Police Commissioner Lawrence Cutajar would not say whether he still saw no reason to investigate the Prime Minister’s chief of staff, Keith Schembri, and Tourism Minister Konrad Mizzi. The police said in March 2017 there was no reasonable suspicion to even commence an investigation into Mr Schembri’s and Dr Mizzi’s secret offshore companies. Replying to […]

Police personnel stand outside the Federal Judicial Complex in Islamabad. Photo: File  ISLAMABAD: An accountability court adjourned the hearing of Al-Azizia reference against former prime minister Nawaz Sharif till June 12 after the defence lawyer recused himself from representing his client in all three corruption references filed by NAB.  Nawaz and his family members are […]

25 Millionen Euro erhält Dan Gertler noch dieses Jahr von Glencore. Und dies, obwohl ihn die USA nach den Paradise Papers Ende 2017 auf die Sanktionsliste setzten. Der Israeli habe Milliarden angehäuft mit «korrupten Minen- und Öl-Deals in der Demokratischen Republik Kongo», schrieb das US-Finanzministerium. «Gertler hat seine enge Freundschaft mit dem kongolesischen Präsidenten Joseph […]

In a confidential settlement, The Guardian and the BBC agreed to reveal to Appleby what documents may have supported their reporting during the massive Paradise Papers investigation, according to a joint statement from the offshore law firm and the media outlets. Appleby sued the media organisations for their role in the international journalistic expose, which […]

It’s been rough for crypto enthusiasts lately. The heady days of December are quickly fading from memory. When bitcoin approached the $20,000 threshold and a brave new future of digital, decentralized currency not backed by banks or states seemed all but assured. Months of persistent price weakness, exchange hacks and fears that many bitcoin miners […]

Zulfi Bukhari (left) with Imran Khan at Madinah. PHOTO: ZULFI BUKHARI/ TWITTER ISLAMABAD: Syed Zulfikar Abbas Bukhari (Zulfi Bukhari) on Thursday moved the  Islamabad High Court (IHC) against his name being placed on the Exit Control List (ECL). Bukhari, a close associate of Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan, was proceeding to Saudi Arabia alongside the […]

By Teis Jensen COPENHAGEN (Reuters) – Public confidence in Danske Bank DANSKE.CO has dropped since it admitted to failings in its anti-money laundering controls in Estonia, according to a poll, leading investors to urge Denmark’s biggest lender to step up the pace of reform. The percentage of Danes who find the bank credible has fallen […]

The Turkish media’s silence about the Paradise Papers is not a shock to a Turkish audience. Turkey has been ruled under a state of emergency since the aftermath of the failed July 15, 2016 coup. Thousands have been jailed and tens of thousands have lots their jobs under sweeping judicial powers. But even before the […]

The reference stated that the seven bank accounts were opened in Ahmed’s name that was used for the benefit of Dar and his companies as per the investigation conducted so far. PHOTO: FILE ISLAMABAD: An accountability court on Wednesday reserved verdict on the National Bank of Pakistan (NBP) President Saeed Ahmed’s application seeking acquittal from the […]

Invisible hands appear to be at work to manipulate the forthcoming election in Pakistan. The judiciary has sped up work on corruption cases pending against former prime minister Nawaz Sharif’s family and senior leaders of the Pakistan Muslim League-Nawaz (PML-N), ahead of upcoming polls. The Supreme Court on Sunday directed the country’s accountability court to decide […]

On June 7, European Union’s Special Committee on Financial Crimes, Tax Evasion and Tax Avoidance members participated in a workshop on “Taxation and fight against Money Laundering: Crypto Currencies, Digitalization and the European Semester.”    At the workshop Professor Robby Houben presented the legal context of virtual currencies and blockchain and mapped the implications for […]