January 2017

The writer served as Executive Editor of The Express Tribune from 2009 to 2014 Revelations of tax-evasion and money-laundering networks on a global scale in the so-called Panama Papers helped make the world appear more corrupt last year, according to graft watchdog Transparency International. The Berlin-based organisation said there were more falling scores than rising […]

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A German newspaper has reaffirmed its earlier revelation regarding Prime Minister Nawaz Sharif’s daughter Maryam Nawaz’s involvement in Panama Papers scandal. The publication has uploaded more documents linking Prime Minister Nawaz Sharif’s daughter, Maryam Nawaz, to the offshore company, which owns Park Lane flats in London. For those in Pakistan who doubt the role of […]

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A German newspaper has reaffirmed its earlier revelation regarding Prime Minister Nawaz Sharif’s daughter Maryam Nawaz’s involvement in Panama Papers scandal. The publication has uploaded more documents linking Prime Minister Nawaz Sharif’s daughter, Maryam Nawaz, to the offshore company, which owns Park Lane flats in London. For those in Pakistan who doubt the role of […]

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Nationalist MEP David Casa was chided by the chair of a European Parliament committee, when once again he opted to dedicate his brief intervention to Panama Papers and “Malta’s corrupt government”. The Nationalist MEPs have taken it upon themselves to… read more at: http://www.maltatoday.com.mt/news/europe/73823/casa_takes_unkindly_to_swedish_socialists_scolding_on_panama_question

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ISLAMABAD – The Supreme Court of Pakistan has adjourned hearing a slew of petitions seeking a probe into Panama papers till Monday. The five-member larger bench discussed the confessional statement of Ishaq Dar regarding money laundering and instructed NAB to provide all details regarding Ishaq Dar’s confessional statement from 2000 against Nawaz Sharif on the […]

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ISLAMABAD – The Supreme Court of Pakistan has adjourned hearing a slew of petitions seeking a probe into Panama papers till Monday. The five-member larger bench discussed the confessional statement of Ishaq Dar regarding money laundering and instructed NAB to provide all details regarding Ishaq Dar’s confessional statement from 2000 against Nawaz Sharif on the […]

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Tax authorities have so far identified some 2,400 individuals and corporations mentioned in the Panama Papers, MPs heard on Thursday. Of these, 1,300 are individuals and 1,000 legal entities, deputy tax commissioner Soteris Markides informed lawmakers. Among the names identified, around 700 had not submitted tax returns for years – a number going back to […]

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The options for going elsewhere might soon shrink. At least 16 other countries have committed to creating similar public registries, according to Global Witness. In Ottawa, Finance Minister Bill Morneau says the issue is on the radar. “We’re absolutely in favour of knowing who is registering companies, what their goals are and what taxes they […]

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Armenia’s Special Investigative Service (SIS) said Wednesday it stopped investigating the offshore accounts of former Major General of Justice Mihran Poghosyan after Swiss and Panamanian authorities refused to help the probe into Panama Papers revelations.   Mihran Poghosyan was Armenia’s Chief Compulsory Enforcement Officer until he resigned following the release of the Panama Papers (Photo: […]

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  Brazil ranks 79th among 176 countries in a world ranking of perceived corruption released by Transparency International this January 25. The scoring scale used by the corruption watchdog ranged from 0 (“highly corrupt”) to 100 (“very clean”). Brazil scored 40 in the Corruption Perceptions Index – two points higher than in the previous year […]

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In the Panama Papers, a massive database of 11.5 million internal documents from leading offshore incorporator Mossack Fonseca leaked to the International Consortium of Investigative Journalists and the newspaper Suddeutsche Zeitung, nominees are everywhere. There are nominee directors to sign corporate documents, nominee shareholders to appoint directors and even nominee beneficial owners, used to mask […]

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Tax authorities have so far identified some 2,400 individuals and corporations mentioned in the Panama Papers, MPs heard on Thursday. Of these, 1,300 are individuals and 1,000 legal entities, deputy tax commissioner Soteris Markides informed lawmakers. Among the names identified, around 700 had not submitted tax returns for years – a number going back to […]

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Armenia’s Special Investigative Service (SIS) said Wednesday it stopped investigating the offshore accounts of former Major General of Justice Mihran Poghosyan after Swiss and Panamanian authorities refused to help the probe into Panama Papers revelations.   Mihran Poghosyan was Armenia’s Chief Compulsory Enforcement Officer until he resigned following the release of the Panama Papers (Photo: […]

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Nationalist MEP David Casa was chided by the chair of a European Parliament committee, when once again he opted to dedicate his brief intervention to Panama Papers and “Malta’s corrupt government”. The Nationalist MEPs have taken it upon themselves to… read more at: http://www.maltatoday.com.mt/news/europe/73823/casa_takes_unkindly_to_swedish_socialists_scolding_on_panama_question

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Like in any other human endeavour, in politics there are giants and pygmies. On January 14 we were treated to an ill-formed opinion by Parliamentary Secretary Ian Borg. He wrote: “A few days ago, something special happened in Malta. For the first time in our history we assumed leadership of a top-tier international body – […]

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