Section: Pakistan Today (Pakistan)
Wikileaks to Panama Papers: Biggest leaks in recent times
The Panama Papers have sent shock waves across the world and many implicated in the leaked documents are trembling. This is the latest and biggest revelation of state and economic secrets since the whistleblower website WikiLeaks began using the Internet to break new ground in social activism. Here is a recap of all the major leaks in recent...
Panama Papers: President Obama calls for international tax reforms to curb tax evasions
In a response to Panama leaks, US President Barack Obama on Tuesday called for international tax reforms to avoid tax evasions as revealed in Panama Papers. “There is no doubt that the problem of global tax avoidance generally is a huge problem,” he told reporters at the White House. “The problem is that a lot of this stuff is legal, not...
World figures deny wrongdoing as ‘Panama Papers’ turn spotlight on tax avoidance
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 specialized in setting up offshore companies. The “Panama papers” revealed financial arrangements of global politicians and public figures including friends of...
Panama Papers: What are they, who is involved and why are they important?
Courtesy Independent Heads of state, politicians, celebrities and criminals have been named in a huge cache of leaked files exposing almost 40 years of intricate methods to make use of offshore assets. Iceland’s Prime Minister is among those facing calls to resign over the revelations, which implicate individuals in more than 200 countries...
Panama Papers: Huge tax leak exposes Putin aides, world leaders, stars
A massive leak of 11.5 million tax documents has exposed the secret offshore dealings of aides to Russian president Vladimir Putin, world leaders and celebrities including Barcelona forward Lionel Messi. An investigation into the documents by more than 100 media groups, described as one of the largest such probes in history, revealed the hidden...
Panama Papers: List of Pakistani politicians, businessmen who own companies abroad
A massive collection of leaked documents including details about offshore companies operating in multi-layered secrecy has revealed names of people from around the world, including Pakistani politicians, businessmen, bankers as well as a serving high court judge and a retired judge. The News conducted a year-long investigation and obtained access...
Panama Papers: Imran urges NAB to take action against PM Nawaz, his family
In a response to the Panama leaks, Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Monday urged the National Accountability Bureau, the Federal Bureau of Revenue (FBR) and the Election Commission of Pakistan to take action against Sharif family. Khan posted a message on Twitter, stating: “Our stance vindicated again as Sharif’s wealth...
Panama Papers: Leaked tax documents expose secret offshore dealings of world leaders and stars
A massive leak of 11.5 million tax documents on Sunday exposed the secret offshore dealings of aides to Russian President Vladimir Putin, world leaders and celebrities including Barcelona forward Lionel Messi. An investigation into the documents by more than 100 media groups, described as one of the largest such probes in history, revealed the...
After Brussels, leaders tackling threat of nuclear terrorism
Still reeling from attacks in Brussels and Paris, world leaders are wrestling this week with the chilling prospect of the Islamic State group or other extremists unleashing a nuclear attack on a major city. Preventing terrorists from obtaining nuclear materials is the central focus as President Barack Obama hosts leaders from roughly 50 countries...
Nuclear terrorism fears loom over Obama’s final atomic summit
Just as fears of nuclear terrorism are rising, US President Barack Obama’s drive to lock down vulnerable atomic materials worldwide seems to have lost momentum and could slow further. With less than 10 months left in office to follow through on one of his signature foreign policy initiatives, Obama will convene leaders from more than 50...
