Tuesday, February 20

Day: April 4, 2016

Panama Papers leak of 11m documents reveals how the super rich hide their money
ENGLISH, Europe

Panama Papers leak of 11m documents reveals how the super rich hide their money

    The largest ever leak of documents has revealed how an offshore law firm has helped its clients to hide their money in tax havens. Dubbed the Panama Papers, the 11 million confidential documents from Mossack Fonseca show how the Panama-based firm has used shell companies to benefit the world’s rich and powerful. Some clients have laundered money, dodged sanctions and evaded tax. The files show links to 72 current or former heads of state, including secret offshore companies linked to family and associates of Egypt’s former president, Hosni Mubarak, Syria’s president Bashar al-Assad, and Libya’s ex-leader Muammar Gaddafi. Two close allies of the Russian President, Vladimir Putin, are linked to an alleged money-laundering ring. At least $1bn (£700m) is thought to have been ch...
Terrifying pictures of ghost children caught on camera at haunted 17th century home
ENGLISH, United Kingdom

Terrifying pictures of ghost children caught on camera at haunted 17th century home

    The eerie apparitions of two children have been 'caught on camera' by ghost hunters at a 17th century home. These spooky images were taken by paranormal investigation group The Haunted Hunts during a visit to Pen-Y-Lan Hall near Ruabon, in North Wales. The first image shows what appears to be a young boy in black staring out of the Grade-II listed gothic building’s window. While another hair-raising photograph captured in the grounds of the home features the ghostly face of a young girl, with eyes, nose and mouth clearly visible. The gothic house was built in 1690 and is said to be home to a number of ghostly apparitions, reports the Daily Post. Visitors claim to have heard footsteps and voices from empty rooms and strange shadows lurking in the dark. Legend tells that the...
Terror Arrest At Gatwick airport
ENGLISH, London

Terror Arrest At Gatwick airport

    A 24-year-old man has been arrested at Gatwick Airport over what police describe as Syria-related terrorism offences. Counter-terrorism officers detained the man before he boarded a flight, West Midlands Police said. A woman, aged 20, was arrested at an address in west London. The pair are being held at a police station in the West Midlands, while searches are being carried out at two addresses in Birmingham. A police statement said: "There was no risk to any passengers at Gatwick Airport or to the wider public in relation to these arrests."
Kim Wong surrenders additional $0.83m to AMLC
Asia, ENGLISH

Kim Wong surrenders additional $0.83m to AMLC

    Casino junket operator Kam Sin Kim Wong today delivered another $830,595.50 (P38.28 million) to the Anti-Money Laundering Council (AMLC) of Philippine for safekeeping in the Bangko Sentral ng Pilipinas (BSP) headquarters in Manila. AMLC officials will eventually surrender the amount to the Bangladesh officials, reports The Manila Times. This is on top of the initially surrendered $4.63 million, part of the $81 million stolen by hackers from the Bangladesh Bank. Wong, represented by his legal counsel Victor Fernandez, turned over the money to AMLC member. Among those present during the turnover were BSP officer-in-charge Vicente Aquino, Bangladesh Embassy Manila Deputy Chief of Mission Shahnaz Gazi, Insurance Commissioner Emmanuel Dooc, AMLC Executive Director Julia Bacay-A...
David Cameron’s father and senior Tory figures named in Panama Papers leak
ENGLISH, United Kingdom

David Cameron’s father and senior Tory figures named in Panama Papers leak

    David Cameron’s father, senior Tory peers and former Conservative MPs are among the hundreds of individuals named in an unprecedented leak of confidential documents showing how the world’s richest people hide their wealth. Though he is not named in the reports himself, the British Prime Minister is linked to the so-called “Panama Papers” by his late father Ian Cameron, who died in 2010. According to the International Consortium of Investigative Journalists, which coordinated the research into the 11 million secret files handed over by an anonymous source, Mr Cameron used Mossack Fonseca’s services to shield his investment fund, Blairmore Holdings Inc. A 2006 prospectus for Blairmore Holdings Inc described Mr Cameron, a stockbroker and multi-millionaire, as “instrumental in...