• German finance minister Wolfgang Schäuble speaks during a press conference on the 2017's budget in Berlin on March 23, 2016.
    Last update: 19:01 19.04.2016
    19:01 19.04.2016

    German Finance Minister Accused of Ignoring Panama Papers Warnings

    Finance Minister Wolfgang Schäuble has been accused of ignoring warnings about bribery at the Federal Printing Office (Bundesdruckerei) for several years before it being exposed in the Panama Papers leak.

    #PanamaPapers: Biggest Ever Offshore Leaks
  • Indian Bollywood actors Amitabh Bachchan (L) and Aishwarya Rai Bachchan pose with their trophies during the Stardust Awards 2015 ceremony in Mumbai on December 21, 2015.
    Last update: 16:14 19.04.2016
    16:14 19.04.2016

    Bollywood Star Pulled From India's Tourism Campaign After Panama Leaks

    The so-called 'Panama Papers' look set to claim another scalp, that of Bollywood superstar Amitabh Bachchan.

    #PanamaPapers: Biggest Ever Offshore Leaks
  • This April 13, 2014 file photo shows the headquarters of the Internal Revenue Service (IRS) in Washington.
    Last update: 19:13 17.04.2016
    19:13 17.04.2016

    US Belatedly Making New Tax Rules After Panama Papers Leak

    In the wake of the Panama Papers leak which exposed tax evasion at the highest seats of political and corporate power throughout the globe, governments in the world’s leading economies are developing stricter regulations to limit access to tax havens and combat tax evasion.

    #PanamaPapers: Biggest Ever Offshore Leaks
  • Direct Line with Vladimir Putin
    Last update: 04:35 16.04.2016
    04:35 16.04.2016

    Panama Papers Expose Global Money Scams, But Western Media Chose to Smear Putin

    The real aim of the leakers of the "Panama Papers" may have been to expose a global network of drug money and other criminal cash flows, but the Western media instead has focused on trying to discredit Russia’s president Vladimir Putin, analysts told Sputnik.

    #PanamaPapers: Biggest Ever Offshore Leaks
  • Nicola Sturgeon, the leader of the Scottish National Party, gestures as she delivers a keynote election speech in Glasgow, Britain April 29, 2015
    Last update: 21:01 15.04.2016
    21:01 15.04.2016

    Scottish Landowners Welcome SNP Plans for More Transparency Amid Offshore Leak

    The chairman of the Scottish Land and Estates (SLE), the organization that represents private landowners, told Sputnik on Friday that it welcomed the intention of the ruling Scottish National Party (SNP) to introduce more transparency in the land ownership following the so-called Panama Papers leak.

    #PanamaPapers: Biggest Ever Offshore Leaks
  • A logo of German publisher Sueddeutsche Verlag of German daily Sueddeutsche Zeitung is pictured in front of the main building in Munich, southern Germany, on April 5, 2016
    Last update: 19:24 15.04.2016
    19:24 15.04.2016

    Stricter Controls Over Banking System Needed to Prevent Tax Avoidance

    Marco Zanni, an Italian member of the European Parliament said that stricter control over the banking system, over financial transactions and over the flows of money could be a serious option to prevent tax avoidance and tax cheats.

    #PanamaPapers: Biggest Ever Offshore Leaks
  • An activist shows fake banknotes during a demonstration outside the European Commission (EC) headquarters ahead of statements by the EC on the effectiveness of existing measures against tax evasion and money-laundering in light of the recent Panama Paper revelations, in Brussels, Belgium, April 12, 2016
    Last update: 19:00 15.04.2016
    19:00 15.04.2016

    EU Too Complicit in Tax Fraud to Take Any Action – Italian Lawmaker

    The EU institutions lack the willingness to undertake real measures to fight against tax evasion because the European politicians in fact benefit from tax loopholes, an Italian member of the European Parliament (MEP) told Sputnik Friday.

    #PanamaPapers: Biggest Ever Offshore Leaks
  • Activists take part in a demonstration outside the European Commission (EC) headquarters ahead of statements by the EC on the effectiveness of existing measures against tax evasion and money-laundering in light of the recent Panama Paper revelations, in Brussels, Belgium, April 12, 2016
    Last update: 15:32 15.04.2016
    15:32 15.04.2016

    European Legislation Fails to Hinder Tax Avoidance

    Michael Theurer, a German member of the European Parliament, said that the inquiry committee is the right format to deal with the Panama Papers revelations – “the biggest data leak of all times that has made its way in the public and that needs not only judicial but also political consequences.”

    #PanamaPapers: Biggest Ever Offshore Leaks
  • Spain's Industry Minister Jose Manuel Soria (C) arrives for an event in Madrid, Spain, April 13, 2016
    Last update: 11:56 15.04.2016
    11:56 15.04.2016

    Spain's Acting Minister of Industry Resigns Over Links to Offshore Firms

    Spain's acting Minister of Industry Jose Manuel Soria resigned on Friday due to his links to offshore companies exposed in the Panama Papers, the ministry said in a statement.

    #PanamaPapers: Biggest Ever Offshore Leaks
  • Gurria, Padoan, Osborne, Schaeuble, Sapin, Guindos and Lagarde hold a news conference at the IMF/World Bank Spring Meetings in Washington
    Last update: 09:10 15.04.2016
    09:10 15.04.2016

    Major EU States Call G20 to List Shell Companies Amid Panama Leaks

    Five major European Union countries urged the G20 to list shell companies' owners in order to impose sanctions on states where the companies belong after PanamaLeaks case, France's Finance Minister Michel Sapin said.

    #PanamaPapers: Biggest Ever Offshore Leaks
  • Hungarian-born US chairman of the Soros Fund Management, George Soros
    Last update: 20:02 13.04.2016
    20:02 13.04.2016

    #PanamaPapers: Role Soros Played in Biggest Leak in History

    George Soros' Open Society Foundation has nothing to do with Karl Popper's dream of a future "open society" built on principles of genuine democracy and freedom, US political analyst Phil Butler notes, adding that the billionaire is involved in nothing less than massive social engineering projects in Europe.

    #PanamaPapers: Biggest Ever Offshore Leaks
  • Britain's Prime Minister David Cameron
    Last update: 18:12 13.04.2016
    18:12 13.04.2016

    Cameron on the Ropes Over Taxes as Public Trust in Financial System Falls

    UK Prime Minister David Cameron faced his first grilling in the House of Commons Wednesday since admitting benefitting from an offshore fund controlled by his late father, which avoided payment of corporation tax in Britain.

    #PanamaPapers: Biggest Ever Offshore Leaks
  • Starbucks
    Last update: 15:41 13.04.2016
    15:41 13.04.2016

    European Parliament Set to Boost Tax Scam Inquiry Following Panama Papers

    Lawmakers in the European Parliament are set to expand the remit of its TAXE Inquiry into aggressive tax-planning by multinationals - including Google, Starbucks and McDonalds - following the leak of the Panama Papers which exposed large-scale tax avoidance.

    #PanamaPapers: Biggest Ever Offshore Leaks
  • A private security guard stands outside the building where Panama-based Mossack Fonseca law firm is based, in Panama City, on April 5, 2016
    Last update: 15:00 13.04.2016
    15:00 13.04.2016

    #PanamaPapers Revelations Deal Major Blow to West Tax Dodgers, Global Crime

    The secret tax evasion operations reportedly exposed in the leaked Panama Papers will deal devastating blows to major international crime rings and wealthy tax evaders in Western countries, rather than inflict damage on the Russian or Chinese leaders, analysts told Sputnik.

    #PanamaPapers: Biggest Ever Offshore Leaks
  • Members of the media stand outside the Arango Orillac Building where Mossack Fonseca law firm is situated at in Panama City, April 5, 2016
    Last update: 12:46 13.04.2016
    12:46 13.04.2016

    G20 Ministers, Bank Chiefs to Address #PanamaPapers in Washington

    The Group of 20 (G20) major economies will discuss the so-called Panama Papers leak alleging a global tax haven scheme at their ministerial meeting this week, Organization for Economic Co-operation and Development (OECD) Secretary General Angel Gurria said.

    #PanamaPapers: Biggest Ever Offshore Leaks
  • A view of the Arango Orillac Building where offices of the Mossack Fonseca law firm are located, in Panama City, Monday, April 4, 2016
    Last update: 11:20 13.04.2016
    11:20 13.04.2016

    Bulgaria Ready to Investigate #PanamaPapers Offshore Links

    Bulgarian Finance Minister Vladislav Goranov made clear that his office and the National Revenue Agency (NRA) stand ready to look into allegations of Bulgarian nationals running or being linked to tax havens, a Bulgarian radio station reported.

    #PanamaPapers: Biggest Ever Offshore Leaks
  • A private security guard stands outside the building where Panama-based Mossack Fonseca law firm is based, in Panama City, on April 5, 2016
    Last update: 01:05 13.04.2016
    01:05 13.04.2016

    EU Ministers to Discuss Panama Papers LuxLeak on April 22

    Economic and financial ministers of the 28 EU nations will gather for an informal meeting on April 22 to discuss the so-called Panama Papers leak that allegedly exposed offshore financial schemes, the defense minister of the Netherlands, which is currently presiding over the European Council, said Tuesday.

    #PanamaPapers: Biggest Ever Offshore Leaks
  • A sign is seen at the European Commission (EC) headquarters ahead of statements by the EC on the effectiveness of existing measures against tax evasion and money-laundering in light of the recent Panama Paper revelations, in Brussels, Belgium, April 12, 2016.
    Last update: 17:36 12.04.2016
    17:36 12.04.2016

    Panama Papers Expose Long-Term Failures of EU Tax System

    The Panama Papers leak - which exposed how the rich and famous are using tax havens to avoid paying taxes in the EU - is further evidence of the failure of the European Union to combat financial malpractice in Europe, Sputnik has been told.

    #PanamaPapers: Biggest Ever Offshore Leaks
  • An activist shows fake banknotes during a demonstration outside the European Commission (EC) headquarters.
    Last update: 17:24 12.04.2016
    17:24 12.04.2016

    LuxLeaks, Panama Papers and EU Hypocrisy: Piketty Slams Brussels Over Tax

    The recent Panama Papers revelations, as well as the 2014 LuxLeaks scandal, have exposed the EU's hypocrisy when it comes to tackling tax evasion, with an "abysmal gap" between the rhetoric and actions of governments, economist Thomas Piketty has said.

    #PanamaPapers: Biggest Ever Offshore Leaks
  • A CIA sign on a wall
    Last update: 12:06 12.04.2016
    12:06 12.04.2016

    Busted! CIA and Co. Allegedly Used Mossack Fonseca to Hide Activities

    Intelligence agencies from different states were using the services of Mossack Fonseca, a Panama firm selling offshore companies, for years to conceal their activities, a German newspaper said Tuesday.

    #PanamaPapers: Biggest Ever Offshore Leaks