December 2018

Deutsche Bank is strong and its turnaround strategy is bearing fruit, chairman Paul Achleitner has said, ruling out the need for state aid and playing down speculation that the loss-making German bank should merge. In an interview with the Frankfurter Allgemeine Sonntagszeitung, Mr Achleitner added that he would not step down after a tough year […]

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The leak included 11.5 million documents in all, from Panamanian law firm Mossack Fonseca, which facilitated dizzying webs of shell companies, offshore accounts and other business structures to obscure their clients’ wealth and, in many cases, avoid tax bills in their home countries. … read more at: http://www.14news.com/2018/12/04/conspiracy-financial-crimes-charges-against-men-panama-papers-investigation/

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INTERNATIONAL – Police searched Deutsche Bank’s headquarters in Frankfurt for a second day on Friday over money laundering allegations linked to the Panama Papers and shares in the company fell to a record low. The large volume of material being examined meant a search started on Thursday was still going on, a spokeswoman for the Frankfurt […]

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captionA security guard stands outside the building housing global law firm Mossack Fonseca Co., which was the subject of the Panama Papers.sourceREUTERS/Carlos Jasso The US Department of Justice (DOJ) revealed Tuesday that four people had been charged with fraud and other crimes following an investigation into the Panama Papers released in 2016. Those charged included […]

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As a professor teaching fraud and ethics, I study corporate fraud around the clock. 2018 had no shortage of corporate misconduct. Most interestingly, the three largest frauds of 2018 all shared a theme: the use of professionals.  1MDB: Sovereign wealth and the use of professionals Sovereign wealth fund 1Malaysia Development Berhad (1MDB) was created to […]

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Supreme Court of Pakistan – PHOTO: FILE ISLAMABAD: The outgoing year 2018 will be marked as the toughest one for politicians in the Supreme Court, which has emerged as the most powerful institution due to judicial activism led by Chief Justice of Pakistan Mian Saqib Nisar. The apex court has not only disqualified several lawmakers on […]

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Related News Mossack Fonseca’s office in the British Virgin Islands. Credit: ABC Four Corners/ICIJ DAYS AFTER the Panama Papers leak — published by The Indian Express in association with the International Consortium of Investigative Journalists (ICIJ) in a series of reports starting April 4, 2016 — revealed how Mossack Fonseca (MF) helped thousands of clients […]

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The International Consortium of Investigative Journalists began the year investigating how West Africa’s wealthy and well-connected siphoned billions out of the region, and ended it with the largest-ever collaborative health care investigation. The Implant Files team, made up of more than 250 journalists in 36 countries, exposed how global authorities have failed to protect patients […]

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Panamanian firm helped dictators, drug lords and the ultra-wealthy hide their cash. WASHINGTON — 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 […]

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Crisis-stricken Deutsche Bank is strong and is already benefiting from a turnaround plan, according to chairman Paul Achleitner. The loss making German bank’s boss was quick to play down rumours that the bank needed state aid, or that a merger was on the cars in an interview published this morning. Achleitner told German language newspaper […]

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Ivan Camilleri and Jacob Borg summarise some of the year’s stories that highlighted serious gaps in governance or outright misconduct, many of which appeared in The Sunday Times of Malta. 17 Black owned by power station investor In November, a joint investigation by the Times of Malta and Reuters revealed that the mystery Dubai company […]

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NEW YORK — The Latest on charges in the Panama Papers investigation (all times local): 7:30 p.m. An attorney for one of the four men charged in an international tax scheme related to the so-called Panama Papers says his client will be vindicated at trial. Jeffrey Neiman represents Harald Joachim Von Der Goltz, of Germany, […]

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Viet Nam News WASHINGTON — The US government announced charges on Tuesday against four men it said laundered money and arranged tax avoidance schemes through the Panama firm at the centre of the “Panama Papers” scandal. The four were affiliated with Mossack Fonseca, the law firm that helped thousands of clients around the world move […]

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The leak included 11.5 million documents in all, from Panamanian law firm Mossack Fonseca, which facilitated dizzying webs of shell companies, offshore accounts and other business structures to obscure their clients’ wealth and, in many cases, avoid tax bills in their home countries. … read more at: http://www.mysuncoast.com/2018/12/04/conspiracy-financial-crimes-charges-against-men-panama-papers-investigation/

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