Money Laundering

Tax breaks a la Panama Papers not for everyday Kiwis What’s the New Zealand link to the Panama Papers? The infamous Panama Papers have brought to light some of New Zealand’s legal loopholes – so can you get a tax break like the super-rich? Under New Zealand law, someone who is not a New Zealand resident can […]

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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 […]

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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 […]

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The Panama paper scandal has taken the world by storm. The investigative journalism reports that have named several global politicians, world leaders, celebrities and businessmen have made a substantial revelation amongst the larger part of the world. The International Consortium of Investigative Journalists has carried out a groundbreaking and path defining investigation in trying to […]

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Panama Papers: What are they are why should we care? What’s the New Zealand link to the Panama Papers? What do you get when you take billions of dollars in cash and assets, tuck it away in secret offshore trusts, throw in some of the world’s rich, famous and powerful, and then make all the details public? An […]

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PANAMA CITY – Prosecutors raided the offices of the Mossack Fonseca law firm Tuesday, looking for evidence of money laundering and financing of terrorism following a leak of documents about tax havens it set up for wealthy international clients. Half a dozen police officers set up a perimeter around the offices while prosecutors searched inside […]

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“For these measures to have teeth, the government must force the U.K.’s tax havens to set up the same registers, or we simply move the secrecy offshore.” Chido Dunn, senior campaigner at NGO Global Witness said to CNBC via email. Rachel Davies, head of U.K. advocacy and research at the U.K. arm of the global […]

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aNewDomain — Mossack Fonseca, the multinational law firm at the center of the multi billion dollar Panama Papers money laundering scheme revealed by hackers last week, did a lot more for its clients than just create offshore shell companies for them. The firm also offers, or offered, extensive document storage, retrieval and “money-laundering protection” services to […]

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The scale of tax avoidance and money laundering revealed in the Panama Paper leaks run into the several hundreds of billions of dollars and contains the details and names of hundreds of powerful and influential people from across the world. The impact of these revelations is already visible: mass protests in Iceland have forced the […]

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Panama’s President Juan Carlos Varela assured his French counterpart Francois Hollande today his country was committed to cooperating in the fight against money laundering, his office said. Varela, whose government is reeling from the so-called Panama Papers leaks, spoke with Hollande by phone after France said it was putting his country back on its list […]

A suspected money laundering ring involving close associates of Vladimir Putin has been uncovered in a leak of confidential documents. The billion-dollar operation was run by Bank Rossiya, which is subject to US and EU sanctions following Russia’s annexation of Crimea. Evidence seen by BBC Panorama reveals for the first time how the bank operates. […]