admin

ISLAMABAD – Senate Chairman Raza Rabbani on Sunday rejected the possibility of heading a parliamentary commission constituted to probe revelations made in the Panama Papers earlier this month. Responding to Leader of Opposition in the National Assembly Khursheed Shah’s assertion that the senate chairman was the most suitable person to head the commission, Rabbani said […]

by

To save articles or get newsletters, alerts or recommendations – all free. Don’t have an account yet?Create an account » Subscribed through iTunes and need an NYTimes.com account?Learn more » … read more at: http://www.nytimes.com/2016/04/06/opinion/the-panama-papers-sprawling-web-of-corruption.html

by

Hillary Clinton recently blasted the hidden financial dealings exposed in the Panama Papers, but she and her husband have multiple connections with people who have used the besieged law firm Mossack Fonseca to establish offshore entities. Among them are Gabrielle Fialkoff, finance director for Hillary Clinton’s first campaign for the U.S. Senate; Frank Giustra, a […]

by

World Bulletin / News Desk Spain’s industry minister resigned Friday after he was named in the Panama Papers and other media revelations that claimed he had links to offshore firms, the latest political victim from the global scandal. Jose Manuel Soria said in a statement that he had tendered his resignation “in light of the […]

by

George Osborne has called for the creation of an international blacklist of tax havens and for the global community to deploy clear sanctions against any country – including British overseas territories and crown dependencies – that continue to facilitate tax evasion. The chancellor on Friday called on other world leaders at the International Monetary Fund’s […]

by

The World Bank has described tax evasion as a serious impediment in the fight against poverty across the globe. The bank’s president Jim Yong Kim said tax evasion through international tax havens and other international illicit transfers of money undermine the fight against global poverty.. “This is a great, great concern,” Kim said as he […]

by

The government has ordered the Tax Compliance Unit to start an investigation into possible tax evasion by Pierre Sladden and his company Redmap Ltd, as the fallout continues from the Panama Papers. According to the latest revelations in the Panama documents, officials of auditing firm Nexia BT were last year making arrangements with Mossack Fonseka […]

by

If you wonder about high taxes in the U.S. and around the world, take a look at some of the lessons of the so-called Panama Papers. The easiest one is that bank- and corporate-secrecy laws make it possible to hide income and wealth—whether earned in criminal enterprises or legitimately—from local tax collectors. As President Barack […]

by

Spain’s industry minister resigned Friday after he was named in the Panama Papers and other media revelations that claimed he had links to offshore firms, the latest political victim from the global scandal. Jose Manuel Soria said in a statement that he had tendered his resignation “in light of the succession of mistakes committed along […]

by

Saba Like the Halliburton and Siemens scandals, some Nigerians were named in the Panama Papers leak. But some Nigerians already doubt that such persons will be investigated based on past events. GBENRO ADEOYE writes It now seems certain for Nigerians to make any list of persons connected to an international scandal and the leaked Panama […]

by