Thursday, Sep 29, 2022

Panama Papers


Panama Papers: Firm Amitabh Bachchan denied link to acquired ship from his brother

June 13, 2016 5:19 am

In 1993, according to Mossack Fonseca records, four shipping companies were set up in the Bahamas and British Virgin Islands where Amitabh Bachchan served as director.

Imran Khan threatens fresh sit-in against Nawaz Sharif over Panama papers

June 12, 2016 6:29 pm

Documents released as part of the Panama Papers leak showed that the Pakistani Prime Minister's children owned several off-shore companies.

Those with illegal money to be prosecuted: Jaitley on Panama Papers

May 29, 2016 3:40 am

"If illegal money is found in accounts of those who are named in Panama case, then they will also be prosecuted as in case of HSBC accounts," he said.

Panama Papers law firm closes Jersey, Gibraltar offices

May 28, 2016 7:49 am

The announcement came nearly eight weeks after the first reports about the Panama Papers emerged

Modi govt anniversary event: Amitabh Bachchan may share govt stage, Congress raises Panama probe

May 26, 2016 12:00 am

The party asked if such a programme would send a signal to agencies probing the Panama Papers case.

Panama Papers: SC refuses hearing of interim plea on Participatory-notes

May 20, 2016 5:54 pm

The interim plea, which was filed in a pending PIL seeking CBI inquiry against Indian offshore bank account holders named in the Panama papers, was mentioned before the vacation bench by lawyer M L Sharma.

Abhishek Bachchan on Panama Papers: I don't think our image has been harmed

May 18, 2016 11:29 pm

'Let the government do what it they have to do. Let them decide and when the facts come out, I think you might not be asking that question,' said Junior Bachchan.

Top wilful defaulter Zoom Developers linked to BVI trust

May 18, 2016 2:21 am

According to an investigative audit by the lenders, Zoom allegedly diverted loan funds to 350-odd subsidiaries, related parties based in India and abroad, and to purchase jewellery for the wife of its promoter Chaudhary.

Panama Papers: Pak PM Nawaz Sharif proposes probe in parliament, Opposition walks out

May 17, 2016 1:02 am

Sharif asked the opposition and other lawmakers to help form a parliamentary commission.

Panama govt, MEA to hold talks on pact to swap tax information

May 17, 2016 12:54 am

She said Panama was open to consider as many treaties as possible with other countries to facilitate exchange of information.


Panama Papers: The big names that found a place in the list

April 05, 2016 10:10 am

Panama Papers: More than 11 million documents from the secret files of Mossack Fonseca, a law firm headquartered in tax haven Panama, were accessed by Munich-based newspaper Suddeutsche Zeitung which collaborated with ICIJ and over 100 media organisations, including The Indian Express, to investigate its contents


Panama Papers: A Peek Into India Express' 8 Month Long Investigation

April 04, 2016 10:13 am

Thousands of Mossack Fonseca (MF) documents reviewed by The Indian Express and subsequent enquiries reveal that the Sharif family mortgaged four of these properties to the Deutsche Bank (Suisse) SA for a loan of GBP 7 million and the Bank of Scotland part financed the purchase of two other apartments.

Panama Papers: Karnal to London via Bahamas, The Route Indiabulls Promoter Took

April 04, 2016 10:07 am

Indiabulls, one of the country’s largest realty groups controlled by Sameer Gehlaut, brother Nagendra and father Balwan Singh, made headlines in June 2014 when it acquired a 87444-sq ft property for GBP 155 million at Hanover Square in London. Before Indiabulls Real Estate Ltd entered the UK market, Sameer Gehlaut acquired at least three top London properties through family entities in Karnal, Delhi, Bahamas, Jersey and UK. Currently being developed as residential and hotel projects, these properties are owned by SG Family Trust, set up in October 2012 for the benefit of the family.

Explained: What Do The Panama Papers Reveal

April 04, 2016 9:55 am

Individuals who have set up offshore entities through the Panama law firm. Some of the Indians floated offshore entities at a time when laws did not allow them to do so; some have taken a technically convenient view that companies acquired is not the same as companies incorporated; some have bunched their annual quota of remittances to subscribe to shares in an offshore entity acquired at an earlier date. Still, some others have received income earned abroad and deposited it in the entity to avoid tax. Some have opened a bank account to keep payoffs in government contracts, or held “proceeds of crime” or property bought with money made illegally in Trusts/ Foundations