February 2018

ISLAMABAD: National Accountability Bureau (NAB) will file a supplementary reference against the accused on Monday in the corruption reference against former finance minister Ishaq Dar. In previous hearing on Friday, the NAB prosecutor informed the court about this, adding the bench that approvals to file supplementary references against Dar had been given. A supplementary reference […]

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Despite efforts to tackle corruption around the world, progress is still frustratingly slow, according to the latest report from Transparency International. Its annual Corruption Perception Index reveals some alarming trends. It shows public service corruption is still a huge problem for two-thirds of the world’s economies. The report uses a scale of zero to 100 […]

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The publication of the Panama Papers opened a Pandora’s box that contains evidence of the decades-long practice of some well-connected rich and famous – that of hiding their often ill-gotten assets from the scrutiny on fiscal and other anti-financial-crime authorities. Money launderers and tax avoiders shrink from transparency more than the devil fears holy water. […]

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Investigators with the Canada Revenue Agency raided an address in West Vancouver Wednesday in connection with an investigation into possible tax evasion connected to the Panama Papers. CRA investigators went into the West Vancouver address with a search warrant Wednesday morning, assisted by the West Vancouver Police. The West Vancouver raid was one of three […]

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ISLAMABAD: At a time when the accountability court has recorded testimonies of 29 out of 30 witnesses against former finance minister Ishaq Dar in the assets reference, the National Accountability Bureau (NAB) has prepared a supplementary reference against him, which is likely to be filed on Monday (tomorrow). The accountability court has fixed Feb 28 […]

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CLOSE Watch an exclusive clip from AMC’s crime thriller ‘McMafia,’ starring James Norton as a Harvard-educated London investor who’s drawn into his immigrant family’s Russian mob connections. AMC Alex Godman (James Norton) is a London investor who gets involved in international organized crime in AMC’s ‘McMafia.’(Photo: Nikola Predovic, Cuba Pictures) If Goodfellas and The Sopranos […]

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When asked in 2015 about another corrupt deal, Mr Allani said he couldn’t recall them, and was only involved in setting up offshore companies in tax havens as a “convenient” way of selling property bought by the Malaysian government. When questioned about his knowledge of any alleged kickbacks, the former politician hung up the phone. […]

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Despite efforts to tackle corruption around the world, progress is still frustratingly slow, according to the latest report from Transparency International. Its annual Corruption Perception Index reveals some alarming trends. It shows public service corruption is still a huge problem for two-thirds of the world’s economies. The report uses a scale of zero to 100 […]

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The publication of the Panama Papers opened a Pandora’s box that contains evidence of the decades-long practice of some well-connected rich and famous – that of hiding their often ill-gotten assets from the scrutiny on fiscal and other anti-financial-crime authorities. Money launderers and tax avoiders shrink from transparency more than the devil fears holy water. […]

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By Alexander Martinez, AFP/Caracas Despite unpopularity and a deepening economic crisis, Venezuela’s President Nicolas Maduro seems such a certainty for re-election in April that only an evangelical pastor has found the faith to run against him. “I am the light in the darkness,” said little-known pastor Javier Bertucci, without a hint of irony, so far […]

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Switzerland’s market regulator said Thursday it has banned the Swiss affiliate of Russia’s Gazprombank from taking new private clients over money laundering concerns over a 10-year period that emerged from the Panama Papers leak. The move marks the first and only time that Swiss markets authority, FINMA, identified or penalized any company for wrongdoing after […]

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Corruption and credibility The Corruption Perception Index, released annually by Transparency International, once again gives an indication of how dismal Pakistan’s efforts at fighting the scourge of corruption have been. We have the same score – 32 – as last year, which places us at a ranking of 117 out of 180 countries. It is […]

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