Topic: What you need to know about the Panama Papers - page 6. (Read 7449 times)

Again. Who's doing the releasing and why?

It´s only from one mob office providing this kind of service. So, it´s just a fraction of what´s been going on in a multitude of ratholes around the world.

At the opposite, I beleive that it's even worse then the media is showing. Why would be a surprise that politicians are dirty and that they launder money?

Wikileaks maybe to release the files, all of them.

https://twitter.com/wikileaks/status/716772373408718849

The Panama Papers, These issues about Panama papers are probably all a big hoax so don't believe any of it.

Seems to be the going rate for when they get slapped on the wrist,noticed it when I went looking for a link for you and came across a lot of banks getting slapped from time to time in that amount. They reported RBC yesterday on cbc,so I doubt its the same bank now being covered under a unknown aspect. Would wager that the top 4 all have a connection to this panama paper as they have all been caught at some point with their hand in the cookie jar.
The fine most likely goes into a arm of the government never to be seen from again. Kind of odd they gave this bank cloaking though,its going to raise some issues for people that are watching close enough.

Who is making the fine, where would the money go?

1.1 million dollars is piss poor, maybe its the Royal Bank of Canada as named in the papers.

Man! They are reporting that a unnamed bank in Canada is being fined 1.1 million dollars for using this tax haven. So why is the fine so low and why are they not named? Surely the bank will be outed when the details become more public!
Such bullshit.

Iceland's prime minister is resigning now and I think there will be more things like this. This time the leak was huge. I'm no expert in this field but I pretty much trust what Edward Snowden said in his twitter: "Biggest leak in the history of data journalism just went live, and it's about corruption."

Panama Papers: Obama, Clinton Pushed Trade Deal Amid Warnings It Would Make Money Laundering, Tax Evasion Worse

Years before more than a hundred media outlets around the world released stories Sunday exposing a massive network of global tax evasion detailed in the so-called Panama Papers, U.S. President Barack Obama and then-Secretary of State Hillary Clinton pushed for a Bush administration-negotiated free trade agreement that watchdogs warned would only make the situation worse.

Soon after taking office in 2009, Obama and his secretary of state — who is currently the Democratic presidential front-runner — began pushing for the passage of stalled free trade agreements (FTAs) with Panama, Colombia and South Korea that opponents said would make it more difficult to crack down on Panama’s very low income tax rate, banking secrecy laws and history of noncooperation with foreign partners.

Even while Obama championed his commitment to raise taxes on the wealthy, he pursued and eventually signed the Panama agreement in 2011. Upon Congress ratifying the pact, Clinton issued a statement lauding the agreement, saying it and other deals with Colombia and South Korea "will make it easier for American companies to sell their products." She added: "The Obama administration is constantly working to deepen our economic engagement throughout the world, and these agreements are an example of that commitment."

Critics, however, said the pact would make it easier for rich Americans and corporations to set up offshore corporations and bank accounts and avoid paying many taxes altogether.

“A tax haven ... has one of three characteristics: It has no income tax or a very low-rate income tax; it has bank secrecy laws; and it has a history of noncooperation with other countries on exchanging information about tax matters,” Rebecca Wilkins, a senior counsel with Citizens for Tax Justice, a nonpartisan nonprofit that advocates changes in U.S. tax policy, told the Huffington Post in 2011. “Panama has all three of those. ... They’re probably the worst.”

The Panama FTA pushed for by Obama and Clinton, watchdog groups said, effectively barred the United States from cracking down on questionable activities. Instead of requiring concessions of the Panamanian government on banking rules and regulations, combating tax haven abuse in Panama could violate the agreement. Should the U.S. embark on such an endeavor, it could be exposed to fines from international authorities.

“The FTA would undermine existing U.S. policy tools against tax haven activity,” warned consumer watchdog group Public Citizen at the time, saying the agreement would encourage corporations to thwart any U.S. efforts to combat financial secrecy. The group also noted that U.S. government contractors, as well as major financial firms supported by taxpayer bailouts, stood to gain from the trade deal's provisions that could make it harder to crack down on financial secrecy.

http://www.ibtimes.com/panama-papers-obama-clinton-pushed-trade-deal-amid-warnings-it-would-make-money-2348076

Well, the Icelandic prime minister has just resigned. He´s out and another minister will be shuffled in instead. Or that´s what the PM´s political party wants. It´s not clear though yet if the present coalition will continue. That´s up to the other coalition partner. And there´s a vote of no-confidence looming anyway, the resignation won´t change that.

Powerful force is behind Panama Papers



Source:Global Times Published: 2016-4-5 0:58:01

A huge leak of confidential documents from Mossack Fonseca, a Panama-based law firm alleged to have been a facilitator of money laundering for its clients has shocked international public opinion. Over 11 million documents were passed to German newspaper Sueddeutsche Zeitung by an anonymous source. These documents have been reportedly investigated by some 300 global journalists for a year.

The Western media soon collected the most eye-catching information from the documents and leaders of non-Western countries have been scrutinized. Most media led with the allegations that a close friend of Russian President Vladimir Putin had laundered $1 billion. The Western media has opaquely described it as "Putin's money laundering."

Some high-profile Western public figures were named, for example Iceland's prime minister was disclosed as having a huge offshore account. But this is just small potatoes compared with the alleged scandal against Putin.

In recent years, documents exposed by Wikileaks, Edward Snowden and this time, the Panama Papers, have all made headlines worldwide. Among them, Snowden's leaks sounded the most credible since they were exposed by an admitted whistleblower. While the Wikileaks website has at least a figurehead, nobody is clearly behind these latest leaks. However the documents revealed do have basic political targets, which is food for thought.

The Western media has taken control of the interpretation each time there has been such a document dump, and Washington has demonstrated particular influence in it. Information that is negative to the US can always be minimized, while exposure of non-Western leaders, such as Putin, can get extra spin.

In the Internet era, disinformation poses no major risks to Western influential elites or the West. In the long-run, it will become a new means for the ideology-allied Western nations to strike a blow to non-Western political elites and key organizations.

The online disinformation makes public opinion precise strikes possible for the West, which always "digs out" materials from the so-called confidential information. Despite different interests, Western countries are close allies in ideology. This is perhaps the basis for the concept of the "West." Public opinion of different Western countries is quite uniform.

It is risky to claim the leaked information is fabricated. It can be predicted that such disclosure will not survive if it embarrasses the West. But the West will be happy to see such leaks happen if their opponents are attacked.

Some are wondering why so many public figures handed over their secrets to the same law firm. But it is only a minor question. For ordinary people, it is useless to wrestle with the power behind the leak, which can wield such a huge amount of documents.


http://www.globaltimes.cn/content/977162.shtml


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Chess game.

Unrelated, but another massive leak...

Data of nearly 50 million Turks allegedly leaked online

ISTANBUL - The Associated Press

Hackers have posted a database online that seems to contain the personal information of nearly 50 million Turkish citizens in what is one of the largest public leaks of its kind.

The leaked database contains 49,611,709 entries and divulged considerable private information, putting people at risk of identity theft and fraud. Entries include data such as national ID numbers, addresses, birthdates and parents’ names.

The hackers spotlighted the information for Turkish President Recep Tayyip Erdoğan, his predecessor Abdullah Gül, and Prime Minister Ahmet Davutoğlu.

The leak came with the message: “Who would have imagined that backwards ideologies, cronyism and rising religious extremism in Turkey would lead to a crumbling and vulnerable technical infrastructure?”

In a message on the lessons to be learned by Turkey, the hackers said, “Bit shifting isn’t encryption.”

The hackers also dedicated their stunt to the U.S,. saying: “We really shouldn’t elect [Donald] Trump, that guy sounds like he knows even less about running a country than Erdoğan does.”

The site appears to be hosted by an Icelandic group that specializes in divulging leaks, using servers in Romania.

The Associated Press on April 4 was able to partially verify the authenticity of the leak by running 10 non-public Turkish ID numbers against names contained in the dump. Eight were a match.

In an era where hackers frequently gain access to sensitive information, the Turkish government is not alone in facing a major breach.

Among the most serious recent incidents, the U.S. government’s Office of Personnel Management revealed in April 2015 that hackers gained access to the personal information of more than 22 million U.S. federal employees, retirees, contractors and others, and millions of sensitive and classified documents.

U.S. officials believe a Chinese espionage operation infiltrated OPM’s records.
April/05/2016

http://www.hurriyetdailynews.com/data-of-nearly-50-million-turks-allegedly-leaked-online.aspx?NewsCatID=341&nid=97321&pageID=238

Wow...local news ran a story titled "rigged game"! That seens to be a postive shift towards being more honest with the public. Or just to obvious to hide anymore.

I think we all knew that 'our' political Leaders and big corporations use those Methods.

there are like how many offshore countrys like panama- at least 20

"They" all do it and keep doing it, none of these corporations or Politicians put all their eggs in 1 Basket, NOTHING will happen because of this leak.

That this Article just came out and is now everywhere makes me only ask 1 Question: what is it that they try to cover up??

And if this leak is not a cover up of something what are they trying to prove with it??

Putin has some of his change in this country, some in someother countrys, man they do as they please and nothing will stop them, Mossecka even benefits from that "Scandal", just look at the free publicity

its obvious by know its always the same people that tell us to pay taxes and this and that and they dont fucking do it thereself.

The iranian or all islamic leaders tell "their" people to life by the quran and do this and that but they dont even do it themself
The catholic church keeps telling their people gay is bad and abortion makes you got o hell but the whole vatican is a bunch of fags.

And how surprisingly politicians keep telling  us to work hard, pay taxes and you are a good citizen while they dont do shit and spend our hard working money.

Realise people and stand up and scream fuck the System and stop supporting money hungry greedy faggots like Apple, Microsoft, the Us government, Nike and all the rest of this big ass corporations.

Get out and scream FUCK THE SYSTEM and stop telling us what to do if you mothafuckas aint doing it yourself.

If you want to lead so bad than lead by example and not by telling us lies, fucking cockroaches

Its alwys the same MF involved in any scandal and we keep getting up in the morning to finance their live on our cost

A person should have ethics that pre exist their occupation.

An ethical person should act ethically with sensitive information, and sometimes ethics and honesty, as you put it, collide.

Do not confuse honesty and obedience.

I agree with bryant. Maybe there will be some show trials for the small fry but the really big fish bought up the court systems, press and politicians across the globe long time ago. They are out of reach for the everyday man of mould :/.

Panama Papers: Mainstream Media Focuses on ‘Putin Link’, Leak Group Funded By Pro-Open Borders George Soros

Despite the high profile figures directly implicated in the Panama Papers leak – the largest financial leak in history – the mainstream media has been leading on the tenuous links to Russian President Vladimir Putin. Indeed the International Consortium of Investigative Journalists (ICIJ), which has facilitated the leak, leads with a picture of Mr. Putin on its website with the headline: “Offshore network tied to Putin”.

But the Putin links, as the media has to keep repeating for legal reasons, are not in fact linked to the Russian premier, but rather to some people they claim are in his “inner circle”.

Instead, the global figures directly implicated, including the Argentinian President, Iceland’s Prime Minister, the King of Saudi Arabia – alongside a host of other Western-allied Gulf figures, the President of Ukraine and others are being somewhat insulated by the media narrative.

The leak comes just days before a Netherlands vote on the EU association agreement with Ukraine – a referendum that is effectively about the Dutch people siding with either Vladimir Putin or the EU-backed network (including the leak-named president) of Ukraine. But the focus appears to be locked on Mr. Putin for the time being.

Questions must be asked of the tactics of the ICIJ, and indeed, their backers.

The organisation, which describes itself as “a global network of more than 190 investigative journalists in more than 65 countries who collaborate on in-depth investigative stories” lists as some of its recent financial funders:

Adessium Foundation
Funds big green, as well as financial industry lobbyists, often in partnership with the George Soros-backed Open Society initiatives or foundations. The group also supports the EUObserver website, which dedicates itself to non-biased European Union reporting, though receives 64 per cent of its funding from predominantly pro-EU foundations.

Open Society Foundations
Chaired by Hungarian-American billionaire and Hillary Clinton donor George Soros, the Open Society Foundations back hundreds of pro open borders, mass immigration groups across the European Union, United Kingdom, and United States of America. Mr. Soros is a known rival of Hungarian Prime Minister Viktor Orban, and has recently written about how Mr. Putin is a “greater threat” to the West than Islamic State.

The Sigrid Rausing Trust
The Sigrid Rausing Trust, similarly to the Open Society Foundations, backs open borders and pro mass migration groups across the United Kingdom, and funds anti-Israel groups in the Middle East. The organisation funds “No Borders” in Ukraine, “Reprieve” in the UK – which defends Guantanamo Bay detainees, the American Civil Liberties Union (ACLU), and the radical left group “Southall Black Sisters” in Britain.

Graeme Wood
An Australian billionaire who has bankrolled anti coal projects in his home country, as well as supporting the Guardian website – which critics have highlighted the hypocrisy of for their own offshore tax set up. Mr. Wood was responsible for Australia’s “biggest ever political donation of $1.6 million in 2010 to the Greens” and funded the failed Global Mail news website.

The Ford Foundation
The Ford Foundation is one of the largest funders on the political left, giving out over $560 million just in 2013. The Ford Foundation has funded everything from Sesame Street to the radical TV show Democracy Now.

In addition to finding literally dozens of far left groups with agendas ranging from environmentalism to abortion, the Ford Foundation is one of the premier funders of the open borders movement, beginning with its 1968 grant to create the group MALDEF, or the Mexican American Legal Defense and Education Fund, as helping to creat the group National Council of La Raza. MALDEF and La Raza have become to the most influential groups in the US open borders movement. The Ford foundation is also been a significant funder for the ACLU and the National Lawyers guild, both key legal players in the fight for open borders.

Additionally, the Ford Foundation laid the intellectual groundwork for the modern open borders movement and its multiculturalist agenda with a series of grants in the 60s and 70s that created Women’s Studies and Black Studies programs at major universities across America. In a 1992 conference that Ford sponsored called “Cultural Diversity Enhancement” the closing speaker was Eve Grossman, a Princeton dean, who made the agenda very clear: “If we want to change the world, we have to change the students.”

Pew Charitable Trust
Like like The Ford Foundation, the Pew Charitable Trust is a major funder of a wide range of left-wing groups with focuses on arts and culture, environmental issues as well as public research opinion polling through the Pew Research group. In 2014 alone, Pew gave out over $110 million in grants.

A quick look at the Pew Charitable Trust’s website includes a number of helpful articles if you’re an illegal alien and you’d like to drive, such as the recent pop quiz Do You Know the Facts About Driver’s Licenses for Unauthorized Immigrants? and Alternative Driver’s Licenses for Unauthorized Immigrants.

David and Lucile Packard Foundation
Another heavy hitter in the world of left-wing grant writing, the Packard Foundation gave out nearly $300 million in 2013 along.

Aside from funding institutional left groups like Human Rights Watch, The Center for Reproductive Rights, And the Environmental Working Group, Packard is also funded open borders groups such as National Council of La Raza, the National Immigration Law Center, and the ACLU.

http://www.breitbart.com/london/2016/04/04/panama-papers-mainstream-media-focuses-putin-link-leak-group-funded-pro-open-borders-george-soros/

Actually it´s 2.6 Terabytes. Appeal to ethics, I doubt it. Money is much more likely. The source of money being something linked to George Soros.