Panama Paper law firm representative in Venezuela arrested
From Caribbean News Now CARACAS, Venezuela — Jannet Almeida, a local representative of the Panamanian law firm of Mossack Fonseca, which is at the center of the Panama Papers offshore scandal, has been arrested by Venezuelan authorities in Caracas. “The woman…
OUR CARIBBEAN: Too silent on financial scandals
By Rickey Singh, From Barbados Nation News IT IS not unusual for the governments of our Caribbean Community (CARICOM) to be publicly silent, for long periods, amid developments that require some form of practical attention in the interest of the…
New global rules on firms’ tax disclosure urged by economists
From BBC 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…
Overseas territories resist calls for concessions to end tax secrecy
By Patrick Wintour Diplomatic editor and Luke Harding From The Guardian UK BVI and others say they will not sign up to public register to expose money launderers as Cameron prepares for key summit Key UK overseas territories led by the British…
Japan’s offshore investors on edge as Panama Papers revelations spark Hong Kong clampdown
By Reiji Yoshida From The Japan Times Hong Kong-based financial consultant Yoshimitsu Sasago is unsettled by developments since the recent leak of client data from a Panama-based law firm. Sasago has served Japan-based clients in Hong Kong for the past…
ICIJ to release Panama Papers Offshore Companies Data
By Marina Walker Guevara From International Consortium of Investigative Journalists The International Consortium of Investigative Journalists will release on May 9 a searchable database with information on more than 200,000 offshore entities that are part of the Panama Papers investigation. The…
What the fallout from the Panama Papers means for business
By Fraser Simpson From Financial Director The sprawling metropolis of Panama is known for its vibrant culture, tropical escapes and rich history, but now the South American hotspot is tangled in accusations of corruption, deceit and hiding billions in undeclared…
Politicians must be squeaky clean
By Paul Stainton From Peterborough Telegraph When you see beautiful images on the telly of sun kissed beaches in the British Virgin Islands, you think of palm trees and pina colada’s, not money laundering and safety deposit boxes. Adverts for…
Panama Papers law firm raided as global fallout grows
From Caribbean News Now PANAMA CITY, Panama — On Wednesday, Panamanian authorities conducted a 27-hour raid on the offices of Mossack Fonseca, the law firm at the centre of the “Panama Papers” leak of 11.5 million confidential documents, spanning four decades,…
Who will represent the firm behind the ‘Panama Papers’?
By Nell Gluckman, From The Am Law Daily Mossack Fonseca, the Panamanian law firm whose internal documents fueled a year-long investigation into offshore hidden wealth by more than 100 news organizations, is unlikely to get out of this hole without…
