co-presented by
ASSOCIATE SPONSORS
co-presented by
ASSOCIATE SPONSORS
The regulator has been investigating the company for misutilising its initial-public offer (IPO) proceeds and misstating its financial statements, to help the promoter offload his shares.
Documents leaked from Mossack Fonseca, which were published in 2016, revealed how many of the world's wealthy stashed assets in offshore companies, triggering scores of investigations around the globe
In a statement, the federal probe agency said the action was taken against Zavareh Soli Poonawalla and his family members.
The one-day trial in Zurich district court Wednesday stems from information about secretive financial flows revealed in the Panama Papers leaks in 2016 that implicated musician and Putin's childhood friend Sergei Roldugin.
The ED registered the Panama Papers Leak case under the Prevention of Money Laundering Act.
The government will also proactively engage with foreign jurisdictions for obtaining information in respect of relevant taxpayers. It will also monitor investigations on the Pandora Papers, that appear in the media.
Citing a certificate of incumbency issued by Trident Trust (BVI) in September 2011, the report said that Samir Thapar, the chairman and managing director of JCT Ltd holds 50,000 shares of Musk Holdings Ltd (BVI), an offshore entity registered in British Virgin Islands.
Mossack Fonseca founders Juergen Mossack and Ramon Fonseca, suspected of tax evasion and associating with criminals, will be arrested if they enter the European Union, German newspaper Sueddeutsche Zeitung reported late Monday.
Journalists on the trail of the Panama Papers scandal mistook a Gulf-based businessman named Ratan Tata for the Indian industrialist.
The Panama Papers, which consist of millions of documents stolen from Mossack Fonseca and leaked to the media in 2016, provoked a global scandal after showing how rich and powerful clients including Russian President Vladimir Putin and soccer superstar Lionel Messi used offshore corporations to evade taxes.
Britain has recouped some $253 million, France $136 million and Australia $93 million, the International Consortium of Investigative Journalists (ICIJ) posted on its website.
The Supreme Court set the deadline for December 24 to wrap up the remaining two corruption cases against the three-time former prime minister.
Two Germans, one American and a Panamanian attorney were charged with conspiracy and other counts.
The four were affiliated with Mossack Fonseca, the law firm that helped thousands of clients around the world move money offshore to protect it from taxes.
Some 170 police officers and investigators from the Frankfurt prosecutors' office were searching six of the bank's premises in and around the city.
Most of the HNIs had created offshore accounts in the British Virgin Islands and invested in real estate or assets in the UK, US and Dubai.
"For campaigning I am touring Madhya Pradesh, Chhattisgarh and Rajasthan these days. The ruling BJP has indulged in so many scams and corruption that yesterday I got confused," Gandhi said here.
Sharif, 67, appeared before the Accountability Court Islamabad along with his daughter Maryam and son-in-law captain (retired) Mohmmad Safdar.
The decision drew criticism from campaigners including Oxfam who said the EU's commitment to tackling tax avoidance after the "Panama Papers" leak last year has now been watered down.
This comes a day after the National Accountability Bureau (NAB) filed a supplementary case against the three-time prime minister and his family over properties in London.
A Pakistani anti-graft court on Wednesday formally began a trial of ousted Prime Minister Nawaz Sharif and his family members in corruption cases linked to the Panama Papers scandal.
A look at top cues from domestic and international cues that could have a bearing on D-Street.
Live updates as publications across the world break the Paradise Papers story.
The Indian Express today came out with the first in a series of investigative reports titled what is being called as the 'Paradise Papers'.
Sharif, who had been in London with his wife who is undergoing cancer treatment, is due to appear in court on Friday over allegations linked to London properties the family owns, charges that could see the former premier jailed.
