June 2018

analysis “On paper, the company that engineered and built the [$50 million mineral sands] processing plant [in Senegal] was SNC Lavalin-Mauritius Ltd, a local division of SNC Lavalin [Canada]. In reality, SNC Lavalin-Mauritius wasn’t involved. It was a shell, created for the specific purpose of helping the engineering giant avoid tax payments. The company had […]

Pakistani politicians are known for of acquiring ill-gotten wealth. They are open to bribery and indulge in corruption in a brazen manner, unrepentantly. They generate illicit money through various means by misusing their administrative and discretionary powers, in league with equally corrupt bureaucracy. Since Pakistani politicians control government contracts and have the powers to allot […]

RIGA, Latvia (AP) — When the U.S. hit North Korea with sanctions last year, Pyongyang’s state-owned banks found a quiet backchannel to keep money flowing to the country’s ballistic missile programs, the U.S. says: the tiny European country of Latvia. One of the biggest banks in Latvia — a member country of the European Union […]

ormer prime minister Nawaz Sharif’s legal counsel resumed Monday cross-examination of Panamagate Joint Investigation Team (JIT) head and prosecution’s star witness Wajid Zia in Al-Azizia reference against the Sharif family. Photo: file ISLAMABAD: Former prime minister Nawaz Sharif’s legal counsel Khawaja Harris resumed Monday morning cross-examination of Panamagate Joint Investigation Team (JIT) head and prosecution’s […]

In April 2017, the Supreme Court of Pakistan set up a team to investigate the allegations against Mr. Sharif and his family arising out of the Panama Papers. Surprisingly, the investigative team included officials from Pakistan’s spy agencies — Inter-Services Intelligence and Military Intelligence. Three months later, the Supreme Court disqualified Mr. Sharif from holding […]

In polite pockets of society, acceptable and positive crypto talk revolves around its amazing tech and what the future might hold. At least one bitcoiner has tossed aside such niceties, and examined the world’s most popular cryptocurrency as a potential offshore tax avoidance haven. Depending on the study, as much as $20 trillion is hidden […]

In April 2017, the Supreme Court of Pakistan set up a team to investigate the allegations against Mr. Sharif and his family arising out of the Panama Papers. Surprisingly, the investigative team included officials from Pakistan’s spy agencies — Inter-Services Intelligence and Military Intelligence. Three months later, the Supreme Court disqualified Mr. Sharif from holding […]

RIGA, Latvia (AP) — When the U.S. hit North Korea with sanctions last year, Pyongyang’s state-owned banks found a quiet backchannel to keep money flowing to the country’s ballistic missile programs, the U.S. says: the tiny European country of Latvia. One of the biggest banks in Latvia — a member country of the European Union […]

A Calgary businessman was linked to a massive document leak and tax-evasion investigation by the Canada Revenue Agency on Thursday. Properties owned by Wen Tao Yang, 50, and his wife, Rong Catherine Lu, were identified as locations the CRA searched in relation to the investigation, according to court documents made public Thursday. Yang lives in […]

RIGA, Latvia (AP) — When the U.S. hit North Korea with sanctions last year, Pyongyang’s state-owned banks found a quiet backchannel to keep money flowing to the country’s ballistic missile programs, the U.S. says: the tiny European country of Latvia. One of the biggest banks in Latvia — a member country of the European Union […]