Showing 1 - 10 of 209
Malaysia’s Mahathir says son’s graft probe is politically driven
Published on 22/01/2024
» Former Malaysian Prime Minister Mahathir Mohamad said the nation’s anti-corruption agency’s probe into his son’s business activities is politically motivated and that he’s unaware of any other reason that would warrant such a move.
Malaysian graft-busters summon Mahathir’s son
Published on 18/01/2024
» KUALA LUMPUR - The Malaysia Anti-Corruption Commission (MACC) is investigating the business activities of the son of former leader Mahathir Mohamad, in a sign of Prime Minister Anwar Ibrahim’s widening anti-graft campaign against his rivals.
Chokepoints could cripple trade
News, Published on 16/01/2024
» When traffic through the Suez Canal ground to a halt in 2021, the extraordinary cost and disruptions to global commerce seemed overwhelming. But 8,000 kilometres from the canals of Suez and Panama lie even more important shipping lanes, chokepoints that could cripple global trade should any disaster befall them.
Tax havens are fuelling autocracy
Oped, Published on 23/02/2023
» People have been trying to dodge paying taxes since time immemorial, but globalisation has turned tax avoidance and evasion, as well as money laundering, into a lucrative business model. Over the past few decades, offshore tax havens such as the Cayman Islands, Bermuda, Cyprus, and Ireland have enabled corporations and wealthy individuals to conceal profits and private wealth on an unprecedented scale.
Pakistan gets new PM after Khan ousted in political upheaval
AFP, Published on 11/04/2022
» ISLAMABAD: Shehbaz Sharif was set to become Pakistan's new prime minister on Monday, but the country still faces months of political crisis with ousted premier Imran Khan vowing disruption from the wings.
Closing tax havens will test West's resolve
Oped, Published on 11/03/2022
» Russia's war in Ukraine may not be going as it had planned, but the worst is still to come. And while Western financial sanctions against Russian institutions and oligarchs have exceeded what some were expecting, they have not targeted the Western-based roots of Russian President Vladimir Putin's regime.
'Suisse Secrets' puts Swiss banking back in spotlight
AFP, Published on 22/02/2022
» ZURICH: The "Suisse Secrets" data leak claiming to reveal how Credit Suisse handled billions of dollars in dirty money has renewed pressure on Switzerland's financial sector, which has spent years trying to clean up its image.
World leaders scramble to limit 'Pandora Papers' damage
AFP, Published on 04/10/2021
» NEW YORK: Governments moved Monday to limit the fallout from a release of millions of documents detailing how leaders have used offshore tax havens to stash assets worth hundreds of millions of dollars.
Big Panama law firm implicated in 'Pandora Papers' revelations
AFP, Published on 04/10/2021
» PANAMA CITY: A prestigious Panamanian law firm was named in the so-called "Pandora Papers" as implicated in the creation of offshore shell companies meant to hide money in tax havens for more than 160 politicians and public figures.
'Pandora Papers' expose offshore assets of heads of state, govt
AFP, Published on 04/10/2021
» WASHINGTON - More than a dozen heads of state and government, including the King of Jordan and the Czech prime minister, have hidden millions in offshore tax havens, according to an investigation published Sunday by the ICIJ media consortium.