Tuesday, February 20

Day: April 5, 2016

What are the Panama papers?
ENGLISH, Extras

What are the Panama papers?

    A huge leak of documents has lifted the lid on how the rich and powerful use tax havens to hide their wealth. The files were leaked from one of the world's most secretive companies, a Panamanian law firm called Mossack Fonseca. What are the Panama Papers? The files show how Mossack Fonseca clients were able to launder money, dodge sanctions and avoid tax. In one case, the company offered an American millionaire fake ownership records to hide money from the authorities. This is in direct breach of international regulations designed to stop money laundering and tax evasion. Who is in the papers? There are links to 12 current or former heads of state in the data, including dictators accused of looting their own countries. More than 60 relatives and associates of heads of stat...
Air France says crew can opt out of Tehran route after headscarf row
ENGLISH, Europe

Air France says crew can opt out of Tehran route after headscarf row

    Air France said it would allow female cabin crew and pilots to opt out of flying routes to Tehran after some staff said they did not want to be forced to cover their hair when in Iran. Air France, part of the Franco-Dutch group Air France-KLM, is preparing to restart flights to Tehran from April 17 after an eight-year hiatus due to sanctions. After a meeting between Air France management and unions on Monday, the French carrier said it would offer female staff the choice of opting out of the flights. Under Iranian law, women must cover their hair in public places. Unions had raised concerns over an Air France ruling obliging female crew to wear a headscarf on leaving a plane. The debate on the wearing of headscarves and other religious symbols in public is particularly hea...
Panama Papers: Cameron under pressure over tax havens
ENGLISH, United Kingdom

Panama Papers: Cameron under pressure over tax havens

    David Cameron is coming under pressure to stop British overseas territories and Crown dependencies being used by the wealthy to reduce their tax bills. A massive data leak from Panama-based law firm Mossack Fonseca showed it registered more than 100,000 secret firms to the British Virgin Islands. Labour Party leader Jeremy Corbyn said the government needed to "stop pussyfooting around" on tax dodging. Downing Street said the UK was "ahead of the pack" on tax transparency. Eleven million leaked documents showed how Mossack Fonseca clients were able to launder money, dodge sanctions and avoid tax - the law firm says it has operated beyond reproach for 40 years. There are links to 12 current or former heads of state in the data, including dictators accused of looting their ow...
Bangladesh Bank Cyber Heist: Wong vows to turn over another US$ 9.73m to Senate
Asia, ENGLISH

Bangladesh Bank Cyber Heist: Wong vows to turn over another US$ 9.73m to Senate

    Casino junket operator Kim Wong today (Tuesday) promised to return to the Senate another US$ 9.73m, which was believed to be part of the alleged $81million stolen funds from the Bangladesh’s central bank. Wong made this promise when he returned to the Senate blue ribbon subcommittee’s ongoing investigation into the controversy. “Within 15 to 30 days because I still have to borrow money from my friends, [and source funds] from my companies’ shares to settle this. I promise to submit this to your committee,” he said when committee chair, Senator Teofisto Guingona III , asked if the junket operator could commit to return the money. Wong said he would return the money in cash. In his testimony last March 29, Wong said the P450 million was the money owed him by Chinese business...
Isis supporters threaten London with terror attacks in new propaganda video
ENGLISH, London

Isis supporters threaten London with terror attacks in new propaganda video

    A video made by Isis supporters threatened London, Berlin and Rome (Picture: [copyright]) Isis supporters have released a new video calling for new terror attacks in London, Berlin and Rome. The video, called “Fight them, Allah will punish them by your hands”, called on extremists to “kill (infidels) wherever you find them”. After showing footage of the attacks in Paris and Brussels, as well as 9/11, the narrator called the previous atrocities a “cautionary message” to nations fighting the so-called Islamic State. “If it was Paris yesterday, and today in Brussels, Allah knows where it will be tomorrow,” a narrator said in English. “Maybe it will be in London or Berlin or Rome.” Gory clips of executions were played as a religious song urged followers to launch lone-wolf att...
US-Bangla Airlines to Launch Kathmandu Flight
Bangladesh, ENGLISH

US-Bangla Airlines to Launch Kathmandu Flight

Dhaka, April 03, 2016: After the successful operation of US-Bangla Airlines in the domestic region it has declared Kathmandu to be its first international destination in Nepal. US-Bangla operates flights to highest number of destinations and carried the highest number of passengers within Bangladesh. The government of the People’s Republic of Bangladesh granted them with the permission to operate international flights considering its successful operation. From its inception, it earned a solid reputation on dependence and received acceptance from the passengers for its on-time departure, which is about 98.7% and operated over 1000 successful flights. Backed up with this sincere efforts, US-Bangla Airlines is crossing the borders of this country and will be flying to Dhaka-Kathmandu route on...