April 2017

An activist clutching a suitcase stuffed with fake money demands greater transparency in financial legislation following the Panama Papers revelations. A Malta magistrate is investigating explosive claims of money laundering and corruption that have put New Zealand in the middle of a global cash trail from the family of Azerbaijan president Ilham Aliyev. President Aliyev’s […]

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Mossack Fonseca’s files were obtained by the International Consortium of Investigative Journalists and German newspaper Süddeutsche Zeitung. New Zealand subsequently amended its offshore trusts regime, requiring foreign trusts to file annual accounts with the New Zealand tax office, but with no further restrictions. At that time it appeared the Malta trusts had never been used, […]

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Murad says everyone is raising ‘Go Nawaz Go’ slogan; Sindh being deprived of its share of natural gas, water; speaks at PPP’s sit-in near Mazar-e-Quaid KARACHI: Sindh Chief Minister Syed Murad Ali Shah said on Wednesday that Prime Minister Nawaz Sharif has to resign to save democracy and he (Nawaz Sharif) was not even eligible […]

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ABBOTTABAD: The Supreme Court Bar Association (SCBA) will decide its future line of action regarding any move against Prime Minister Nawaz Sharif in view of the Panama case verdict in its general body meeting on May 2. This was stated by SCBA president Rasheed A Rizvi while addressing as chief guest at a reception arranged […]

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ISLAMABAD –  Pakistan Bar Council (PBC) on Monday demanded that Prime Minister Nawaz Sharif should step down in view of the apex court judgment on Panama Papers. In a statement, PBC Vice-Chairman Ahsan Bhoon said that after the announcement of the Supreme Court judgment, the Prime Minister has lost moral justification to remain chief executive […]

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By Vidya Kauri Law360, New York (April 25, 2017, 6:37 PM EDT) — The European Union lost at least €109 billion ($119 billion) in revenue in 2015 as a result of tax avoidance schemes identified during the Panama Papers leak and should expand the scope of anti-money laundering laws to cover banks and law firms, […]

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//php echo Assets::css(); ? | | April 25, 2017 Pakistan ISLAMABAD: Former Chief Justice Supreme Court Iftikhar Chaudhry has demanded the Prime Minister Nawaz Sharif to resign in light of the Panama case verdict, which ordered formation of Joint Investigation Team (JIT) to probe money trail. He warned that the JIT should not end up […]

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Islamabad:  Pakistan Prime Minister Nawaz Sharif may file a review petition against their Supreme Court’s verdict in the high-profile Panama papers case as his family fears that the strong observations made by the five-judge bench may influence the Joint Investigation Team’s probe, a media report said today. Mr Sharif, 67, got a temporary reprieve last […]

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The Panama Papers affair was the result of painstaking work by International Consortium of Investigative Journalists, who released more than 11.5 million financial and legal records exposing a system that enables crime, corruption and wrongdoing, hidden by secretive offshore companies. ​Despite the leaks and the outrage that follows, a new report from Transparency International has found that — notwithstanding a lot of political […]

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