BTW, has the Amaya Inc. (parent company of PokerStars and Full Tilt Poker) scandal made much news in Canada? I own a very small amount of stock in them and it has tanked since the CEO allegations came out but there hasn't been much other news.
There's been a reasonable amount of ongoing coverage on CBC radio business panels - especially when they have panellists from Quebec. Quebec is pretty assertive on investigating and prosecuting insider trading/securities market rule infringements.
Mon 4 Apr, 2016 01:04 pm
In Spain, Justice Minister Rafael Catala announced that tax authorities will examine if tax laws have been violated.
In Austria, two banks are searched for details (Raiffeisen Bank International and Vorarlberg Landes- und Hypothekenbank)
In Norway, the DNB (bank) has been asked to give written evidence.
In Sweden, Nordea Bank AB has been interrogated.
The US Justice Department is reviewing documents published as part of the Panama Papers leaks to see if they constitute evidence of corruption that could be prosecuted, according to several reports.
... ... ...
Thanks, been working and not following news. The US statement seems not to support my speculation, that this was already in the US hands prior to this release. They seem to merely be confirming that they know about it and are looking into it now, but I had thought they knew about it before this week.
Yes, Panama is in the west. It's the southern-most country in North America. In the words of Senator Hiakawa of California, "we stole it, fair and square, we should keep it." He was referring to an incident in which the Panamanians, then in a province of Columbia, rebelled yet again. But President Theodore Roosevelt want to build an isthmian canal, so he sent a cruiser and some Marines there to help them break away, after which, surprise, surprise, the Panamanians gave the U.S. a sweetheart contract to build the canal.
Mon 4 Apr, 2016 04:18 pm
The west, as in US and Europe, will be using this info to claim Russia leaders are ripping off the citizens to the tune of billions. It sounds like Russia was trying to get out in front and claim it is really only anti-Russian propaganda.
Mon 4 Apr, 2016 05:04 pm
The CBC world news just reported that Australian officials have begun na investigation to determine if any Australian politicians or officials have been involved.
Iceland's prime minister has resigned in the wake of the Panama Papers scandal, according to his party.
Sigmundur Gunnlaugsson had earlier asked the president for permission to dissolve parliament. President Olafur Ragnar Grimsson, who cut short a visit to the US to deal with the crisis, told a televised press conference he wanted to consult the government's junior coalition member before making a decision.
Tue 5 Apr, 2016 09:59 am
from the same link
Panama files reveal links to North Korean firms
Documents from the Panamanian legal firm at the centre of the data leak show that it had clients from North Korea who were blacklisted by US Treasury sanctions.
Clients of the company Mossack Fonseca included companies linked to North Korea's nuclear weapons programme.
The leaked documents show that Mossack Fonseca set up a company in 2006 called DCB Finance based in North Korea's capital Pyongyang but did not take notice of this for four years until late 2010 when it stopped doing business with the firm.
It was later sanctioned by the US Treasury for raising funds for the North Korean regime and being linked to a bank helping to fund the regime's nuclear weapons programme.