Search results
Apr 19, 2024 · Eight years after 11 million leaked secret financial documents revealed how some of the world’s richest people hide their wealth, more than two dozen defendants are on trial in Panama for their alleged roles.
Apr 6, 2016 · April 6, 2016. The overseas wealth of several relatives of senior Chinese leaders has come to light in an International Consortium of Investigative Journalists (ICIJ) report, part of the analysis by a group of media outlets of more than 11 million documents leaked from the Panamanian law firm Mossack Fonseca being called the Panama Papers.
Apr 8, 2024 · Updated 4:17 PM PDT, April 8, 2024. PANAMA CITY (AP) — The trial of 27 people charged in connection with the worldwide “Panama Papers” money laundering started Monday in a Panamanian criminal court. Those on trial include the owners of the Mossack-Fonseca law firm that was at the heart of the 2016 massive document leak.
- Communism Meets Capitalism
- A Company Worth $1
- White Gloves
- The Unraveling
- Home For Sale
The leaked records shine light on how some Chinese political elites use the offshore world to keep their finances discrete. Not all offshore dealings are illegal, but incorporations in the BVI and elsewhere can be used to obscure financial relationships between political elites and wealthy patrons, to hide assets, evade tax and enable anonymous sto...
Another princeling who slipped though Mossack Fonseca’s vetting process without much attention was Jasmine Li, the granddaughter of a former Standing Committee member. Li was a Stanford student when she entered the offshore world. There is no evidence in the leaked Mossack Fonseca documents that the law firm ever secured a copy of her photo ID even...
For more than a decade, Gu Kailai had managed to keep her stake in her offshore company in the Caribbean secret, which in turned allowed her to keep her villa on the Mediterranean under wraps. She and her husband, Bo, had all the ingredients of a Chinese power couple. Gu, the daughter of a former People’s Liberation Army general, worked as a butche...
Mossack Fonseca “inherited” Russell Properties S.A. as part of a batch of offshore companies that were transferred from another registered agent in mid-2011. At the time, the company’s shares were held by IFG Trust and IFG Secretaries, proxies located in Jersey in the Channel Islands. The registers of directors and shareholders didn’t mention Devil...
Devillers now lives in Cambodia. His testimony was used in both the trials of Gu and Bo but he was never charged with any crime. He did not answer ICIJ’s repeated requests for comment. Bo is serving a life sentencefor bribery, embezzlement and abuse of power. He says that someday he will be vindicated. Gu was sentenced to deathfor murdering Heywood...
Apr 20, 2024 · Updated 8:22 PM PDT, April 19, 2024. PANAMA CITY (AP) — The public portion of a trial of more than two-dozen associates accused of helping some of the world’s richest people hide their wealth came to an unexpectedly speedy conclusion Friday when a Panamanian judge said she would take the two weeks of trial arguments and testimony under ...
Apr 7, 2016 · The Panama Papers Leave Red Faces Among China’s ‘Red Elite’ 5 minute read A general view shows a building, center, where the Panama-based law firm Mossack Fonseca has an office in Shanghai ...
People also ask
What happened to the 'Panama Papers'?
Who is on trial in the Panama Papers?
Who is on trial for 'Panama Papers' money laundering?
When does the Panama Papers money laundering trial start?
Apr 6, 2016 · We would like to show you a description here but the site won’t allow us.
