No Result
View All Result
  • MISSION STATEMENT
  • CONTACT
  • BE PART OF QUALITY JOURNALISM
  • ARCHIVE
Wednesday, October 4, 2023
E-Paper
Kashmir Observer
14 °c
Srinagar
  • NEWSLIVE
    • TOP STORIES
    • LOCAL
    • CITY
    • REGIONAL
    • WORLD
  • IN DEPTH
    • FEATURE
    • HEADS & TAILS
    • OPINION
      • OPINION
      • EDITORIAL
      • KO ANALYSIS
      • LETTERS TO EDITOR
    • SPECIAL REPORT
    • INTERVIEW
    • REVIEW
      • BOOKS
    • LONGFORM
  • BUSINESS
    • BUSINESS NEWS
    • MARKET
    • ENERGY
    • HORTICULTURE
    • HANDICRAFTS
    • CARS & BIKES
    • STARTUP KASHMIR
  • SPORT
    • FOOTBAL
    • CRICKET
    • ADVENTURE SPORTS
    • GOLF
    • ATHLETICS
    • SKIING
    • OTHER SPORTS
  • MEDIA
  • PEOPLE
  • CULTURE
    • KHYEN CHYEN
    • ARTS
    • CRAFTS
    • FESTIVALS
    • THEATER
    • LANGAUGE
  • TRAVEL
    • HOUSEBOATS
    • HOTELS
    • ANGLING
    • CAMPING
    • DESTINATION FOCUS
  • SOCIETY
    • EDUCATION
    • HEADS & TAILS
    • GENDER
    • YOUTH
    • CHILD WELFARE
  • LITERATURE
    • SHORT STORY
    • BOOKS
    • NARRATIVE
  • CINEMA
    • CINEMA & TV
  • ePAPERS
    • BAZAAR OBSERVER
    • YOUNG KASHMIR
    • MIZRAB
  • NEWSLIVE
    • TOP STORIES
    • LOCAL
    • CITY
    • REGIONAL
    • WORLD
  • IN DEPTH
    • FEATURE
    • HEADS & TAILS
    • OPINION
      • OPINION
      • EDITORIAL
      • KO ANALYSIS
      • LETTERS TO EDITOR
    • SPECIAL REPORT
    • INTERVIEW
    • REVIEW
      • BOOKS
    • LONGFORM
  • BUSINESS
    • BUSINESS NEWS
    • MARKET
    • ENERGY
    • HORTICULTURE
    • HANDICRAFTS
    • CARS & BIKES
    • STARTUP KASHMIR
  • SPORT
    • FOOTBAL
    • CRICKET
    • ADVENTURE SPORTS
    • GOLF
    • ATHLETICS
    • SKIING
    • OTHER SPORTS
  • MEDIA
  • PEOPLE
  • CULTURE
    • KHYEN CHYEN
    • ARTS
    • CRAFTS
    • FESTIVALS
    • THEATER
    • LANGAUGE
  • TRAVEL
    • HOUSEBOATS
    • HOTELS
    • ANGLING
    • CAMPING
    • DESTINATION FOCUS
  • SOCIETY
    • EDUCATION
    • HEADS & TAILS
    • GENDER
    • YOUTH
    • CHILD WELFARE
  • LITERATURE
    • SHORT STORY
    • BOOKS
    • NARRATIVE
  • CINEMA
    • CINEMA & TV
  • ePAPERS
    • BAZAAR OBSERVER
    • YOUNG KASHMIR
    • MIZRAB
No Result
View All Result
Kashmir Observer
No Result
View All Result
Home NEWS WORLD

World braces for online release of Panama Papers

by Observer News Service
May 9, 2016
A A
0
SHARES
0
VIEWS

PANAMA CITY: The Panama Papers scandal promises to deepen around the world on Monday when a journalists’ group with access to the digital cache of documents is to put many of them online.

The International Consortium of Investigative Journalists (ICIJ) is to release the documents in a searchable database at 1800 GMT on Monday accessible to the public at offshoreleaks.icij.org.

The US-based organizatiBut it will reveal names and information on 200,000 offshore entities set up by wealthy individuals around the world.

ADVERTISEMENT

The documents are from 2.6 terabytes of data given to a German newspaper, Sueddeutsche Zeitung, over a year ago by an anonymous source using the name “John Doe.”

The data came from nearly four decades of digital archives of one Panamanian law firm specialized in creating and running offshore entities, Mossack Fonseca, which says its computer records were hacked from abroad.

Read Also

Police Rejects News Report Claiming ‘Betrayal’ By DSP Adil Mushtaq

Open Defecation is History but Unscientific Waste Management Persists 

The German newspaper gave access to the trove to the ICIJ, and through it to hundreds of journalists in different countries.

Reports thus far have focused on scores of high-profile individuals: political leaders, celebrities and a few criminals.

– Iceland’s prime minister was forced to resign when his name was linked to an offshore company.

– British Prime Minister David Cameron ended up admitting he profited from an offshore firm started by his father.

– Russian President Vladimir Putin’s closest circle was named in the revelations, prompting Putin to claim the Panama Papers was a US plot against him.

– Argentine President Mauricio Macri was also linked to offshore companies.

– China censored media and online social networks from mentioning links between the families of Chinese leaders with offshore entities.on said the release “will not be a ‘data dump’” of the sort the Wikileaks group became known for.

– Other notable people made uncomfortable by the documents include Argentine football star Lionel Messi, Hong Kong film star Jackie Chan and Spanish movie director Pedro Almodovar.

Mossack Fonseca on Thursday issued a “cease and desist” lawyer to the US-based ICIJ, saying putting up the information publicly would violate attorney-client privilege.

But there is no sign of the ICIJ calling off the online database. The organisation says it is important the public be able to look at information on any offshore company in the Panama Papers.

“We think that information about who owns the company should be public and transparent,” Marina Walker Guevara, deputy director of the ICIJ, told CNN.

She stressed, however, that “this is not disclosing private information en masse.”

Since reporting on the Panama Papers started at the beginning of April, Panama’s government has been struggling to persuade the world that it is not a haven for tax-dodgers and money launderers.

France has already put the Central American nation on its blacklist of tax havens, and other Western countries are considering following suit.

The online release of more Panama Papers could deepen the damage to Panama’s image.

“We’re very concerned that the country’s reputation will be affected by this situation,” the minister for government, Milton Henriquez, told TVN-2 television.

Panama’s pushback against being singled out as a facilitator of offshore business was further complicated just days ago when the United States declared members of one of country’s most prominent business families, the Wakeds, among the top global money launderers for ruthless drug cartels.

The US blacklisted many of the Waked’s 68 companies in Panama, whose interests span a bank, an upmarket shopping center, duty free outlets and media. One of the suspects, Nidal Ahmed Waked Hatum, was arrested in Colombia and is awaiting extradition to the United States to face charges.

On Sunday, Panama’s Chamber of Commerce for Industry and Agriculture acknowledged that the scandals were “rocking the country.”

Follow this link to join our WhatsApp group: Join Now

Be Part of Quality Journalism

Quality journalism takes a lot of time, money and hard work to produce and despite all the hardships we still do it. Our reporters and editors are working overtime in Kashmir and beyond to cover what you care about, break big stories, and expose injustices that can change lives. Today more people are reading Kashmir Observer than ever, but only a handful are paying while advertising revenues are falling fast.

ACT NOW
MONTHLYRs 100
YEARLYRs 1000
LIFETIMERs 10000

CLICK FOR DETAILS

ShareTweetSendShareShareSend
Previous Post

Leaked:Saudi King financed Netanyahu’s 2015 election bid

Next Post

For London’s first Muslim mayor,the British dream now a reality

Observer News Service

Observer News Service

Related Posts

Police Rejects News Report Claiming ‘Betrayal’ By DSP Adil Mushtaq
LOCAL

Police Rejects News Report Claiming ‘Betrayal’ By DSP Adil Mushtaq

Open Defecation is History but Unscientific Waste Management Persists 
IN DEPTH

Open Defecation is History but Unscientific Waste Management Persists 

Dal Lake Loses Sheen To Red Algae Bloom
ENVIRONMENT

Dal Lake Loses Sheen To Red Algae Bloom

Power Crisis Deepens In J&K, Govt ‘Finding Ways’
TOP STORIES

Power Crisis Deepens In J&K, Govt ‘Finding Ways’

Kargil All Set For Hill Council Polls Today
TOP STORIES

Kargil All Set For Hill Council Polls Today

Opposition Parties To Hold Peaceful Protest In Jammu On Oct 10: Farooq Abdullah
TOP STORIES

Opposition Parties To Hold Peaceful Protest In Jammu On Oct 10: Farooq Abdullah

Next Post

For London’s first Muslim mayor,the British dream now a reality

Anne Posh Teli Yeli Wan Posh

Please login to join discussion

Pages

  • ABOUT US
  • ADVERTISE IN KO
  • ARCHIVE
  • BE PART OF QUALITY JOURNALISM
  • CONTACT
  • CONTRIBUTORS
  • INTERNSHIPS AT OBSERVER
  • JOBS@KO
  • KO – Homepage
  • MISSION STATEMENT
  • POLICIES
    • COMMENTING GUIDELINES
    • COOKIE POLICY
    • DISCLAIMER
    • PRIVACY POLICY
    • TERMS
  • Refund Policy
  • Team

SEARCH IN ARCHIVE

No Result
View All Result

FOLLOW US

About Us

The media in Kashmir, comprising a robust English and vernacular press has a particularly unenviable job to do. The problems faced by it are both universal to the conflict situations and unique to the region. Read More

Advertising

For Advertising on various Kashmir Observer platforms
contact

[email protected]
+91-194-2502327; +91-1947969705

© 1997 -2023 | KASHMIR OBSERVER LLP

No Result
View All Result
  • NEWS
    • TOP STORIES
    • LOCAL
    • CITY
    • REGIONAL
    • WORLD
  • IN DEPTH
    • FEATURE
    • HEADS & TAILS
    • OPINION
      • OPINION
      • EDITORIAL
      • KO ANALYSIS
      • LETTERS TO EDITOR
    • SPECIAL REPORT
    • INTERVIEW
    • REVIEW
      • BOOKS
    • LONGFORM
  • BUSINESS
    • BUSINESS NEWS
    • MARKET
    • ENERGY
    • HORTICULTURE
    • HANDICRAFTS
    • CARS & BIKES
    • STARTUP KASHMIR
  • SPORT
    • FOOTBAL
    • CRICKET
    • ADVENTURE SPORTS
    • GOLF
    • ATHLETICS
    • SKIING
    • OTHER SPORTS
  • MEDIA
  • PEOPLE
  • CULTURE
    • KHYEN CHYEN
    • ARTS
    • CRAFTS
    • FESTIVALS
    • THEATER
    • LANGAUGE
  • TRAVEL
    • HOUSEBOATS
    • HOTELS
    • ANGLING
    • CAMPING
    • DESTINATION FOCUS
  • SOCIETY
    • EDUCATION
    • HEADS & TAILS
    • GENDER
    • YOUTH
    • CHILD WELFARE
  • LITERATURE
    • SHORT STORY
    • BOOKS
    • NARRATIVE
  • CINEMA
    • CINEMA & TV
  • ePAPERS
    • BAZAAR OBSERVER
    • YOUNG KASHMIR
    • MIZRAB

© 1997 -2023 | KASHMIR OBSERVER LLP