Money Laundering

By Sajjad Hussain Islamabad, Sep 25 Pakistan Finance Minister Ishaq Dar today appeared before an accountability court here in connection with the Panama Papers scandal and submitted surety bonds worth Rs 1 million to secure his bail. The court, which is hearing graft cases filed by the National Accountability Bureau (NAB) on September 8 against […]

by

The European Commission is keeping tabs on Malta’s failure to implement the EU’s latest anti-money-laundering rules, The Sunday Times of Malta has learnt. Malta was supposed to transpose the latest EU rules aimed at combating money laundering and terrorist financing by June 26. The government’s failure to do so has led the European Commission to […]

by

New Delhi, Sep 22 Following are the top foreign stories at 1700 hours: FGN8 UN-INDIA-LD PAK United Nations: India today ripped into Pakistan, describing it as “terroristan” and a land of “pure terror” that hosts a flourishing industry to produce and export global terrorism. By Lalit K Jha FGN15 UN-PAK-LD KASHMIR United Nations: Pakistan Prime […]

by

As America braced itself for Hurricanes Harvey and Irma in the past few weeks, the cryptocurrency world endured its own massive storm. Though prices are rising once again, the most popular digital currency, Bitcoin, plummeted on news that China shuttered all cryptocurrency exchanges, and JP Morgan Chase Chairman Jamie Dimon threatened to fire any of […]

by

As America braced itself for Hurricanes Harvey and Irma in the past few weeks, the cryptocurrency world endured its own massive storm. Though prices are rising once again, the most popular digital currency, Bitcoin, plummeted on news that China shuttered all cryptocurrency exchanges, and Citibank Chairman Jamie Dimon threatened to fire any of his traders […]

by

PUNJAB Law Minister Rana Sanaullah Khan insists PML-N is not talking against the institution of the judiciary. LAHORE: Punjab Law Minister Rana Sanaullah has urged the Chief Justice of Pakistan to take notice of the alleged use of the Supreme Court name for political purposes. Talking to journalists here on Tuesday, he criticised the opposition, […]

by

Addressing Corruption with Clarity By Christine Lagarde, IMF Managing Director Brookings Institution, Washington, DC, September 18, 2017 September 18, 2017 Introduction Thank you, Norm, for your generous introduction and for helping organize today’s forum. My thanks go as well to the Brookings Institution, the IFC, and the Partnership for Transparency Fund — in particular Frank […]

by

The court has ruled that the appeal against a magistrate’s decision to launch an investigation into alleged money laundering by minister Konrad Mizzi and the prime minister’s chief of staff Keith Schembri, amongst others, will be heard in public. Magistrate Ian Farrugia had decided there was enough prima facie evidence to launch an investigation, following […]

by

In the decade since the financial crisis, public anger has simmered over the way rich individuals and corporations game the international financial system to avoid paying their fair share. In Britain, those ploys include the tax-minimization schemes of companies like Starbucks and Amazon and are symbolized by the corrupt officials — Nigerian ministers, ex-Soviet insiders, […]

by

picks@whowhatwhy.org. Single-Payer Movement Shows: Life After Trump May Not Suck (Jimmy) Matt Taibbi writes, “In the pre-Trump universe, a Medicare-for-all bill would have had no chance of passage. But now that the hated Trump has come out against it, and moreover since Democrats were forced to argue during the Trumpcare debate that leaving people uncovered […]

by

This article was originally published by the Council on Foreign Relations (CFR) on 7 September 2017. The Panama Papers leak of eleven million documents in April 2016 revealed that former Iraqi Prime Minister Ayad Allawi, the brother-in-law of Chinese President Xi Jinping, longtime friends of Russian President Vladimir Putin, drug kingpins, and even a soccer […]

by