Panama Papers

Does Malta have a corruption problem?

Legal practitioner and IBTimes UK columnist Martin Kenney writes 2017 has been another mega year for financial scandals.

Galizia had been investigating revelations from the Panama Papers — the 11.5 million documents leaked from law firm Mossack Fonseca in 2016.

The investigative journalist had accused Prime Minister Joseph Muscat and his aides of corruption shortly before her death.

However, finance ministers meeting in Brussels remain divided over how and where to tax online companies that operate across the European Union.

Molly Scott Cato, Green MEP for South West England and Gibraltar, has sat on three consecutive inquiry committees into tax avoidance as a member of the European Parliament.

Angel Gurria tells CBI conference recently sensationalised tax practices were being clamped down on and no longer the norm.

Appleby's long list of clients, while not named publicly, include banks, corporations, FTSE 100 and Fortune 500 companies and "high net worth individuals".

The news comes nearly a year after disclosures from the Panama Papers shook the global political elite and triggered investigations into prominent figures worldwide.

Milos Zeman has previously called journalists "manure" and "hyenas" and accused them of being "people who write about everything and understand nothing".

An anti-corruption court in Islamabad found expelled prime minister, his daughter and his son-in-law guilty.

Daphne Caruana Galizia, 53, led the Panama Papers probe into corruption claims of her country's leaders. She had been warned about the threat to her life months before.

Recent revelations suggest Scotland is effectively flaunting the system to attract dubious business from Eastern Europe, Martin Kenney writes.

Abbasi is to remain in power until ousted premier Nawaz Sharif's brother Shahbaz takes over.

A probe panel found 'significant disparity' between Sharif's income and lifestyle.

Nawaz Sharif's daughter submitted 'original documents' from 2006 in Calibri but the font was introduced only in 2007.

The court ruled that it did not have sufficient evidence to oust Nawaz Sharif.

The law firm is accused of facilitating money laundering for firms like Odebrecht, who were bribing officials.

Prince Harry is visiting the island once branded world's most dangerous due to drugs trade.

President-elect's history doesn't hold out hope to curb tax avoidance, says Joseph Stiglitz.

Some 43 high net worth individuals placed under review by government task force.

Recent polls show one in five Icelanders supporting Pirates Party that was formed by internet activists.

Panama Papers and Bahamas Leaks show that the tax avoidance industry is alive and well.

The Panama Papers is considered the largest leak of financial data in history.

The tax haven revelations forced Sigmundur Davíd Gunnlaugsson to resign as prime minister.

Swiss anti-corruption expert Mark Pieth also joins the Nobel prize-winner.

A middleman is allegedly responsible for helping an Italian energy firm win $10bn worth of contracts in Algeria.

After Cameron's pig-in-a-poke Brexit referendum, the ex-Tory leader is looking for new challenges.

Scott Z Burns will pen the script, based on eagerly awaited book The Secrecy World by Jake Bernstein.

As regulations tighten to restrict flow of dirty money criminals will seek exploit art market.