By William Shaw Law360, London (January 30, 2017, 8:30 PM GMT) — A major European Parliament committee will next month investigate the role played by lawyers, accountants and bankers in the tax evasion networks revealed in last year’s Panama Papers leaks, the European Union legislative body said Monday. The Committee of Inquiry into Money Laundering, […]

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The Isle of Man is a well-known tax haven (otherwise known as an “international financial center”), with its financial services sector (banking, insurance, other finance and business services, legal and accounting services, and corporate services) accounting for 37.8 percent of its gross domestic product. However, the latest report from the Council of Europe’s expert committee on money laundering and the financing of terrorism (MONEYVAL) […]

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ISLAMABAD – The Supreme Court of Pakistan adjourned hearing a slew of petitions seeking a probe into Panama papers till Tuesday. The five-member larger bench discussed the alleged money laundering by Sharif family and Ishaq Dar in the purview of latter’s confessional statement. National Accountability Bureau (NAB) submitted details regarding the confessional statements of Ishaq Dar […]

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The State’s anti-money laundering agency, which conducted an investigation related to the Panama Papers, is still without a head after the departure of Manfred Galdes nearly eight months ago. While Finance Minister Edward Scicluna has stated that the new director of the Financial Intelligence Analysis Unit (FIAU) has been selected, his or her identity is […]

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ISLAMABAD – The Supreme Court of Pakistan resumed hearing a slew of petitions seeking a probe into Panama papers here on Monday. The five-member larger bench is expected to discuss the alleged money laundering by Sharif family and Ishaq Dar in the purview of latter’s confessional statement. National Accountability Bureau (NAB) submitted details regarding the confessional statements […]

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Finance Minister Edward Scicluna snubbed an invitation to appear before a Panama Papers inquiry committee meeting held in Brussels yesterday. Speaking during the committee meeting, Greens MEP Sven Giegold lamented that the European Council had effectively made an agreement not to cooperate with the committee. Mr Giegold, a fierce critic of Malta’s tax regime, theorised […]

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Armenia’s Special Investigative Service (SIS) said Wednesday it stopped investigating the offshore accounts of former Major General of Justice Mihran Poghosyan after Swiss and Panamanian authorities refused to help the probe into Panama Papers revelations.   Mihran Poghosyan was Armenia’s Chief Compulsory Enforcement Officer until he resigned following the release of the Panama Papers (Photo: […]

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The writer served as Executive Editor of The Express Tribune from 2009 to 2014 Revelations of tax-evasion and money-laundering networks on a global scale in the so-called Panama Papers helped make the world appear more corrupt last year, according to graft watchdog Transparency International. The Berlin-based organisation said there were more falling scores than rising […]

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A German newspaper has reaffirmed its earlier revelation regarding Prime Minister Nawaz Sharif’s daughter Maryam Nawaz’s involvement in Panama Papers scandal. The publication has uploaded more documents linking Prime Minister Nawaz Sharif’s daughter, Maryam Nawaz, to the offshore company, which owns Park Lane flats in London. For those in Pakistan who doubt the role of […]

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A German newspaper has reaffirmed its earlier revelation regarding Prime Minister Nawaz Sharif’s daughter Maryam Nawaz’s involvement in Panama Papers scandal. The publication has uploaded more documents linking Prime Minister Nawaz Sharif’s daughter, Maryam Nawaz, to the offshore company, which owns Park Lane flats in London. For those in Pakistan who doubt the role of […]

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Nationalist MEP David Casa was chided by the chair of a European Parliament committee, when once again he opted to dedicate his brief intervention to Panama Papers and “Malta’s corrupt government”. The Nationalist MEPs have taken it upon themselves to… read more at: http://www.maltatoday.com.mt/news/europe/73823/casa_takes_unkindly_to_swedish_socialists_scolding_on_panama_question

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ISLAMABAD – The Supreme Court of Pakistan has adjourned hearing a slew of petitions seeking a probe into Panama papers till Monday. The five-member larger bench discussed the confessional statement of Ishaq Dar regarding money laundering and instructed NAB to provide all details regarding Ishaq Dar’s confessional statement from 2000 against Nawaz Sharif on the […]

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ISLAMABAD – The Supreme Court of Pakistan has adjourned hearing a slew of petitions seeking a probe into Panama papers till Monday. The five-member larger bench discussed the confessional statement of Ishaq Dar regarding money laundering and instructed NAB to provide all details regarding Ishaq Dar’s confessional statement from 2000 against Nawaz Sharif on the […]

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