Corruption

Although the size and scale of the Panama Papers leak was shocking, the offshore dealing they revealed was hardly a surprise. After all, many organisations, including Transparency International, Global Witness, Action Aid, Christian Aid, Corruption Watch, and Tax Justice Network have long expressed their concerns about money laundering and the role of enablers. The Panama […]

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Wikimedia Commons Panama papers Panama Papers scandal Posted: Monday, April 11, 2016 1:00 am | … read more at: http://www.laloyolan.com/opinion/panama-papers-highlight-corruption/article_8f13f82e-3ea4-5356-aa5d-7c430a428b48.html

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nevodka | Shutterstock.com Who shall doubt ‘the secret hid Under Cheops‘ pyramid‘ Was that the contractor did Cheops out of several millions? The message of Rudyard Kipling’s poem is that corruption is always with us and has not changed much down the ages. There is some truth in this, but degrees of corruption greatly matter, as the […]

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On the face of it, the Panama Papers don’t look good for Russia. Reporters investigating the huge leak of financial data from a Panamanian legal firm have suggested that up to $2 billion in offshore bank accounts could be linked to a circle of friends closely associated with President Vladimir Putin. For many, this information […]

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David Cameron is due to host a much-heralded anti-corruption summit in May. In the wake of the Panama Papers revelations, this provides a crucial opportunity for the UK to get its own house in order. Last year, Cameron said the UK would not be a haven for dirty cash. Here, the British branch of respected […]

St Petersburg, Russia:  Russian President Vladimir Putin said a friend of his named in the “Panama Papers” leaks had done nothing wrong and spent the money he earned from business on buying expensive musical instruments which he was donating to public institutions. Media reports based on the leaked documents from a Panama-based law firm alleged […]

In the aftermath of the International Consortium of Investigative Journalists’ (ICIJ) release of the so-called Panama Papers—a massive leaked database of documents from offshore law firm Mossack Fonseca—it’s become public knowledge how many powerful people, including world leaders, have kept, circulated, and hidden away huge sums of money using tax havens. The leak proves that […]

  Africa’s not the only corrupt continent. That message is the silver lining for Africans in the Panama Papers scandal — a collection of documents linking 143 politicians (and their family members and cronies) to outrageous sums of stolen cash hidden in a topsy-turvy network of offshore bank accounts and shell companies. Yes, Africans are […]

President hit out at leak of 11.5million files from a Panama-based law firm Said cellist Sergei Roldugin had built vast off-shore business empire so he could buy expensive musical instruments to donate to public institutions Claimed there was ‘no element of corruption’ and he was a ‘proud’ friend By Reuters and Flora Drury For Mailonline […]

A sophisticated global sewer system of law firms and banks located in accommodating locales serves the dirty financial demands of corrupt political leaders and their cronies. The so-called Panama Papers, obtained via leak by the International Consortium of Investigative Journalists, provide an astonishingly detailed look at this mucky system. The ICIJ is Washington-based non-profit organization […]