Panama

Panama Needs New Anti-Corruption Laws To Combat Tax Dodgers

By Hugh Bronstein Nov 21 – Panama can remain a competitive financial center while cracking down on tax evaders and other criminals who have used the country to launder money, according to the panel formed by the government after the “Panama Papers” scandal broke in April. The five-member “Committee of Independent Experts”, including a former

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Pakistan PM to Address Parliament After Opposition Boycott Over Panama Leaks

By Mehreen Zahra-Malik ISLAMABAD, May 10 – Pakistani Prime Minister Nawaz Sharif will appear before parliament to answer questions on the Panama Papers leak that linked his family to offshore wealth, an official said on Tuesday, after lawmakers walked out of the assembly. Leaked documents from the Mossack Fonseca law firm in Panama last month

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Panama Seizes Mossack Fonseca Files, Makes No Arrests

PANAMA CITY, April 14 – Panamanian authorities seized scores of digital files after a 27-hour raid on the offices of Mossack Fonseca, the law firm at the center of the “Panama Papers” leaks scandal, but have made no arrests, officials said on Wednesday. The government said it was seeking evidence of any illegal activities at

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Panama Raids Offices of Mossack Fonseca Law Firm

PANAMA CITY, April 13 – Panama‘s attorney general late on Tuesday raided the offices of the Mossack Fonseca law firm to search for any evidence of illegal activities, authorities said in a statement. The Panama-based law firm is at the center of the “Panama Papers” leaks scandal that has embarrassed several world leaders and shone

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Panama to Form Commission to Review Financial Practices

By Christine Murray and Elida Moreno PANAMA CITY, April 6 – Panama said on Wednesday it would form an independent commission to review the country’s financial practices following the leak of information from a local law firm that has embarrassed a clutch of world leaders. “The Panamanian government, via our foreign ministry, will create an

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Panama Papers Probes Opened, China Limits Access to News on Leaks

By Ben Blanchard and Lisa Jucca HONG KONG/BEIJING April 5 – Authorities across the globe have opened investigations into the activities of the world’s rich and powerful after a cache of leaked documents from a Panamanian law firm showed possible wrongdoing using offshore company structures. The “Panama Papers” have cast light on the financial arrangements

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Panama Lawyer at Center of Data Leak Denounces Attack on Privacy

By Elida Moreno PANAMA CITY, April 4 – The head of a Panama-based law firm at the center of a massive leak of offshore financial data on Sunday denied any wrongdoing, and said his firm has fallen victim to “an international campaign against privacy”. German newspaper Suddeutsche Zeitung said it received a cache of 11.5 million leaked documents

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