20th October 2017
19 October 2017 By Francesco Guarascio, REUTERS European Union leaders called on Malta on Thursday to carry out a full investigation with international help over the killing of the country’s best-known journalist, and the EU parliament agreed to hold a debate on media freedom on the island. Malta’s Prime Minister… Read More
19th October 2017
An anti-corruption court in Pakistan has indicted the former prime minister Nawaz Sharif over allegations involving his family’s ownership of expensive London property, potentially paving the way for the imprisonment of the disqualified leader. The indictment is the latest blow in a lengthy public fall triggered by last year’s Panama… Read More
17th October 2017
The journalist who led the Panama Papers investigation into corruption in Malta was killed on Monday in a car bomb near her home. Daphne Caruana Galizia died on Monday afternoon when her car, a Peugeot 108, was destroyed by a powerful explosive device which blew the vehicle into several pieces… Read More
11th October 2017
11 October 2017 By David Martin, Deutsche Welle Germany’s Federal Criminal Police Office (BKA) has carried out its first investigation after purchasing the so-called Panama Papers from an anonymous informant earlier this year. According to German media, federal officers seized two million euros ($2.35 million) from an old slush fund… Read More
9th October 2017
9 October 2017 By Drazen Jorgic, Syed Raza Hassan, REUTERS The son-in-law of ousted Pakistani premier Nawaz Sharif was arrested at Islamabad airport on Monday by Pakistan’s anti-corruption body on his return from London, officials said, a rare instance of a powerful… Read More
26th September 2017
Pakistan’s ousted prime minister Nawaz Sharif on Monday returned to the country from the UK after nearly a month to face corruption and money laundering charges in the Panama Papers scandal. He was in London from 31 August to be with his ailing wife Kulsoom who is undergoing treatment… Read More
20th September 2017
The International Monetary Fund (IMF) has estimated the annual cost of bribery — just one sub-set of corruption — to be between $1.5 and $2 trillion. This, the Fund estimated to be about two per cent of global Gross Domestic Product (GDP). Read More
8th September 2017
A meeting of the Pakistan’s National Accountability Bureau (NAB) executive board on Thursday decided to file three corruption references against members of the Sharif family and one against Finance Minister Ishaq Dar on Friday in the accountability courts at Islamabad and Rawalpindi. The meeting held at the NAB headquarters was… Read More
10th August 2017
Just over €16.8 million was recovered by the tax authorities after previously unknown foreign holdings by Maltese were laid bare in the Panama Papers and Swiss Leaks. Information supplied by the Tax Compliance Unit (TCU) shows that €6.3 million has been recovered from its investigations into the Panama Papers data,… Read More
3rd August 2017
We are beginning to see the legal enforcement fallout from the now infamous Panama Papers. Canada Revenue Agency’s (CRA) concerted efforts to find undeclared offshore money and assets is moving into full gear. In addition to pursuing typical civil audits, the CRA is now executing search warrants and launching criminal… Read More