Tag: Panama Papers

Saturday, December 17th 2022 - 09:00 UTC
US court finds former Chávez treasurer guilty of collecting bribes

One day after her conviction, US Judiciary authorities Friday released details of the modus operandi whereby a former Hugo Chávez aide and her husband collected over US$ 100 million in bribes
Monday, January 20th 2020 - 08:07 UTC
Africa's richest woman accused of siphoning millions from Angola's oil company

An award-winning investigative team published a trove of files on Sunday allegedly showing how the daughter of Angola's former president - dubbed Africa's richest woman - siphoned hundreds of millions of dollars of public money into offshore accounts.
Tuesday, January 2nd 2018 - 11:13 UTC
Panama Papers enable tax authorities worldwide to recoup US$ 500 million

More than US$500 million has been recouped by tax authorities worldwide after the Panama Papers revelations, first published in April 2016. Spain alone collected US$122 million after an investigation into the affairs of tax residents who had stockpiled money offshore. Among the countries represented in the Panama Papers data, a total of 15 – on three continents – have publicly commented on the amount of taxes recovered by tax authorities.
Monday, November 6th 2017 - 07:34 UTC
Paradise Papers reveal how the rich and famous, corporations and individuals evade taxes

Some 400 reporters from 67 countries have scoured 13.4 million secret documents and uncovered tax-evasion techniques used by the super rich and high-ranking politicians, German media reported on Sunday.
Thursday, October 19th 2017 - 20:12 UTC
Killing of Maltese journalist sends shockwaves across the European Union

The killing of Maltese journalist Daphne Caruana Galizia sent shockwaves across Europe a day after her car exploded near her home, prompting the European Commission to condemn it in the “strongest possible terms”.
Monday, February 13th 2017 - 10:59 UTC
Panama Papers office raided as part of the Petrobras/Odebrecht investigation

The offices of Mossack Fonseca, the law firm at the centre of the Panama Papers leak, were raided on 9 February as part of an ongoing investigation into Brazil's biggest corruption scandal, the so called Operation Carwash (“Lava Jato” in Portuguese) involving the state-run oil company Petrobras.
Monday, June 27th 2016 - 06:53 UTC
Panama opens long-delayed US$ 4.5bn canal expansion: massive litigations looming

Panama opened the long-delayed US$5.4 billion expansion of its shipping canal amid cheering crowds on Sunday, despite looming economic uncertainty in the shipping industry and a heated battle over billions in cost overruns.
Friday, May 13th 2016 - 08:49 UTC
Anti corruption summit turns the spotlight on rich countries banks and real estate brokers

Thursday’s world summit on fighting corruption was a time for Britain and the United States to look at their own policies and their role as shelters for billions of dollars stolen by corrupt politicians in developing countries.
Wednesday, May 11th 2016 - 14:03 UTC
Panama Papers are becoming an additional challenge for President Macri

Argentine Federal Judge Sebastian Casanello has sent legal requests to Uruguay, United Kingdom, Ireland, Panama and Brazil, and likewise ordered local financial institutions in the country to provide data on the Macri family accounts as part of an ongoing investigation of the Argentine president overseas assets in so called tax havens, which emerged from the latest release of Panama Papers by the International Consortium of Investigative Journalists.
Wednesday, May 11th 2016 - 12:29 UTC
Prominent economists call for global tax transparency arguing poor countries are the biggest losers

New global rules forcing companies to report taxable activities country-by-country publicly have been called for by a group of 300 prominent economists. In a letter to world leaders, the group urges the UK to “take a lead” in the push for more tax transparency and argues that poor countries are the biggest losers from tax havens.