June 2017

European Commissioner for Justice Věra Jourová has prioritised stepping up the fight against money laundering. In this opinion piece, she explains what steps have been taken and what more is to come. Věra Jourová is European Commissioner for Justice, Consumers and Gender Equality. Not only is it necessary to ensure that everyone pays their fair […]

The owner of a $50.9 million Manhattan condo that is scheduled to be sold at a foreclosure auction next month is Kolawole “Kola” Aluko, a Nigerian businessman accused in court filings of defrauding that country’s government. Nigerian officials have attempted to freeze Aluko’s assets, including a full-floor penthouse at Midtown’s One57 skyscraper, as part of a wider […]

Joint Investigation Team’s sessions are held at the Federal Judicial Academy. Photo: file   ISLAMABAD: The Panama Papers case Joint Investigation Team (JIT) is reviewing the details of Prime Minister Nawaz Sharif’s business accounts in its session under way at the Federal Judicial Academy. According to sources, a private bank’s senior officers appeared before the […]

ISLAMABAD: Pakistan Prime Minister Nawaz Sharif’s daughter, Maryam Nawaz, has been summoned to appear before the Joint Investigation Team (JIT) in connection with the Panama Papers probe into the family’s assets, the media reported on Tuesday. In the summons, the JIT has asked Maryam to appear before it on July 5. Maryam is currently in […]

By Aamir Latif KARACHI, Pakistan Investigators probing the Panama Papers scandal on the orders of the country’s Supreme Court, have summoned Pakistani Prime Minister Nawaz Sharif’s daughter and his potentıal political heir on July 5, according to a summons from the investigation team on Tuesday. Maryam Nawaz — who is being touted as the next […]

Linking Aadhaar to bank accounts is a recipe for creating benami bank accounts and scaling benami bank transactions. It threatens to destroy your bank accounts and destroy the country’s banking system. It’s devastating that the integrity of banking processes is being destroyed by dividing, outsourcing and privatizing processes integral to core banking so that they […]

ISLAMABAD – The speculation windmill in the political circles and whispers in the power corridors of Islamabad and Rawalpindi are suddenly in sync: the fate of Prime Minister Nawaz Sharif’s stay in power is sealed as a result of the proceedings of the probe of the Joint Investigation Team constituted by the Supreme Court. It […]

Issued by Transparency International Secretariat Translations: ES Transparency International today welcomed the news that the former President of Panama Ricardo Martinelli has finally been arrested in the United States and will presumably face an extradition hearing following a request made by the Panamanian government more than nine months ago. “Even though Ricardo Martinelli’s arrest is […]

PANAMA CITY – The front pages of Panamanian newspapers are virtually monopolized by the scandals linked to former President Ricardo Martinelli, the millions of dollars in bribes paid by Brazil’s Odebrecht construction firm and the Panama Papers, a situation that the country is trying to face by mounting an anticorruption instruction and advertising campaign. In […]