June 2018

Well-heeled Canadians have hidden up to $240.5 billion in foreign accounts and are dodging up to $3 billion a year in federal tax on those funds, according to the CRA’s first ever attempt to estimate how much government revenue is lost from individuals stashing money abroad. The Canada Revenue Agency arrived at the figure as […]

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Thursday said that his party would never make alliance with Pakistan Peoples’ Party (PPP) and Pakistan Muslim League-Nawaz (PML-N) over the formation of government after winning forthcoming general election. He said that corruption was behind all the problems facing the country and alleged that former prime minister and PML-N chief […]

As investigators in Seychelles enquire about the multi-million dollar assets owned by the Senate President, Bukola Saraki, through offshore shell companies in tax havens, his wife, Toyin, who is suspected to have acted as his front, tried to distance herself as a politically-exposed person (PEP) by submitting documents that suggested she was a British national […]

Image credit: Shutterstock Governments worldwide have been gradually forging greater transparency in real estate markets, addressing growing demands from investors and the public to deliver significant change. The pace, according to experts, has been too slow. In the last two years, 85 of the 100 countries surveyed in the bi-annual JLL Global Transparency Index recorded […]

Bribery: The handbags, jewelry, watches and other items seized from Malaysia’s premier were worth more than $270 million, authorities say. Audits of 1MDB from 2010 to 2012 didn’t provide true or fair assessments of the company, according to KPMG. (SCMP, AJE, FT, AP, Reuters) Brazilian authorities charged the JBS shareholder Joesley Batista with corruption. His lawyer says […]

Guardian US has been honored twice at World Association of Newspapers and News Publishers (WAN-IFRA) Digital Media North America Awards. The Guardian’s reader contribution campaign to raise money for This Land is Your Land, was awarded in the Best Reader Revenue Initiative category. Jane Spencer, deputy editor, Guardian US said: “We share this award with […]

The accountability court is situated inside the Federal Judicial Complex in Sector G-11. Photo: Geo News ISLAMABAD: Nawaz Sharif’s lawyer Khawaja Haris on Wednesday alleged that the JIT probing the Panama Papers case had not conducted a transparent probe in the Avenfield reference.  Nawaz and his family are facing three corruption cases in the accountability […]

Behind the Scenes The new Panama Papers files reveal what was going on at the time of the original leaks. Just days after reporters asked about Poroshenko’s ownership of the BVI company, his Cyprus lawyers emailed Mossack Fonseca requesting some changes. They wanted the overall number of shares in Prime Asset Partners to be increased […]