December 8, 2018

The head office of Deustche Bank and five of its locations in Frankfurt, Germany were searched by police on Thursday as part of a wide-ranging investigation into alleged money-laundering. Two employees of the bank, which is Germany’s largest, as well as other “unidentified people in positions of authority,” are suspected of allowing dubious transactions worth […]

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NICL scandal: Seven-year-jail each for ex-chief, five others ByMonitoring report KARACHI: An accountability court on Saturday announced its verdict in the NICL mega land scam case and sentenced six, including former chairman Ayaz Khan Niazi, to seven years each in jail. The court also barred the six convicts from holding any public office for 10 […]

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A year-long investigation has led to the Spanish government claiming that Shakira will face criminal tax fraud charges, Spanish newspaper El Pais reports. The 41-year-old Colombian singer was the subject of a probe that looked into whether she lived in Spain between 2011 and 2014 or not. Spanish law stipulates that if she spent a minimum of […]

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Amy Wilson-Chapman The risky business of investigative reporting for whistleblowers and reporters is at the heart of the latest Panama Papers documentary. “(I wanted) to tell a story that touched on some of the big, the really big macro issues that we’re facing and income inequality. How do journalists get the truth out and speak […]

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On Thursday, about 170 police officers, prosecutors and others searched through the bank’s headquarters in Frankfurt and buildings in nearby areas, seizing electronic and paper records. … read more at: https://www.mysuncoast.com/2018/11/30/search-deutsche-bank-offices-continues-german-probe/

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ISLAMABAD: The Supreme Court said on Saturday that Chief Justice of Pakistan Mian Saqib Nisar did not have any social media account. The public relations office of the court issued a clarification, declaring that all Twitter accounts in the name of CJP Nisar were “fake”. “It is, therefore, clarified that Hon’ble Chief Justice of Pakistan […]

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Below is the transcript of a CNBC Exclusive interview with Deutsche Bank CFO and CNBC’s Annette Weisbach. AW: Let’s first of all talk about the money laundering scandal which popped up last week, with a big raid here at the headquarters of Deutsche Bank. So how could that happen, once again that Deutsche Bank is […]

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Scilla Alecci Global industrial giant Techint faces multinational money-laundering and bribery allegations spawned by massive court and journalism investigations grounded in the Panama and Paradise Papers. The news investigation – composed of journalists from Italy’s L’Espresso, Argentina’s Diario Perfil and Poder360 in Brazil –  trawled judicial inquiry records in the three countries and in Switzerland, […]

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The first reaction to the leaked documents dubbed the Panama Papers is simply awe at the scope of the trove and the ingenuity of the anonymous source who provided the press with 11.5 million documents — 2.6 terabytes of data — revealing in extraordinary detail how offshore bank accounts and tax havens are used by […]

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Shell companies. Off-shore accounts. Hidden tax shelters. All in shady countries with lots of palm trees but not much in the way of legal inspection or surveyance. Over the years, many of us have become familiar, at least in theory, with the nuts and bolts of how wealthy corporations and individuals avoid paying taxes by […]

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December 9 is observed as the International Anti-Corruption Day (IACD) to mark the adoption of the UN Convention against Corruption (UNCAC) in 2003. Beyond the rituals like rallies, seminars, awards and cartoons, IACD is intended to create greater public demand against corruption and response by concrete action of stakeholders to control this global menace. If […]

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Nearly three years after the publication of a massive leak of secret offshore shell-company documents known as the Panama Papers, U.S. prosecutors announced criminal charges Tuesday against four people, including a former top lawyer for Mossack Fonseca, the Panamanian firm that helped dictators, drug lords and the ultra-wealthy hide their cash. Prosecutors in the U.S. […]

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