Section: Africa&ME
Panama Papers Update: Credit Suisse, HSBC dismiss tax avoidance allegations
HSBC and Credit Suisse we.re named among the banks that helped set up complex structures that make it hard for tax collectors and investigators to track the flow of money from one place to another Credit Suisse and HSBC, two of the world’s largest wealth managers, dismissed on Tuesday suggestions they were actively using offshore structures...
Panama Papers Update: Probes opened, China limits access to news on leaks
Following the reports, China has moved to limit local access to coverage of the matter with state media denouncing Western reporting on the leak as biased against non-Western leaders. Authorities across the globe have opened investigations into the activities of the world’s rich and powerful after a cache of leaked documents from a...
Governments Vow to Find Tax Evaders Hiding Offshore Assets
The full extent and implications from a leak of records about offshore bank accounts from a Panamanian firm are not yet clear, and more stories about them are expected in the coming days, but already governments across the world are pledging investigations or denouncing the reports as unfounded attacks. Panama’s President Juan Carlos Varela...
Analysis: Choice of Jewish PM undercuts long-held accusations of state anti-Semitism in Ukraine
Parliamentary speaker Volodymyr Groysman being considered for the job by President Petro Poroshenko. …read more Source: The Jerusalem...
#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...
Everything You Need to Know About the Panama Papers
(adsbygoogle = window.adsbygoogle || []).push({}); What are the Panama Papers? Rabat – The Panama Papers are a leaked set of 11.5 million documents from the database of the fourth largest offshore law firm in the world, Mossack Fonseca. German newspaper Süddeutsche Zeitung has reported that it received the source anonymously over a year ago, and...
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...
World figures deny wrongdoing as Panama Papers turn spotlight on tax evasion
PANAMA CITY // Governments across the world began investigating possible financial wrongdoing by the rich and powerful on Monday following a leak of documents from a Panamanian law firm which allegedly showed how clients avoided tax or laundered money.The documents detailed schemes involving an array of figures from friends of Russian president...
Two Turkish frigates in Ukraine’s Odessa
Two Turkish warships have dropped anchor at the port in the Ukrainian city Odessa on April 3 for a stay of two days …read more Source: Hurriyet Daily...
Panama Papers: huge tax leak exposes world leaders, celebrities
One of the biggest document leaks in history snared world leaders, celebrities and sports stars in a snowballing worldwide scandal Monday over their secretive offshore financial dealings.A year-long worldwide media investigation into a trove of 11.5 million documents, leaked from a Panama-based law firm with offices in 35 countries, exposed a...
