Panama Papers: SC asks govt whether SIT needed to probe Indians revealed in leak
7 years, 11 months ago

Panama Papers: SC asks govt whether SIT needed to probe Indians revealed in leak

Firstpost  

The Supreme Court on Tuesday asked the government whether a Special Investigation Team should be constituted to probe the offshore accounts of Indians revealed in the Panama paper leaks. New Delhi: The Supreme Court on Tuesday asked the government whether a Special Investigation Team should be constituted to probe the offshore accounts of Indians revealed in the Panama Papers leak. A bench, headed by Justice Dipak Misra, asked Additional Solicitor General PS Narasimha to seek instruction on whether a separate SIT can be tasked to probe the Panama Papers leak, besides Multi-Agency Group set up by the government to probe into the black money cases. Sharma in his PIL had sought a court-monitored independent probe into the Panama Papers leak which contained an unprecedented amount of information, including more than 11 million documents covering 2,10,000 companies in 21 offshore jurisdictions.

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History of this topic

‘Panama Papers’ trial starts with 27 people charged in the worldwide money-laundering case
11 months, 2 weeks ago

‘Panama Papers’ trial starts with 27 people charged in the worldwide money-laundering case

LA Times  

The Supreme Court in Panama City on Monday. The trial starts for those charged in connection with the worldwide “Panama Papers” money-laundering case. The trial of 27 people charged in connection with the worldwide “Panama Papers” money-laundering case started Monday in a Panamanian criminal court. The Panama Papers include a collection of 11 million secret financial documents that illustrate how …

Aishwarya Rai Bachchan summoned by ED in Panama Papers case
3 years, 3 months ago

Aishwarya Rai Bachchan summoned by ED in Panama Papers case

India Today  

Aishwarya Rai Bachchan has been summoned to appear before the Enforcement Directorate in the Panama Papers case. Aishwarya Rai Bachchan's name featured in the list of 500 Indians who were named in the massive leak of 11.5 million tax documents exposing their secret offshore dealings. Earlier in July, Pakistan Prime Minister Imran Khan had alleged that he was offered Rs …

Delhi HC questions Centre on powers of investigative body set up to probe Panama papers, Bahamas leaks
5 years, 5 months ago

Delhi HC questions Centre on powers of investigative body set up to probe Panama papers, Bahamas leaks

Firstpost  

The Delhi High Court on Tuesday queried the Centre on the powers of the Multi-Agency Group set up to probe individuals, including politicians, named in the ‘Bahamas leaks’ and ‘Panama papers leak’. New Delhi: The Delhi High Court on Tuesday queried the Centre on the constitution and powers of the Multi-Agency Group set up to probe the companies and individuals, …

Panama papers: Multi agency group looking into fresh revelations, says finance ministry
6 years, 9 months ago

Panama papers: Multi agency group looking into fresh revelations, says finance ministry

Firstpost  

The finance ministry on Thursday said the fresh revelations under the ‘Panama Paper Leaks’ are being looked into by the Multi Agency Group, which includes the tax department and the Reserve Bank New Delhi: The finance ministry on Thursday said the fresh revelations under the ‘Panama Paper Leaks’ are being looked into by the Multi Agency Group, which includes the …

Panama Papers return with more stings, all India needs to know
6 years, 9 months ago

Panama Papers return with more stings, all India needs to know

India Today  

Panama Papers are back. Fresh documents from the Panama Papers contain names of some big Indian business magnets who did not figure in the 2016 leak. Those Indian nationals whose links to offshore entities have been confirmed by the fresh leak include: Shiv Vikram Khemka - SUN group patriarch Nand Lal Khemka's son Actor Amitabh Bachchan Jehangir Sorabjee - the …

Panama papers case: ED to issue FEMA notices to 46 Indian entities for possible violations
7 years, 3 months ago

Panama papers case: ED to issue FEMA notices to 46 Indian entities for possible violations

Firstpost  

The Enforcement Directorate is set to issue fresh notices to more than 45 Indian entities named in the Panama Papers list New Delhi: The Enforcement Directorate is set to issue fresh notices to more than 45 Indian entities named in the Panama Papers list on charges of possible forex law violations, official sources said on Thursday. The agency, they said, …

Panama Papers probe: Bollywood actors to be quizzed by ED before December 31
7 years, 3 months ago

Panama Papers probe: Bollywood actors to be quizzed by ED before December 31

India Today  

All corporate entities and individuals, including Bollywood stars like the Bachchans and Ajay Devgn, named in the Panama Papers Leak will be questioned by the Enforcement Directorate by the end of this year, according to senior officials. A deadline has been set by the ED to complete the investigation in all 46 Panama Papers cases. Earlier, the Central Board of …

As Paradise Leak Rages, What Have Agencies Done on Panama so Far?
7 years, 4 months ago

As Paradise Leak Rages, What Have Agencies Done on Panama so Far?

The Quint  

In April 2016, the Panama Papers hit headlines when 11.5 million secret files of a Panamanian law firm, Mossack Fonseca, were leaked. Almost a year and a half later, ICIJ has conducted another global investigation into the offshore activities of some powerful people in tax havens - the Paradise Papers. Around 714 Indians are named in the Paradise Papers, including …

Panama Papers case: Pak probe panel to file final report
7 years, 8 months ago

Panama Papers case: Pak probe panel to file final report

The Hindu  

A joint investigation team probing the Panamagate graft case against Pakistan Prime Minister Nawaz Sharif’s family will on Monday submit its final report to the Supreme Court. Besides other evidence, the report will include statements of Prime Minister Sharif; his brother and Punjab Chief Minister Shahbaz Sharif; his children Hussain, Hassan and Maryam Sharif and son-in-law retired Captain Mohammad Safdar. …

Panama Papers: Nawaz Sharif to be questioned over family's wealth
7 years, 9 months ago

Panama Papers: Nawaz Sharif to be questioned over family's wealth

India Today  

Pakistan's Prime Minister Nawaz Sharif will be questioned on Thursday by investigators probing how his family obtained its vast wealth, the first time a sitting Pakistani premier has appeared before any investigative agency. Sharif's office on Monday confirmed the prime minister had received a summons by the Joint Investigation Team, set up by the Supreme Court to investigate corruption claims …

Panama papers leak: Nawaz Sharif's son interrogated by Supreme Court-appointed JIT
7 years, 9 months ago

Panama papers leak: Nawaz Sharif's son interrogated by Supreme Court-appointed JIT

Firstpost  

Hussain was accompanied by his lawyer for the proceedings but the JIT objected to his presence Islamabad: Pakistan prime minister Nawaz Sharif’s son Hussain Nawaz was interrogated on Sunday by a Supreme Court-appointed joint investigation team probing his family’s business dealings abroad, in the high-profile Panama Papers case. Hussain was accompanied by his lawyer for the proceedings but the JIT …

Panama papers case: SC asks Centre to file 6 reports of Multi-Agency Group
8 years ago

Panama papers case: SC asks Centre to file 6 reports of Multi-Agency Group

Firstpost  

Solicitor General appearing for the Centre, told the court that the bench should first go through reports of the MAG and thereafter decide whether it could be shared with the petitioner New Delhi: The Supreme Court on Tuesday asked the Centre to place before it in a sealed cover all the six reports of the Multi-Agency Group constituted by the …

Panama Leak: SC Seeks Report From Multi-Agency Probe Team
8 years ago

Panama Leak: SC Seeks Report From Multi-Agency Probe Team

Live Law  

The Supreme Court today asked the Centre to file within four weeks in a sealed cover the report of the Multi Agency Investigation Team set up in April last year to probe the panama paper leak caseWith 500 Indians being named in leaked 'Panama Papers' for alleged offshore holdings, government had in April last year formed the group to monitor …

Enforcement Directorate begins probing 11 Panama Papers firms
8 years, 1 month ago

Enforcement Directorate begins probing 11 Panama Papers firms

Deccan Chronicle  

Hyderabad: The Panama Papers are back here to haunt city industrialists. Following directions issued by the Centre, the Enforcement Directorate has begun a probe into 11 companies named in the Panama Papers, the global media investigation into alleged tax evasions which has brought 415 Indians under the scanner of investigating agencies. Entrepreneur Moturi Srinivas Prasad, who was secretary of the …

Panama Papers row: Pakistan SC orders to form judicial panel to probe Nawaz Sharif
8 years, 4 months ago

Panama Papers row: Pakistan SC orders to form judicial panel to probe Nawaz Sharif

Live Mint  

Islamabad: In a setback to Pakistan prime minister Nawaz Sharif, the Supreme Court on Tuesday ordered to form a judicial commission to probe into the Panama Papers scandal involving corruption allegations against the family of the beleaguered premier, who is under pressure from Imran Khan’s Pakistan Tehreek-i-Insaf, to step down. A five-member bench headed by chief justice Anwar Zaheer Jamali …

Panama leaks probe: multi-agency group submits reports to govt.
8 years, 9 months ago

Panama leaks probe: multi-agency group submits reports to govt.

The Hindu  

The multi-agency group probing the Panama papers leaks, which has named around 500 Indians who have allegedly stashed money in offshore entities, has submitted three reports to the government. The Central Board of Direct Taxes has also been updating the Special Investigation Team, set up under the directions of the Supreme Court to monitor cases related to black money, according …

Panama papers probe: Multi-agency group submits three reports to govt
8 years, 9 months ago

Panama papers probe: Multi-agency group submits three reports to govt

Firstpost  

Multi-agency group probing Panama papers, which named around 500 Indians who have allegedly stashed money in offshore entities, has submitted three reports. New Delhi: The multi-agency group probing Panama papers, which named around 500 Indians who have allegedly stashed money in offshore entities, has submitted three reports to the government. The Central Board of Direct Taxes has also been updating …

'Panama Papers' firm demands prosecution of suspect in Switzerland
8 years, 9 months ago

'Panama Papers' firm demands prosecution of suspect in Switzerland

Firstpost  

The law firm at the center of the “Panama Papers” scandal said Thursday it expected the prosecution of a worker from its Geneva office detained on suspicion of stealing company documents. Panama City: The law firm at the center of the “Panama Papers” scandal said Thursday it expected the prosecution of a worker from its Geneva office detained on suspicion …

37,000 India files in new Panama papers released
8 years, 10 months ago

37,000 India files in new Panama papers released

The Hindu  

The International Consortium of Investigative Journalists late on Monday released 2.6 terabyte of >Panama papers data on over 11.5 million financial and legal records, including about 37,000 files related to India. We do not intend to suggest or imply that any persons, companies or other entities included in the ICIJ Offshore Leaks Database have broken the law or otherwise acted …

Panama Papers leak: How you can finally read the documents from the tax dodging scandal
8 years, 10 months ago

Panama Papers leak: How you can finally read the documents from the tax dodging scandal

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Documents showing how thousands of …

Panama Papers: Individuals and companies named in document leak set to be revealed
8 years, 10 months ago

Panama Papers: Individuals and companies named in document leak set to be revealed

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Thousands of individuals and offshore companies found in the Panama Papers …

Govt. Constitutes SIT on Panama Papers Leaks
8 years, 10 months ago

Govt. Constitutes SIT on Panama Papers Leaks

Live Law  

The Government has constituted a Multi-Agency Group on 4th April 2016, inter alia, for facilitating co-ordinated and speedy investigation in the cases of Indian persons allegedly having undisclosed foreign assets and whose names are reportedly included in Panama Papers leaks. The Group consist of the officers of Investigation Division of the Central Board of Direct Taxes, Foreign Tax & Tax …

Govt. Constitutes SIT on Panama Papers Leaks
8 years, 10 months ago

Govt. Constitutes SIT on Panama Papers Leaks

Live Law  

The Government has constituted a Multi-Agency Group on 4th April 2016, inter alia, for facilitating co-ordinated and speedy investigation in the cases of Indian persons allegedly having undisclosed foreign assets and whose names are reportedly included in Panama Papers leaks. The Group consist of the officers of Investigation Division of the Central Board of Direct Taxes, Foreign Tax & Tax …

Panama Papers: US launches probe into offshore scandal
8 years, 11 months ago

Panama Papers: US launches probe into offshore scandal

Al Jazeera  

The United States Justice Department has launched a criminal investigation into offshore financial dealings exposed by the Panama Papers – leaked documents that showed money laundering and tax avoidance schemes by the wealthy and powerful. “The US Attorney’s Office for the Southern District of New York has opened a criminal investigation regarding matters to which the Panama Papers are relevant,” …

Panama Papers fallout: Investigators end search at Mossack Fonseca
8 years, 11 months ago

Panama Papers fallout: Investigators end search at Mossack Fonseca

Firstpost  

Panama City: Prosecutors have wrapped up their search at Mossack Fonseca’s offices, looking for evidence of any illegal activity in the company at the center of a document leak that revealed details of offshore financial accounts. Lead organised crime prosecutor Javier Caraballo emerged from the offices after 27 hours of searching to say investigators had seized 100 computer servers that …

Income Tax serves notices to nearly 50 people who figured in leaked Panama documents
8 years, 11 months ago

Income Tax serves notices to nearly 50 people who figured in leaked Panama documents

India TV News  

New Delhi: Income Tax department has dispatched detailed questionnaires to nearly 50 people whose name were appeared in the recently leaked confidential documents of Panamanian law firm Mossack Fonseca. The first part seeks clarification on whether they are the persons named in documents and whether they gave comments attributed to them on the offshore entities listed against their names. A …

Panama Papers: Strict investigation going on, says Jayant Sinha
8 years, 11 months ago

Panama Papers: Strict investigation going on, says Jayant Sinha

India TV News  

New Delhi: A strict investigation into 'Panama Papers' is on to find out if illegal activities have taken place in overseas Indian accounts, while full force of law has been applied to deal with 'wilful default' cases like that of Vijay Mallya, the Finance Ministry said today. Government has already constituted a multi-agency group including representatives of CBDT, Financial Intelligence …

Panama Papers Leaks: PIL filed in Bombay HC demanding CBI probe
8 years, 11 months ago

Panama Papers Leaks: PIL filed in Bombay HC demanding CBI probe

Live Law  

A PIL has been filed at the Aurangabad Bench of Bombay High Court, demanding constitution of an independent investigating body, and a criminal investigation by CBI into the Panama Papers leaks. As an interim measure, it has demanded that all the documents pertaining to the 500 persons be called from the custody of Indian Express to the Court in a …

Panama Papers: Chhattisgarh CM Raman Singh's son on the list
8 years, 11 months ago

Panama Papers: Chhattisgarh CM Raman Singh's son on the list

Deccan Chronicle  

Raipur: The allegation by Congress leader and former Union minister Jairam Ramesh that Chhattisgarh Chief Minister Raman Singh’s son and BJP MP, Abhishek has undisclosed offshore accounts as per the Panama Papers leak, on Thursday triggered a fresh controversy, generating heat in state politics. Quoting Panama Papers leak, Mr Ramesh at news conference at New Delhi on Thursday alleged that …

Panama Papers: Huge leak alleges elites hiding money
8 years, 11 months ago

Panama Papers: Huge leak alleges elites hiding money

Al Jazeera  

Massive data leak from Panama firm throws spotlight on offshore dealings of world leaders, criminals and celebrities. by Charles Intriago, offshore banking expert Among the sitting world leaders named in the leak are Argentine President Mauricio Macri, Iceland’s Prime Minister Sigmundur Davíð Gunnlaugsson, and Ukraine’s President Petro Poroshenko. With “2.6 terabytes of data, 11.5 millions documents, and 214,000 shell companies: …

#PanamaPapers: Who’s Who & What’s What of the Leak of the Century
8 years, 11 months ago

#PanamaPapers: Who’s Who & What’s What of the Leak of the Century

The Quint  

On Sunday, over 100 news organisations from around the world dropped simultaneous investigations into a massive leak of data belonging to Mossack Fonseca, a Panamanian firm specialising in establishing shell corporations, which revealed how the world’s ultra-wealthy – including major world leaders and their associates – hide their money. The International Consortium of Investigative Journalists’ analysis of the leaked records …

Let SC examine the papers, says Congress
8 years, 11 months ago

Let SC examine the papers, says Congress

The Hindu  

The Congress on Monday criticised the BJP-led NDA government’s decision to form a “multi-departmental committee” for examining the “Panama Papers” expose, and demanded instead that the matter should be moved to the Supreme Court that was examining 1,600 foreign bank accounts of Indian, suspecting them to be repositories of black money. “Congress rejects in toto the shoddy attempt by the …

Panama Papers day one: Revelations over offshore accounts reverberate across the world from 'biggest leak ever' - as it happened
8 years, 11 months ago

Panama Papers day one: Revelations over offshore accounts reverberate across the world from 'biggest leak ever' - as it happened

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Here are the latest updates: Please allow a moment …

'Panama Papers': Black money SIT to investigate list
8 years, 11 months ago

'Panama Papers': Black money SIT to investigate list

ABP News  

New Delhi: The Special Investigation Team on black money today said it will investigate thoroughly the reported secret list of about 500 prominent Indians including actors, politicians and businessmen who have allegedly stashed money in offshore entities in tax haven Panama. The latest list, after similar ones came in the the past like 'Swiss leaks' and the HSBC-list related to …

Panama Papers: What are they, who is involved and why are they important?
8 years, 11 months ago

Panama Papers: What are they, who is involved and why are they important?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The group said an anonymous source provided internal documents …

Tracking the Panama Papers
8 years, 11 months ago

Tracking the Panama Papers

Live Mint  

New Delhi: Over 500 Indians figure among a list of individuals who have paid Mossack Fonseca, a law firm headquartered in tax haven Panama known for its factory-like production of offshore companies for its worldwide clientele of the well-heeled, to set up offshore entities in tax havens around the world, according an Indian Express report. The massive leak of documents …

Inside the Panama Papers: Massive leak shows just how extensive corruption is worldwide, implicating politicians, human traffickers and drug dealers
8 years, 11 months ago

Inside the Panama Papers: Massive leak shows just how extensive corruption is worldwide, implicating politicians, human traffickers and drug dealers

Salon  

"My life is in danger," read an anonymous message. Substantially larger than WikiLeaks' 2010 release of U.S. diplomatic cables or Edward Snowden's 2013 release of NSA files, the leak consists of 11.5m documents from the world's fourth-largest offshore law firm, Mossack Fonseca. Many Western media reports on the Panama Papers framed the story around Russian President Vladimir Putin, whose close …

Why the Panama Papers leak is a very big deal (Opinion)
8 years, 11 months ago

Why the Panama Papers leak is a very big deal (Opinion)

CNN  

Editor’s Note: Frida Ghitis is a world affairs columnist for The Miami Herald and World Politics Review, and a former CNN producer and correspondent. Story highlights Massive leak of documents alleges use of secret offshore companies, accounts to hide billions of dollars Frida Ghitis: The repercussions will be profound and lasting Tirana, Albania CNN — Some will try to downplay …

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