Why would you open secret company in Panama for legitimate …


Greens MEP and member on the Pana Committee Sven Giegold (above) has questioned why anyone would open a company in Panama for legitimate reasons.

He was asked by The Malta Independent, in Brussels, whether the Pana committee plans to consider possible enforcement against intermediaries or recommending further EU legislation for intermediaries with relation to financial services after they conduct their investigations in EU countries, to which he said yes.

“I believe that, according to our findings, intermediaries were critical in order to violate the letter or the spirit of anti-money laundering legislation or tax law of the member states. Because

... read more at: http://www.independent.com.mt/articles/2017-01-31/local-news/Why-would-you-open-a-secret-company-in-Panama-for-legitimate-reasons-Greens-Pana-committee-MEP-6736169794

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