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Panama City is an intersection. It lies between the Atlantic and Pacific Oceans; between jungles and man-made waterways; between colorful colonial Spanish architecture and towering skyscrapers; and between history and modernity. The city is defined by its contrasts but known for its growth. Just over one hundred years since the construction of the Panama Canal […]

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I caught sight of a Department of Information photograph as I began to write this column, showing Konrad Mizzi, Minister Within the Office of the Prime Minister, prominent in a row of Maltese cabinet ministers, with European Commission President Jean-Claude Juncker and other Commission officials, in Brussels for meetings. And I thought, “What a bunch […]

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By Richard Crump Law360, London (November 15, 2016, 3:33 PM GMT) — The European Union needs to create a blocwide register of beneficial owners of companies in order to combat money laundering and terrorist financing in the wake of the Panama Papers release, anti-money laundering experts told the European Parliament Monday. Current definitions — and […]

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REYKJAVIK (AFP): Icelandic authorities said on Wednesday that 108 taxpayers whose names were in the “Panama Papers” had been targeted by an investigation for tax evasion.  Directorate of Tax Investigations chief, Bryndis Kristjansdottir, told AFP that of those, 31 had been discovered due to the documents which the Icelandic authorities bought from an anonymous source.  […]

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Home» Top News » World Top News Posted by Fawad Maqsood 11 REYKJAVIK: Icelandic authorities said on Wednesday that 108 taxpayers whose names were in the “Panama Papers” had been targeted by an investigation for tax evasion. Directorate of Tax Investigations chief, Bryndis Kristjansdottir, told AFP that of those, 31 had been discovered due to […]

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The number of references sent via the Foreign Tax and Tax Research (FTTR) division of the Ministry of Finance stood at 91 in July and the number of Indians under scrutiny then was 297. Seven months after The Indian Express published the Panama Papers, the probe into alleged tax violations by Indians named in the […]

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ISLAMABAD: Spokesman of Pakistan Tehreek-e-Insaf Naeem-ul-Haq has said that the federal ministers are trying to save the prime minister by making Panama Papers case a government’s case. Talking to newsmen in Bani Gala on Tuesday, he said the prime minister will soon lose his premiership. He said the ministers are busy in undue criticism on […]

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Nobel laureate Joseph Stiglitz, who along with Swiss anti-corruption expert Mark Pieth quit the panel set up to investigate the Panama Papers scandal, Tuesday urged international regulators to treat secrecy havens like a disease and cut them off from the global financial system. Sitglitz, a former World Bank chief economist, and Pieth presented the results […]

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//php echo Assets::css(); ? Hot Topics bahamas leaks Panama Leaks | | November 15, 2016 Pakistan ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan said on Tuesday stories being told by the Sharif family kept on changing in the Panama Leaks case. The PTI chairman said this in reference to a letter by Qatari Prince Hammad […]

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Share this! The largest investigation in the history of journalism won the 2016 Barlett Steele Gold Award. ( Image from Arthur Jones and Shutterstock) Yesterday evening the 2016 Barlett Steele Gold Award was awarded to “The Panama Papers,” the massive investigation that revealed Panama as a tax haven through which some of the globe’s… read more at: […]

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Cricketer-turned politician Imran Khan on Monday submitted to the Supreme Court evidence relating to the Panama Papers Leak case against Prime Minister Nawaz Sharif. Cricketer-turned politician Imran Khan on Monday submitted to the Supreme Court evidence relating to the Panama Papers Leak case against Prime Minister Nawaz Sharif, showing that premier’s family laundered Rs 145 […]

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The EU needs a European register of beneficial owners of companies, consistent definition – and handling – of suspicious transactions and enforced transnational cooperation like the US Financial Investigation Unit, experts on anti-money laundering enforcement in Belgium and Germany told Parliament’s Panama Papers Inquiry Committee. Money laundering is not a fiscal issue, but a criminal one, MEPs were […]

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Canada loses an estimated $6 billion to 7.8 billion in tax revenues to offshore tax evasion every year. Despite this staggering number, the CRA hasn’t been very successful in prosecuting offshore tax schemes, having convicted only 49 people and levied $13.4 million in fines since 2010. The U.K. also revealed the results of its Panama […]

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