February 10, 2019

European lawmakers on Monday will probe Deutsche Bank’s possible involvement with money laundering by Danske Bank — with their American counterparts watching closely as they investigate the German lender and its dealings with President Donald Trump. The European Parliament’s committee on tax avoidance will ask at a hearing about Deutsche Bank’s role in helping the […]

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In the latest episode of the Panama Papers fallout, the Prime Minister explained that in this case he had made an exception, in suing Daphne Caruana Galizia for libel. He will not now readily let the case go, even though Daphne has since been brutally killed and cannot defend herself, and her bereaved and grieving […]

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President Muhammadu Buhari has said he believes corruption threatens the presidential and parliamentary elections scheduled for next Saturday. The president said this in an opinion piece sent by his office to PREMIUM TIMES. “It (corruption) even threatens to undermine February’s poll and – by extension – our democracy,” the president wrote. While the presidential and […]

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The government has backed away from two explicit commitments to establish a register to help stamp out multi-national tax avoidance – by claiming there was never a commitment in the first place. Announced by Kelly O’Dwyer in the lead-up to the 2016 federal election, the register was to bring Australia in line with G20 commitments […]

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The government has backed away from two explicit commitments to establish a register to help stamp out multi-national tax avoidance – by claiming there was never a commitment in the first place. Announced by Kelly O’Dwyer in the lead-up to the 2016 federal election, the register was to bring Australia in line with G20 commitments […]

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Representational image. PHOTO: REUTERS ISLAMABAD: Chief Justice of Pakistan Asif Saeed Khosa wants to determine and lay down the scope and parameters for the exercise of the original jurisdiction of the Supreme Court under Article 184(3) of the Constitution. The big challenge, however, is going to be evolving consensus among Supreme Court judges, who have had […]

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Repubblika, the NGO that promotes the rule of law, has lodged a formal complaint with the European Commission demanding action over the failure of the Maltese government and State institutions to apply EU money laundering law effectively in relation to people in high positions of power. In its written submission to the EU’s executive, Repubblika […]

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Armenia has re-opened a Panama Papers-related probe into a powerful political figure months after a new government came into office on the heels of a peaceful revolution. Armenia’s Special Investigative Service (SIS) is investigating Mihran Poghosyan, 42, over his interests in three offshore companies, according to correspondence seen by ICIJ. Major General Poghosyan served as […]

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Interior Secretary Ryan Zinke on Capitol Hill on May 10. (Jacquelyn Martin/AP) Helaine Olen At least once a week, a member of the Trump administration demonstrates in an entertaining way that public service can be a great way to make a buck. This week’s installment is a double feature, starring Interior Secretary Ryan Zinke and Commerce […]

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While it’s easier to grasp how to hide cash at the street level—like in Breaking Bad, when Walter White purchases a cash-intensive car wash and simply cooks the book to show he’s washing more cars than he is—money laundering at the global level follows the same three-step process: Step 1: Placement The first challenge is […]

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