Mossack Fonseca’s employees had left the branch office a day earlier, on Thursday. They had paid 12,497 pounds for the shares in 1997.
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Top officials recall two other cases in which intelligence was received of offshore Trusts being set up via Mossack Fonseca in tax havens like Nieu and the Bahamas for individuals under the Income-Tax scanner.
Opposition leaders called on Cameron to address their demands with a Monday statement to Parliament.
The prime minister’s father, Ian Cameron, an affluent stockbroker who died in 2010, was a client of Mossack Fonseca.
“I don’t think it’s fair to accuse him of hypocrisy”, said Nick Boles, minister of state for skills in Cameron’s government.
A SC senator wants to bar local governments from requiring businesses to let transgender people use the bathroom of their choosing, saying he’s taking a “stand for decency and common sense”. “His father isn’t around to defend himself”.
Hollande confirmed that France has convened a meeting of OECD experts to be held next week to explore possibilities of cooperation between fiscal administrations in the wake of the so-called Panama Papers revelations.
Other countries on the French tax evasion blacklist include Botswana, Guatemala and the Marshall Islands.
According to the BBC, “the company [Mossack Fonseca] has helped clients launder money, dodge sanctions and evade taxes”.
Romania’s richest businessman, Ion Tiriac, says he has placed assets in a private foundation in Panama.
Levin also urged tax authorities to do more with existing tax information exchange agreements, including one between the United States and Panama, to go after tax cheats and determine whether the law firm whose leaked documents prompted the scandal facilitated illegal conduct.
The extralegal consequences of this breach have yet to appear for Mossack Fonseca, but will surely arise due to the number of people who are now aware of the illicit activities. “But so far the only crime that has been proven is the hack”.
The El Salvador office is not listed on Mossack Fonseca’s corporate website.
El Salvador’s government seized about 20 computers, some documents and interviewed seven employees, but did not detain anyone.
Friday’s raid was personally supervised by Attorney General Douglas Melendez.
“If a company in England has problems nobody says anything against England, but when it happens to a firm in Panama it’s a big problem and the entire world beats up on poor Panama”, he said.
He said he would soon talk to reporters about the raid.
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We have found a lot of computers and servers.
