said, as Muttahida Qaumi Movement […]

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Mossack Fonseca’s US affiliate MF Corporate Services in Nevada. Photo: Ronda Churchill /McClatchy LAS VEGAS, USA — Confidential emails revealed in the Panama Papers have opened a new front in a court battle in Nevada involving a hedge fund led by an American billionaire, new court filings show. NML Capital, a hedge fund managed by […]

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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: Two former senior executives of shipbuilder ST Marine admitted to giving bribes in […] […]

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