Panama

They hoped to keep their commercial enterprise non-public, however a number of the sector‘s richestcitizens will instead have their price range opened to prying eyes. exclusive info of extra than two hundred,000 offshore money owed in the Panama Papers — inclusive of the names of as a minimum 625 Canadians — will be revealed the [...]

Russian President Vladimir Putin said on Thursday media reports about offshore accounts in Panama were a “provocation” and the German newspaper behind the leaks was beholden to U.S. bank Goldman Sachs. Putin, speaking at his annual televised phone-in, said United State officials were behind the leaks and media reports were designed to sow doubts about [...]

It is the biggest leak in history, but many have questioned why only a few Americans have been implicated so far. US news outlet Fusion, which was part of theInternational Consortium of Investigative Journalists (ICIJ) that revealed the files, said journalists were able to identify 211 people with addresses in the US who owned companies [...]

Chances are by now you know all the gory details – allegations in the Panama Papers that the super-rich and politically connected, and even some of their relatives, have moved hundreds of thousands of dollars from their own countries into offshore accounts in Panama, Hong Kong and Singapore, amongst other places. A lot of the [...]

The move follows the leak of millions of documents from law firm Mossack Fonseca, showing it helped some clients evade tax and avoid sanctions. Several countries are probing possible financial crimes by the rich and powerful in the aftermath of the leak. President Juan Carlos Varela said Panama would work with other countries over the [...]

Swiss police raided the European soccer body UEFA on Wednesday to seize information about a contract disclosed in the Panama Papers that was signed by Gianni Infantino, now head of the global soccer body FIFA. The impact of the leaked documents from a Panamanian law firm is snowballing, with Iceland facing a political crisis after [...]

The Geneva prosecutor said on Thursday he had launched a criminal inquiry in connection with the Panama Papers, which revealed the use of offshore companies, including many set up by lawyers and financial institutions in the Swiss city. “We have decided to open a procedure in the framework of the Panama Papers affair, but I [...]

PARIS: France will put Panama back on its list of countries that do not cooperate in efforts to track down tax dodgers, finance minister Michel Sapin said in the wake of the Panama Papers revelations. “France has decided to put Panama back on the list of uncooperative countries, with all the consequences that will have [...]

The Panama papers exposed on Monday had irate governments all over the world reacting cautiously, having been thrown into the spotlight suddenly and unpleasantly. More than 11 million documents leaked from the secret files of Mossack Fonseca , a law firm headquartered in tax haven Panama, revealed a list of wealthy and powerful individuals who [...]