Wednesday, May 25

Day: April 6, 2016

PM Will Not Get Offshore Benefits In Future
ENGLISH, London

PM Will Not Get Offshore Benefits In Future

    David Cameron, his wife and their children will not benefit from offshore funds or trusts in the future, a No 10 spokesman has said. Downing Street moved to clarify the Prime Minister's personal finances for the fourth time this week after Labour called for an independent inquiry into all Britons linked to a huge leak of tax haven data - including Mr Cameron's family. The row centres on an investment fund set up by the PM's late father Ian, which was registered in the Bahamas to shield it from UK tax. Mr Cameron first tried to draw a line under the issue of whether he stood to benefit from the fund - Blairmore Holdings - in reponse to a question from Sky's Faisal Islam on Tuesday. He said: "In terms of my own financial affairs, I own no shares. "I have a salary as Prime Mi...
Panama Papers law firm says hacked by servers abroad
ENGLISH, Extras

Panama Papers law firm says hacked by servers abroad

    One of the founders of Mossack Fonseca, the law firm at the center of the explosive "Panama Papers" revelations on off-shore holdings, told AFP on Tuesday his company was hacked by servers abroad. Ramon Fonseca said the firm had lodged a criminal complaint with Panamanian prosecutors over the breach. He added that in all the reporting so far "nobody is talking of the hack, and that is the only crime that has been committed." In a telephone message responding to AFP questions, Fonseca said: "We have lodged a complaint. We have a technical report that we were hacked by servers abroad." He also rued the fact that reporting on the 11.5 million documents taken from Mossack Fonseca's computer system focused on the high-profile clients who had used the law firm to set up offshore...
BB hackers possibly Chinese says Philippines senator
Asia, ENGLISH

BB hackers possibly Chinese says Philippines senator

    Chinese hackers were possibly behind one of the world's biggest cyber heists, the theft of $81 million from the Bangladesh central bank, a senator in the Philippines said on Tuesday, while a Manila bank manager involved in the case said she was a pawn of senior bankers and unnamed tycoons. Unidentified hackers stole the money from the Bangladesh Bank's account at the Federal Reserve Bank of New York in early February and funneled it through a Manila branch of the Rizal Commercial Banking Corp (RCBC) to casinos and gambling agents in the Philippines. "It would appear they are not Filipino hackers (but) possibly Chinese hackers," said Ralph Recto during a Senate inquiry in the capital Manila. "They saw the vulnerability in the (Philippines) banking system or one bank." Recto...
Video sparks rumours of loch ness sightings in Thames
ENGLISH, London

Video sparks rumours of loch ness sightings in Thames

    There have been numerous reported sightings of the Loch Ness Monster through the years. Very few, if any, have been in the Thames, though. Mysterious footage has emerged on YouTube showing a large object making its way through the murky waters near the O2 Arena. It can be seen surfacing briefly before sinking back down. The video was taken by Penn Plate as he was travelling on the Emirates Air Line, a cable car journey near Greenwich that offers views of the capital. "This was on the cable car in Greenwich yesterday. Something huge was moving under the water and then briefly surfaced," he said. "Are there whales in the Thames? Or is it some weird submarine?" The video, which has been watched more than 500,000 times, drew more than 190 comments on YouTube. "Lochness monster...