January 12, 2018

Image copyright Alamy MPs are “far from confident” that HM Revenue and Customs can deal with the tax avoidance allegations made in the wake of the Paradise Paper leaks. The public accounts committee said the department would also struggle to deal with the pressure of Brexit and its own internal changes. HMRC believes Brexit alone […]

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An estimated eight percent of the world’s household financial wealth is held in offshore tax haven. On this week’s media roundtable, we’ll speak with Pulitzer prize-winning journalist Jake Bernstein about his new book Secrecy World: Inside the Panama Papers Investigation of Illicit Money Networks and the Global Elite. The book chronicles the evolution of the […]

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Prime Minister Joseph Muscat with Henley Partners chairman Christian Kalin  Prompted by threats of crippling legal action abroad by Pilatus Bank and Henley Partners to several Maltese media houses, a cross-party group of MEPs has proposed EU legislation intended to clamp down on so-called ‘SLAPP’s – libel cases intended to silence journalists by burdening them with exorbitant […]

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More than half a billion dollars have been recovered by tax agencies worldwide — none of it by the CRA, which says it does not trace the source of assessments related to the Panama Papers leaks. … read more at: https://www.thestar.com/news/canada/2018/01/12/canada-wont-say-if-it-has-collected-any-lost-taxes-from-panama-papers-cheats-the-rest-of-the-world-has-recovered-more-than-500-million.html

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A European Parliament report on Malta has called on politicians perceived to be implicated in serious acts of corruption and money laundering linked to the Panama Papers and FIAU reports to be removed from public office and swiftly investigated. The Prime Minister’s chief of staff Keith Schembri and Tourism Minister Konrad Mizzi were both found in […]

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1 China #MeToo movement: A university has sacked a prestigious scholar following accusations of sexual misconduct against him by multiple women, the result of a campaign heralded by his chief accuser as the start of a Chinese chapter of the #MeToo movement. Beihang University in Beijing said on its official microblog this week that an […]

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VALLETTA, Malta (AP) — A European Parliament report says two top Maltese officials should be removed and brought to justice for alleged money laundering, saying their continued role in government is fueling the perception of impunity on the Mediterranean island. The report, based on a parliamentary commission of inquiry into allegations of money laundering and […]

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VALLETTA, Malta (AP) – A European Parliament report says two top Maltese officials should be removed and brought to justice for alleged money laundering, saying their continued presence in the government fuels the perception of impunity on the Mediterranean island. The report from a European Parliamentary commission of inquiry into allegations of money laundering and tax […]

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The president of Angola fired the head of the country’s wealth fund, José Filomeno Dos Santos, after he was named in the Paradise Papers for investing the country’s capital into ventures of personal interest via his friend’s firm, Quantum Global, The Guardian reported Thursday.   National Assembly Building (Photo: David Stanley, CC BY 2.0)Dos Santos was […]

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An estimated eight percent of the world’s household financial wealth is held in offshore tax haven. On this week’s media roundtable, we’ll speak with Pulitzer prize-winning journalist Jake Bernstein about his new book Secrecy World: Inside the Panama Papers Investigation of Illicit Money Networks and the Global Elite. The book chronicles the evolution of the […]

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Muscat denied corruption allegations made by slain journalist Caruana Galizia (Photo: eu2017mt/Flickr) They also included: Alexey Marey, the former CEO of Alfa Bank Russia, the country’s largest private lender; Alexey De-Monderik, a co-founder of Russian cyber security firm Kaspersky Lab; and Alexander Mechatin, the CEO Beluga Group, Russia’s largest private spirits company. The newly-minted Maltese […]

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A European Parliament report on Malta has called on politicians perceived to be implicated in serious acts of corruption and money laundering linked to the Panama Papers and FIAU reports to be removed from public office and swiftly investigated. The Prime Minister’s chief of staff Keith Schembri and Tourism Minister Konrad Mizzi were both found in […]

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