December 2016

By Jeremy Maltby and Grant Damon-Feng, O’Melveny Myers LLP Law360, New York (December 16, 2016, 5:09 PM EST) — Jeremy Maltby Grant Damon-Feng The offshore banking industry attracted global attention on April 3, 2016, when the International Consortium of Investigative Journalists published the “Panama Papers,” a collection of 11.5 million leaked documents detailing decades of […]

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This year saw the release of the biggest leak of documents in history, when the Panama Papers were made public. Eleven million documents were leaked from one of the world’s most secretive companies, Panamanian law firm Mossack Fonseca. They revealed in detail how parts of the offshore industry work. We asked you what stories over […]

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  Panama Papers expose tax havens An unprecedented data dump from a Panamanian law firm revealed in April how the rich and powerful used tax havens. Figures ranging from global leaders such as former British Prime Minister David Cameron to film star Amitabh Bachchan reportedly had links to offshore companies through the legal firm Mossack […]

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It is indeed a remarkable year when the axing of a Cabinet member is reduced to a mere footnote in the year’s notable political events. Malta’s 2016 political headlines were dominated by the Panama Papers scandal, which rocked the government to its very foundation. Jacob Borg reviews the politics of 2016. The year got off […]

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ISLAMABAD: Pakistan Tehreek-i-Insaf (PTI) chairman Imran Khan has welcomed the proposal of Interior Minister Chaudhry Nisar Ali Khan that the National Accountability Bureau (NAB) chairman should be appointed by the judiciary. Talking to reporters after a meeting of the party’s core committee at his Banigala residence here on Monday, he said NAB could not become […]

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JOHN KEY STUNS THE NATION Parliament was winding down for Christmas when Prime Minister John Key stunned the nation with his resignation announcement. Only his deputy Bill English had known, and National’s caucus was astonished. They had expected Key to lead them into the 2017 general election, seeking a fourth term after maintaining his phenomenal […]

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MOSCOW (Sputnik) – Gunnlaugsson initially said that he had no intention to resign over the information uncovered through the leaks, and even his April 5 declaration seemed to indicate that the prime minister wanted to simply wait out the public outrage well away from the spotlight. According to the information presented by ICIJ, Gunnlaugsson and his wife Anna Sigurlaug Palsdottir owned a British Virgin […]

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It is indeed a remarkable year when the axing of a Cabinet member is reduced to a mere footnote in the year’s notable political events. Malta’s 2016 political headlines were dominated by the Panama Papers scandal, which rocked the government to its very foundation. Jacob Borg reviews the politics of 2016. The year got off […]

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MOSCOW (Sputnik) – In 2013, Messi, arguably the greatest soccer player in the world, and his father were accused of defrauding Spain out of 4.16 million euros (roughly $4.3 million). In 2007-2009, Messi failed to pay tax on sponsorship deals as he had sold his image rights to what appeared to be shell companies in Uruguay and Belize. The soccer star did not deny […]

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