comments feedFrom BBC An investigation into the murder of a journalist is mounting unprecedented pressure on Malta’s government. Daphne Caruana Galizia relentlessly investigated corruption, which she alleged ran deep into her country’s politics, before she was killed by a car bomb close to her home in October 2017. Three people are awaiting trial for her murder […]
Daphne Caruana Galizia: The key figures in Malta’s crisis over her murder
November 27, 2019 by Leave a Comment
FDI spurt from Cayman Islands after NSA Ajit Doval’s son registers company in 2016
January 17, 2019 by 1 Comment
Vishwadeepak From National Herald India The younger son of National security Advisor Ajit Doval registered a hedge fund in Cayman Islands, a tax haven, barely 13 days after Prime Minister Narendra Modi demonetised 86% of the Indian currency that was in circulation in November 2016. In a related and curious development, the FDI inflow into […]
‘Dirty money’: U-turn as Tories back plans to make tax havens transparent
May 1, 2018 by Leave a Comment
By Dan Sabbagh From The Guardian UK Government says it will support bill amendment to introduce public ownership registers in Britain’s overseas territories Britain’s overseas territories will have to introduce public ownership registers, after a minister announced the government would support a backbench amendment designed to stem the global flow of “dirty money”. Sir Alan […]
Umno’s stealing binge hits pandemic levels: Mara thieves mimicked Najib’s 1MDB model – enough irrefutable paper trail to ‘hang’ culprits
January 30, 2018 by Leave a Comment
From Malaysia Chronicle Mara corruption in Melbourne property market, assisted by Raine Horne valuers hits headlines in Australia Raine Horne KL embroiled in global corruption scandal prime Melbourne property, corrupt M’sian officials, Panama Papers leak scandal – vastly inflated valuation of 280-room Swanston Street http://www.smh.com.au/federal-politics/political-news/the-australian-building-that-made-almost-20m-for-corrupt-malaysians-20180126-p4yyxd.html Corrupt M’sia money distorts Melbourne market 746 Swanston St. bought […]
Brussels to blacklist UK tax-heaven dependencies
January 15, 2018 by Leave a Comment
From NEOnline | IR British dependencies that are considered tax avoidance heavens may soon be added on the EU’s tax avoidance blacklist, The Independent reports. The first blacklist list was published by the European Commission in December 2017, without including the 17 British dependencies linked with tax avoidance via the Panama Papers scandal. The European […]
Caribbean Tax Havens like Barbados face new pressure, with economic costs
December 19, 2017 by Leave a Comment
By Robert Looney From WPR Public interest in offshore banks and their financial services, particularly in the Caribbean, has risen considerably after revelations in two major leaks known as the Panama Papers and the Paradise Papers. The increasingly common practice of the super-rich, celebrities and political figures using Caribbean countries to shelter their income from […]
First tax havens blacklist published by EU
December 7, 2017 by Leave a Comment
By Jamie Robertson From BBC The European Union has published its first blacklist of tax havens, naming 17 territories including Saint Lucia, Barbados and South Korea. A “watchlist” of 47 countries promising to change their tax rules to meet EU standards has also been issued. The “grey list” includes several with UK links, including Hong […]
Paradise Papers: Nordea loaned billions to tax haven-based shipping firms
November 7, 2017 by Leave a Comment
From yle UUTISET The Nordic’s largest bank Nordea loaned billions of euros to shipping companies whose vessels were registered in tax havens, according to one of Yle’s first reports on the Paradise Papers – the massive data leak of secret documents shared with journalists around the world. The biggest bank in the Nordic countries, Nordea, […]
The Editor speaks: From Panama to Paradise
November 6, 2017 by 1 Comment
Some people think Panama is Paradise but not the law firm of Appleby. Appleby has been described by one media outlet as “The company [Appleby] helps the rich and wealthy to avoid taxes, hide names and even supply directors for shell companies. In a Press Release Appleby said: “Recent media coverage, including the Panorama programme […]
The Editor Speaks: Another breach and another cover up
October 25, 2017 by 1 Comment
Bermuda based Appleby has admitted there has been a breach earlier this year but did not disclose exactly when. It all smells very much like the 2015 Panama Papers case and the UK’s Daily Telegraph said the exposed information could place a high amount of scrutiny on various tax havens used by the rich. The […]
