Section: Independent Online (South Africa)
Panama raids Mossack Fonseca office
Panama’s attorney general has raided the offices of the Mossack Fonseca law firm to search for any evidence of illegal activities. ||| Panama City – Panama’s attorney general late on Tuesday raided the offices of the Mossack Fonseca law firm to search for any evidence of illegal activities, authorities said in a statement. The...
Concern as ‘Red Cross’ appears in #PanamaPapers
Aid groups voiced concern about the revelation that the name of the Red Cross had been usurped in shady financial dealings. ||| London – Some of the world’s biggest aid agencies voiced concern on Monday that they may be further exposed to risk from the murky world of offshore finance after the latest release of the Panama Papers...
Russian cheese lovers find way round import ban
Entrepreneur finds a way to supply Italian parmesan, Dutch Gouda and British Cheddar to cheese connoisseurs in Russia. ||| Moscow – An entrepreneur has found a way to supply Italian parmesan, Dutch Gouda and British Cheddar to cheese connoisseurs in Russia, side-stepping a ban on importing European food that the Kremlin imposed in the...
#PanamaPapers: Europe’s banks face scrutiny
Banking watchdogs across Europe are checking whether lenders have ties to a massive document leak from Panama. ||| Geneva – Banking watchdogs across Europe have begun checking whether lenders have ties to a massive document leak from Panama that showed how offshore companies are used to stash clients’ wealth. Switzerland’s...
Leaked papers: Panama vows review
Panama will form an independent commission to review the country’s financial practices in the wake of the #PanamaPapers scandal. ||| Panama City – Panama said on Wednesday it would form an independent commission to review the country’s financial practices following the leak of information from a local law firm that has...
Ukraine pilot ‘starts dry hunger strike’
Nadiya Savchenko, convicted over the killing of two Russian journalists, began a hunger strike without water, her lawyer said. ||| Ukrainian military pilot Nadiya Savchenko, convicted over the killing of two Russian journalists, began a hunger strike without water on Wednesday to demand her return to Ukraine, her lawyer said.Lawyer Mark Feigin...
#PanamaPapers: Icelandic leader to go
The prime minister of Iceland is the first casualty of the leaked documents from a Panamanian law firm. ||| London/Reykjavik – Iceland’s Prime Minister Sigmundur David Gunnlaugsson is to resign, his party said on Tuesday, becoming the first casualty of leaked documents from a Panamanian law firm which have shone a spotlight on the...
A conversation with Panama’s suddenly notorious lawyers
Days before the shock of the #PanamaPapers, Jurgen Mossack and Ramon Fonseca discussed their eponymous firm with Blake Schmidt. ||| Sao Paulo – For decades now, Jurgen Mossack and Ramon Fonseca have been the go-to guys in Panama for international investors looking to put their money in far-flung places. But even before the world learned...
#PanamaPapers: World figures deny wrongdoing
Revelations in the “Panama Papers” have prompted governments to probe possible financial wrongdoing by the rich and powerful. ||| London/Panama City – Governments across the world began investigating possible financial wrongdoing by the rich and powerful on Monday after a leak of four decades of documents from a Panamanian law firm that...
US Justice Dept reviewing #PanamaPapers
The US Justice Department is reviewing the leaked documents from a Panamanian law firm for evidence of corruption or other violations of US law. ||| Washington – The US Justice Department is reviewing the leaked documents from a Panamanian law firm that reveal the offshore financial arrangements of global politicians and public figures, a...
