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A Multi-Agency Group (MAG), comprising officials of CBDT, RBI, Financial Intelligence Unit and ED, has been set up to ensure “speedy and coordinated” probe against Indians whose names have figured in the Panama papers for allegedly holding bank accounts in foreign nations, government told the Supreme Court on Monday. An undisclosed income of about Rs […]

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The world’s 11th largest bank paid the Clintons almost a million dollars while under investigation and now everything is falling apart. The Deutsche Bank’s stocks hit an all time low on Friday before there were rumors that the bank had come to an agreement on a bailout. Then the stock shot up late Friday. Now […]

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Taiwan’s top financial regulator resigned in an effort to contain the fallout from the controversy over anti-money laundering failings at Taipei-based Mega Financial Holding Co. In a statement posted Monday on the Financial Supervisory Commission’s website, Chairman Ding Kung-wha said he was stepping down “to maintain his innocence” and to contain any damage to the […]

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Published October 3, 2016 Former Prime Minister Sigmundur Davíð Gunnlaugsson is now also the former chairperson of the Progressive Party, as party primary voting yesterday unseated him. Current Prime Minister Sigurður Ingi Jóhannsson is now the new chairperson of the party. Stundin reports that the voting was fairly close. Of 703 ballots cast, Sigmundur received […]

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ISLAMABAD: The Election Commission of Pakistan (ECP) has reactivated its ‘political finance wing’, which was initially set up three years ago to investigate the assets of political parties and elected representatives with a view to eliminating corruption in politics. The brainchild of former ECP secretary Ishtiak Ahmad Khan, the wing failed to take off after […]

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Manfred Galdes, the former director at the Financial Intelligence Analysis Unit has been appointed CEO and director of ARQ Group’s compliance and anti-money laundering branch. The ARQ Group is a multi-disciplinary professional services organisation set-up in joint venture between the founding partners of Capstone Group and those of law firm Fenech Farrugia Fiott Legal. Dr Galdes […]

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In this interview with Professor Patrice Lumumba, a  former  Director of Anti-Corruption Commission in Kenya and the Director of the Kenya School of Law, he discusses the challenges of fighting corruption. Lumumba, who was on Channels Television, expresses the hope that with a  sustenance of the momentum in President Muhammadu Buhari’s fight against corruption, the […]

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Home » Top Stories » NAVEED BUTT Pakistan Peoples’ Party (PPP) has decided to start a mass mobilisation campaign against the Pakistan Muslim League-Nawaz (PML-N) government from October 18 in the event that the ruling party shoots down its Panama Papers (Inquiry and Trial) Bill, 2016 in the National Assembly, it is learnt. According to […]

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However, the latest probe comes on the back of another investigation into the LuxLeaks affair, which exposed “sweetheart” deals given by Luxembourg — allowing hundreds of companies to use taxation devices to reduce their tax liabilities in other member states. Despite taking evidence for several months, the LuxLeaks investigation has, so far, failed to put an end to the schemes. The original investigation — known as TAXE 1 — […]

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In this interview with Professor Patrice Lumumba, a  former  Director of Anti-Corruption Commission in Kenya and the Director of the Kenya School of Law, he discusses the challenges of fighting corruption. Lumumba, who was on Channels Television, expresses the hope that with a  sustenance of the momentum in President Muhammadu Buhari’s fight against corruption, the […]

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ISLAMABAD: Pakistan Tehrik-e-Insaf (PTI) Chairman Imran Khan has threatened to shut Islamabad and not the Nawaz Sharif government to function after Muharram if the prime minister did not present himself for accountability on account of the offshore companies. The PTI chief said he would have launched a sit-in at the rally place right from today […]

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