July 19, 2017

ISLAMABAD: According to Volume II of the JIT report, the National Accountability Bureau (NAB) is already looking into the Sharifs’ London properties. This was disclosed to the JIT by the NAB chairman. Legal experts feel that had the chairman told the Supreme Court about its ongoing investigation into the Mayfair apartments in the UK, the […]

Sindh Law and Prisons Minister Ziaul Hassan Lanjar announced that the Sindh government would soon be recruiting 400 new prosecutors for courts across the province. This he stated while talking to media personnel following a meeting held to discuss setting up new anti-terrorism court in the province, on Wednesday. The matter will be overseen by […]

The Federal Bureau of Revenue’s (FBR) revenue collection recorded a growth of over 30 percent in the first 15 days of the 2017-18 fiscal year – a rise that has surprised most officials. With most senior government fiscal authorities and key ministries busy in responding to the Joint Investigation Team’s (JIT) Panama papers investigation, the […]

Last year a mass of documents were anonymously passed to Bastian Obermayer, a journalist with the Munich-based Suddeutsche Zeitung. They became known as the Panama Papers and included the names of 430,000 people who had allegedly used a Panama-based law firm, Mossack Fonseca, to hide money for them in secret offshore investments. China’s President Xi Jinping, Ukrainian President Petro Poroshenko, Azeri President Ilham […]

NEW DELHI: India joined a meeting of a global taskforce on shared intelligence and collaboration to pursue progress on the Panama papers investigations. “Based on legal instruments under the OECD and Council of Europe Multilateral Convention and tax treaties, a number of countries shared information in confidential competent authorities sessions, on structures that facilitate, enable […]

Dmytro Gnap, an investigative reporter at Hromadske TV, being interviewed by another television station in regards to a story about a wealthy driver who won’t be charged for murder after striking and killing a pedestrian in Kyiv. (Photo credit Cheryl L. Reed) The morning after journalist Pavel Sheremet was blown up in his car in […]

New money laundering regulations could prove to be a headache for property auctioneers until those affected get to grips with the changes, according to leading figures in the industry. The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the “Regulations”), as laid in Parliament on 22 June 2017 and […]

In the immediate wake of the Panama Papers leak in April last year, I wrote an article (‘Keeping a Sense of Proportion’) in which I warned: “There is a danger, as always in Malta, of losing our sense of proportion and leaping to conclusions before having the hard evidence on which to base a judgement…. […]

India participated in the fourth Joint International Taskforce on Shared Intelligence and Collaboration (JITSIC) meeting reconvened here to pursue work on Panama Papers in the last week of June 2017, officials said on Tuesday. “Based on legal instruments under the Organisation for Economic Co-operation and Development (OECD) and Council of Europe Multilateral Convention and tax […]