Section: Malaysia
Panama raids Mossack Fonseca property, seizes shredded papers
PANAMA CITY: Panamanian investigators on Friday raided a property used by Mossack Fonseca, the law firm at the center of a massive leak of offshore financial data, removing bags full of shredded documents as evidence, a local prosecutor said. “We have secured a large amount of evidence found in the location,” said organized crime investigator...
Report blames deadly Air Algerie crash on pilot errors
LE BOURGET: The Air Algerie crash that killed 116 people in the Mali desert in 2014 was caused by the pilots failing to activate the plane’s anti-icing system and not responding properly when the plane stalled, investigators said Friday. The McDonnell Douglas MD-83 crashed in northern Mali in bad weather, barely half an hour into its flight...
Russia says grants Ukraine request to delay Eurobond case defence
MOSCOW (Reuters) – Russia agreed to give Ukraine extra time to file its defence over a $3 billion (2 billion pounds) debt owed to Moscow so Kiev can “soberly” assess the situation, Russian Finance Minister Anton Siluanov said on Friday. …read more Source: The...
New Ukrainian finance minister apologises for offshore declaration error
KIEV (Reuters) – Ukraine’s Finance Minister Oleksandr Danyliuk, who has come under fire over alleged offshore assets, apologised on Thursday for failing to declare that he was director of two firms in Cyprus and one in the Cayman Islands while in public office. …read more Source: The...
EU wants reforms from new Ukraine government within 100 days
KIEV (Reuters) – The new Ukrainian government must use its first 100 days in office to implement reforms needed to secure 600 million euros in new aid, European Union Commissioner Johannes Hahn said on a visit to Kiev on Thursday. …read more Source: The...
In new Ukraine, old clan ties propel 'boy' prime minister's rise
KIEV (Reuters) – The rapid rise of a former provincial mayor to become Ukraine’s youngest ever prime minister has stirred fears that the very system of clannish oligarchy that the 2014 Maidan street protests were meant to dismantle is still alive and well. …read more Source: The...
Russia needs to quit Ukraine before sanctions talks begin, says Poroshenko
BUCHAREST (Reuters) – No talks on lifting Western sanctions against Russia should take place until Moscow completely withdraws its military presence from Ukraine, President Petro Poroshenko said on Thursday. …read more Source: The...
Nato-Russia talks end in ‘profound disagreements’
BRUSSELS: Nato and Russia ran up against “profound disagreements” over Ukraine and other issues as their ambassadors met on Wednesday for the first time since 2014, alliance chief Jens Stoltenberg said. The two sides agreed to keep communicating following the meeting of the Nato-Russia Council, which has been on ice since the alliance...
Panama Paper: US opens criminal probe linked to revelations
WASHINGTON: The US Justice Department has opened a criminal investigation involving the leaked Panama Papers on offshore shell companies, according to an official letter to the group that brought the records to light. The letter from the office of Manhattan US Attorney Preet Bharara, obtained by AFP Wednesday, asks to discuss the investigation...
Russia says court to consider issue of Savchenko's repatriation – RIA
MOSCOW (Reuters) – The Russian Justice Ministry said on Wednesday a court would consider the issue of repatriating Ukrainian pilot Nadezhda Savchenko, RIA news agency reported. …read more Source: The...
