UK: We can’t rely on leaks to enforce tax policy. Labour will crack down on havens
By Andrew Leigh From The Guardian UK The Paradise Papers show why Labor’s policy to force companies to report their use of tax havens is so necessary Another day, another leak showing dodgy dealings in tax havens. The so-called Paradise…
Caribbean News Events iBusiness iCommunity iCrime iFinance iLocal News iTech iWorld News News Publisher's Choice
Panama Papers-style leak may follow breach of offshore law firm Appleby
By Bradley Barth From SC Magazine An offshore law firm representing wealthy clientele suffered a data breach earlier this year that reportedly is preparing for its sensitive financial information to be publicly leaked, in an incident similar to the 2015…
Adcock Private Equity sues Stephen Porges and wife over Caribbean share dispute
By Vesna Poljak From Financial Review The former boss of Aussie Home Loans, Stephen Porges, is being sued by private equity firm Adcock over a soured deal where he is accused of making false links to the Panama Papers scandal…
‘Solid case’ exists in bribery scandal against Panama Papers law firm
By Will Fitzgibbon From Caribbean News Now PANAMA CITY, Panama (ICIJ) — Mossack Fonseca, the law firm at the heart of the Panama Papers affair, sold shell companies and held bank accounts that were used to help conceal bribes paid…
Caribbean News Events iBusiness iCommunity iFinance iLocal News iOpinion iViews iWorld News News Publisher's Choice Your View
Canada’s role in ‘snow washing’ money to evade taxes
By Martin Kenney From Our Windsor Ca Mossack Fonseca’s office in the British Virgin Islands drew global attention, but the offshore financial centres in Cayman, Scotland, Canada and most notably in the U.S. are not perfect either Canadians should be…
Why are the ‘Panama Papers’ a big deal?
By KUANG KENG KUEK SER From KERA NEWS By now you’ve probably heard of the “Panama Papers,” the name bestowed on a massive database leaked from a law firm based in Panama. The leaked documents show that the company, Mossack Fonseca,…
Panamanian organised crime prosecutor obtains extension in Panama Papers law firm investigation
By Kenneth Rijock From Caribbean News Now PANAMA CITY, Panama — Javier Caraballo, the lead organised crime prosecutor investigating Panama Papers law firm, Mossack Fonseca, since April 2016, has obtained an extension of time in which to continue his ongoing…
How the wealthy untie the knot
By Jamie Robertson Business reporter, From BBC News As Brad Pitt and Angelina Jolie are no doubt finding out, divorce is painful – and expensive. While the pain is the same for rich and poor, the expense, for the rich,…
Panama Papers: Denmark to buy leaked data
From BBC Denmark will buy data leaked from the law firm at the heart of the Panama Papers scandal, Taxation Minister Karsten Lauritzen has announced. An anonymous offer to sell data involving up to 600 Danish citizens was made to…
US prosecutors investigate Panama Papers law firm employees
NEW YORK, USA — US federal prosecutors have reportedly launched a criminal investigation into whether employees at Mossack Fonseca, the law firm at the centre of the “Panama Papers” scandal, knowingly helped clients launder money or evade taxes. Mossack Fonseca…
