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Panama Papers

AP Photo/Matt Dunham

Pakistan’s Lawmakers to Replace Prime Minister, Opposition Denounces ‘Monarchy’

Pakistan’s parliament is set to elect a new prime minister on Tuesday, replacing fallen PM Nawaz Sharif after he was ruled ineligible for public office by the country’s highest court. Opposition leaders complain the parliamentary “election” is a sham in which the ruling party will appoint a placeholder until they can install Sharif’s brother Shahbaz as the new prime minister.

Nawaz Sharif

Pakistani Prime Minister Nawaz Sharif Disqualified from Public Office

The Panama Papers scandal claimed a very big scalp on Friday as Pakistani Prime Minister Nawaz Sharif was forced to resign from office. His downfall may be encouraging for anti-corruption crusaders, but it could also have troubling implications for regional stability.

Mossack Fonseca -- Panama Papers

Mossack Fonseca Files Suit over ‘Panama Papers’ Leak

As Mossack Fonseca representatives like to say, just about every time the subject is raised, the only person or entity in the “Panama Papers” story who is unquestionably guilty of a crime is the anonymous individual who stole their data.

Money Laundering Network

IMF: World Cost of Bribes up to $2 Trillion Annually

The International Monetary Fund (IMF) released a report Wednesday finding that annual cost of bribes paid in both developing countries and advanced economies amounts to $1.5 to $2 trillion globally.

Panama Papers -- The website of the Mossack Fonseca law firm is pictured in this file illustration picture taken April 4, 2016. REUTERS/REINHARD KRAUSE/ILLUSTRATION/FILE

‘Panama Papers’ Source Writes Manifesto Against ‘Income Inequality’

The anonymous source for the “Panama Papers” leak – described by the International Consortium of Investigative Journalists as a “whistleblower,” although the Mossack Fonseca law firm of Panama would say “thief” is a better word – has written a lengthy manifesto, reprinted in full by the ICIJ.

REUTERS/ZOHRA BENSEMRA

Pakistan: Opposition Party Calls for Military Probe into Panama Papers

Pakistan Awami Tehreek (PAT), a small right-wing opposition party, has reportedly demanded that the Pakistani Army lead the investigation into corruption allegations against embattled Prime Minister Nawaz Sharif and his family highlighted in the Panama Papers leak.

Emma Watson

Taxidius Avoidus: Emma Watson’s Dirty Secret

Emma Watson is the latest celebrity to be exposed in the Panama Papers leaks. Apparently she keeps chunks of her estimated $70 million fortune stashed away in an offshore company in the British Virgin Islands. Personally, I am more than

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Panama Braces For Online Release Of Panama Papers

The Panama Papers scandal promises to deepen around the world on Monday when a journalists’ group with access to the digital cache of documents is to put many of them online. The International Consortium of Investigative Journalists (ICIJ) is to

RUSSIAN FEDERATION, SAINT PETERSBURG : CORRECTION / A picture taken on November 21, 2009 shows then Russia's Prime Minister Vladimir Putin (front) and Russian cellist Sergei Roldugin, artistic director of the St. Petersburg House of Music, visiting the house, formerly a palace owned by Grand Duke Alexei Romanov, in St. …

Putin Pal Sergei Roldugin Holds Concert in Liberated Palmyra, Syria

On Thursday, the Syrian city of Palmyra, which was recently recaptured from the Islamic State, hosted a concert by Russian cellist Sergei Roldugin – who is more famous for his friendship with Russian president Vladimir Putin, and his role in the “Panama Papers” story, than his music career.

Police stand guard outside the Mossack Fonseca law firm offices in Panama City during a raid on April 12, 2016

Attorney General of Panama Orders Raid on ‘Panama Papers’ Law Firm

The now-infamous “Panama Papers” law firm Mossack Fonseca was raided by Panama itself. According to Reuters, the raid went down on Tuesday, with the national police force stating that it sought documentation that “would establish the possible use of the firm for illicit activities.”

Panama Papers

Authorities Raid Law Firm In Panama Papers Tax Dodging Scandal

Police have raided the headquarters of the Panamanian law firm whose leaked Panama Papers revealed how the world’s wealthy and powerful used offshore companies to stash assets. Police with an organized crime unit carried out the raid at Mossack Fonseca

Panama, Panama City : PANAMA CITY, PANAMA - APRIL 07: The sign in front of the building that houses the law firm Mossack Fonseca & Co is seen on April 7, 2016 in Panama City, Panama. The law firm, which specializes in setting up offshore companies, is at the center …

Peru, El Salvador Raid Offices of ‘Panama Papers’ Law Firm

The “Panama Papers,” a trove of documents taken from Panamanian law firm Mossack Fonseca, have triggered raids by the government of El Salvador against the local Mossack Fonseca office, while Peruvian authorities raided the home of an executive of the firm.

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Iceland Shocked By Elite’s Love Of Offshore Holdings

(AFP) – Cabinet ministers, bankers and CEOs: the offshore companies at the heart of the leaked Panama Papers have drawn large numbers of Iceland’s elite into a scandal that has already brought down the country’s premier. The documents from the

JUAN MABROMATA/AFP/Getty Images

Argentina’s Iran-Friendly Former President May Be Indicted for Money Laundering

Former President of Argentina Cristina Fernández de Kirchner may be indicted in a sprawling money laundering case should the judge presiding accept federal prosecutor Guillermo Marijuan’s request to bring her into the investigation. Kirchner will be testifying regarding a separate case on Wednesday.

tax avoidance

David Cameron Releases Tax Summary Amid Offshore Tax Avoidance Row

British Prime Minister David Cameron on Sunday released his tax details in a bid to head off a row over his father’s offshore business, and announced a new taskforce to scrutinise the so-called Panama Papers. Hundreds of demonstrators rallied outside

Partner of the Panama-based law firm Mossack Fonseca, Ramon Fonseca speaks during an interview at his office in Panama City, Thursday, April 7, 2016. Fonseca, a co-founder of Mossack Fonseca, one of the world's largest creators of shell companies, said that documents investigated by the ICIJ were authentic and had …

Founder of Panama Papers Firm: ‘We Prefer Not to Have American Clients’

The co-founder of Mossack Fonseca, the Panamanian law firm at the center of the “Panama Papers” data leak, has a simple explanation for why few Americans have been among the clients exposed by the scandal: the firm preferred to seek customers in other parts of the world.

Russian President Vladimir Putin fired off an angry tirade against Turkey on December 17, 2015 ruling out any reconciliation with its leaders and accusing Ankara of shooting down a Russian warplane to impress the United States.

Putin Denies Panama Papers’ Claims Of Corruption In Inner Circle

Russian President Vladimir Putin on Thursday denied any “element of corruption” after the Panama Papers claimed his cellist friend Sergei Roldugin ran a $2-billion offshore empire, adding that his own name is not in the documents. Putin also claimed that

Getty

Panama Papers Scandal Hits the Clinton Campaign

Hillary Clinton’s campaign chairman, John Podesta, has ties to Russia’s Sberbank, which has been implicated in the “Panama Papers” tax-avoidance scandal.

AP Photo

China’s Anti-Corruption Crusade Crashes into the Panama Papers

Search the Internet for “China” and “corruption” today, and you’ll be swamped with links to the Panama Papers story, in which Chinese officials and their families were among the many world leaders revealed to have millions of dollars socked away in overseas accounts. (That’s assuming you perform your web search outside the grasp of Chinese censors, of course.)