Photo: Reuters
Photo: Reuters

Tracking the Panama Papers

The latest news, views and analysis on the Panama Papers

Panama Papers: Rites of the rich

A few weeks ago, I made a professional trip to the Umaid Bhawan Palace in Jodhpur to participate in the work anniversary celebrations of one of India’s top jewellers. Read more

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China largest market for Panama Papers law firm: ICIJ

Nearly a third of the business of the law firm at the centre of the Panama Papers scandal came from its offices in Hong Kong and China, reports said Thursday, with the Asian giant assailed by corruption and capital flight. Read more

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Cases like Panama Papers may widen rich-poor divide: Raghuram Rajan

Instances of the rich and elite allegedly stashing away cash in tax havens may encourage dissatisfaction among the less well-off, Reserve Bank of India (RBI) governor Raghuram Rajan said on Thursday. Read more

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Panama Papers reflect well on capitalism

The leak of confidential documents from Panama law firm Mossack Fonseca has had many interesting results. We’ve seen the biggest dump of confidential documents in history. Prominent international figures have been revealed as the holders, or near-holders, of shadowy offshore accounts. The prime minister of Iceland has resigned over allegations of impropriety. Read more

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Panama Papers reveal London as centre of ‘spider’s web’

As-well as shining a spotlight on the secret financial arrangements of the rich and powerful, the so-called Panama Papers have laid bare London’s role as a vital organ of the world’s tax-haven network. Read more

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Panama Papers put spotlight back on graft

Three weeks before the start of the second half of the budget session of Parliament, corruption is back as the main political agenda. Even after Prime Minister Narendra Modi intervened to fasttrack the investigation in the Panama Papers leak, a blame game has started between the government and the opposition parties. Read more

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Icelandic PM resigns in wake of Panama Papers scandal

Iceland’s embattled prime minister has resigned amid a controversy over his offshore holdings, a cabinet minister said Tuesday as outrage over the accounts roiled the North Atlantic island nation. Read more

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Amitabh Bachchan denies links with Panama Papers companies

Bollywood megastar Amitabh Bachchan, whose name figured in the Panama Paper leaks as allegedly having links with offshore entities in two tax havens, on Tuesday denied any connection with those companies, saying his name may have been “misused". Read more

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Mossack Fonseca, the law firm at the heart of the Panama Papers

The Economist, in a 2012 story about off-shore company services providers, titled ‘Shells and Shelves,’ described the Panamanian law firm Mossack Fonseca as “tight-lipped". The story added that of the two big offshore providers in Panama (the other is Morgan & Morgan) Mossack Fonseca was “believed to be an industry leader." Read more

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What are tax havens

Tax havens are countries or territories where personal and business taxes are likely to be very low, or even non-existent. Read more

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India deals with fallout of Panama Papers

The multi-agency probe ordered by Prime Minister Narendra Modi into the Panama Papers that allegedly name 500 Indians holding offshore bank accounts will be monitored and conducted under the stringent provisions of the new anti-black money law. Read more

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Reading between the lines of the Panama Papers

Governments across the world began investigating possible financial wrongdoing by the rich and powerful on Monday after a leak of four decades of documents from Panamanian law firm Mossack Fonseca that specialised in setting up offshore companies. Read more

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Panama’s offshore lawyer Jurgen Mossack says the cat’s out of the bag

For decades now, Jurgen Mossack and Ramon Fonseca have been the go-to guys in Panama for international investors looking to put their money in far-flung places. Read more

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‘Panama Papers’ train new spotlight on wealth of global elite

From Moscow to Reykjavik to Buenos Aires and beyond, the same two words are suddenly reverberating in financial circles: offshore accounts. Read more

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Panama Papers coverage ‘unfair’ privacy invasion: Harish Salve

Senior counsel Harish Salve, whose name appeared in the so-called Panama Papers leak of more than 11 million financial documents from Panama-based law firm Mossack Fonseca, published in India by The Indian Express, told Legally India that including his name was unfair, since his use of a British Virgin Islands-based (BVI) shell company was legal and transparently declared in his tax returns. Read more

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Panama Papers: Team set up to probe Indians named in reports

The government has set up a team to investigate suspected tax evasion by Indian individuals named in the so-called Panama Papers as maintaining offshore accounts. Read more

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Tracking the Panama Papers

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. Read more

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Panama Papers: Tax authorities begin probes into some people named in leak

Tax authorities in Australia and New Zealand are probing local clients of a Panama-based law firm at the centre of a massive data leak for possible tax evasion. Read more

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