Panama Papers Case

Panama Papers: Trial's public portion comes to an unexpectedly speedy end

The public portion of a trial of more than two-dozen associates accused of helping some of the world's richest people hide their wealth came to an unexpectedly speedy conclusion on Friday when a Panamanian judge said she would take the two weeks of trial arguments and testimony under advisement. The trial came eight years after 11 million leaked secret financial documents that became known as the Panama Papers prompted the resignation of the prime minister of Iceland and brought scrutiny to the then-leaders of Argentina and Ukraine, Chinese politicians, and Russian President Vladimir Putin, among others. Judge Baloisa Marquinez noted on Friday that the case included more than 530 volumes of information. The public trial had been expected to run to the end of the month. The judge has 30 working days to issue a verdict. Those on trial include the owners of the Mossack Fonseca law firm that was at the heart of the 2016 massive document leak. Jrgen Mossack attended the trial, while his

Trial underway for Panama Papers, case that changed financial rules

Eight years after 11 million leaked secret financial documents revealed how some of the world's richest people hide their wealth, more than two dozen defendants are on trial in Panama for their alleged roles. The repercussions of the leaks were far-ranging, prompting the resignation of the prime minister of Iceland and bringing scrutiny to the then-leaders of Argentina and Ukraine, Chinese politicians and Russian President Vladimir Putin, among others. But those on trial now for alleged money laundering are principally the leaders and associates of the now defunct Panamanian boutique law firm that helped set up the shell companies used to obscure those really behind them. The leaders of that firm, Jrgen Mossack and Ramn Fonseca, are among those on trial. WHAT IS THE PANAMA PAPERS CASE ABOUT? Panamanian prosecutors allege that Mossack, Fonseca and their associates created a web of offshore companies that used complex transactions to hide money linked to illicit activities in the ca

Panama Papers leak case: ED conducts raids at 4 places in Goa, MP

In a latest development in connection with the Panama Papers leak case, the Enforcement Directorate (ED) on Friday conducted searches at four premises in Bhopal and Goa in a money laundering case registered against one Sanjay Vijay Shinde.

ED summons actor Aishwarya Rai Bachchan in Panama Papers leak case

The Enforcement Directorate (ED) has summoned actor Aishwarya Rai Bachchan for questioning in a case linked to the 2016 'Panama Papers' global tax leaks case, officials said on Monday

Panama Paper leaks: Fresh revelations being looked into by MAG, says FinMin

The Panama Paper leaks were originally revealed by the International Consortium of Investigative Journalists on April 4, 2016, following which, the government had set up the MAG to probe the matter.

Panama papers: I-T Dept to investigate accused under anti-black money act

These are the first set of cases of undisclosed foreign assets which are being probed under the new anti-black money Act, that has criminal sections for prosecution under the law

Panama leaks:These countries are conduits for world's biggest tax havens

The list was published on July 24 in the academic journal Scientific Reports

Panama scam: Pakistan PM Nawaz Sharif served summons

The summon was issued to Sharif after he returned from his Kazakhstan visit

Panama Papers case: Pak SC rejects objections raised by Nawaz Sharif's son

Sharif's son appealed against the formation of Joint Investigation Team