Breaking News
October 15, 2018 - An honorary crest-2018 was handed over on the occasion of the 18th anniversary of Sharmin Selim Tuli’s business. Twelve successful women in different fields of the society were honored. The book ‘Rup Charchar Satsotero’ written by Sharmin Selim Tuli was unveiled at All-Community Club of Gulshan-2 in the city on Saturday evening. State Minister for Women and Children Affairs Meher Afroz Chumki, Salma Islam MP, Raziuddin Ahmed Razu, MP among others were present.
October 15, 2018 - SAK Ekramuzzaman, Managing Director of Rakeen Development Company (BD) Limited, handing over a symbolic key to a flat owner of Bijoy Rakeen City in Mirpur at a ceremony on Sunday. Lt. Col (Retd.) AKM Zahurul Islam, Company Chief Operating Officer and other senior officials of the company were also present.
October 15, 2018 - Befitting reply awaits Padma Bridge “conspirators”: PM
October 15, 2018 - Dr Kamal joined hands with killers: PM
October 15, 2018 - Youth engagement in development process a must to achieve SDGs: Rizvi
October 15, 2018 - President, PM greet Hindu community on Durga Puja
October 15, 2018 - Jukto Front’s alliance with criminals ridicules nation: Inu
October 14, 2018 - BNP is a terrorist party: Quader
October 14, 2018 - All set to make Prime Minister’s visit to Mushiganj success
October 14, 2018 - GDP to increase by 2 percent due to Padma Bridge: Quader
October 14, 2018 - 17,000 assistant teachers to be promoted to headmaster: Mostafizur
October 14, 2018 - No alternative to Sheikh Hasina’s leadership for dev: Moshiur
October 14, 2018 - Next JS election as per constitution: Hanif
October 14, 2018 - Nahid for building bondage among Muslim countries for global terrorism
October 14, 2018 - ‘Made in Bangladesh’ is our national pride: Jabbar
October 10, 2018 - Verdict in August 21 grenade attack case today
October 10, 2018 - No mercy for sabotage acts centering Aug 21 grenade attack verdict: Quader
October 10, 2018 - Dr Kamal, B Chowdhury’s great somersault for Tarique Zia: Inu
October 9, 2018 - No alternative to victory of AL: HT Imam
October 9, 2018 - PM donates Tk 50 lakh for Prof Mahbub’s treatment
October 9, 2018 - Digital Security Act to save innocents: Quader
October 9, 2018 - Information on education made available online: Nahid
October 9, 2018 - Govt approves National Agriculture Policy 2018
October 8, 2018 - Bangladesh clinch maiden SAFF U-18 Women’s Championship title
October 8, 2018 - nvestment will further rise: Muhith
October 8, 2018 - BNP needs to join polls to change state power: Quader
October 7, 2018 - Syed Waseque Md. Ali, Managing Director of First Security Islami Bank Limited, speaking at a view exchange meeting regarding modern technology-based remittance payment system as chief guest held at Rome in Italy recently. Md. Hamid Alam, Country Manager, Farid Ahmed Bhuiyan, Operations Manager, Rahat Jaman, Office Dean of First Security Islami Exchange, Italy S.R.L were also present.
October 7, 2018 - BD to be 26th largest economy by 2030, says envoy to USA
October 7, 2018 - BD received $1,127.36m remittance in Sept
October 7, 2018 - Business Climate Dialogue with EU: Bangladesh seeks GSP Plus benefit
Panama Papers law firm closes Jersey, Gibraltar offices

Panama Papers law firm closes Jersey, Gibraltar offices

PANAMA CITY:  The law firm at the heart of the Panama Papers revelations is closing its offices in the British-dependent territories of Jersey, Isle of Man and Gibraltar, it tweeted Friday.

Mossack Fonseca “will be ceasing operations” in those territories, “but we will continue serving all of our clients,” it said.

“This decision has been taken with great regret, as Mossack Fonseca has had a presence in these locations for more than 20 years,” the Panama-based law firm added.

The office closures were part of a strategy to “consolidate our service office network,” it said.

The announcement came nearly eight weeks after the first reports about the Panama Papers emerged, divulging details taken from nearly four decades of records from Mossack Fonseca’s computer archives.

They revealed that many prominent leaders, politicians, celebrities and wealthy individuals around the world used Mossack Fonseca to start up or run offshore entities to hold their assets.

Although offshore companies are not in themselves illegal, the sudden publication of the information drew attention to possible tax avoidance and money laundering crimes in some cases, and embarrassed some figures trying to keep their finances secret.

News of the closure of Mossack Fonseca’s offices in Jersey and Isle of Man — two Crown dependencies of Britain — and Gibraltar — a British overseas territory jutting off from Spain — was reported earlier this week by local media in those territories and the BBC.

The law firm in Panama did not confirm the information on Thursday when contacted by AFP.

While its tweets Friday said those closures were happening, they made no mention of another report circulating this week in US media, about Mossack Fonseca’s affiliate in the state of Nevada resigning as the agent for 1,000 companies it administered there.

About author

Leave a reply

You must be logged in to post a comment.

AWARD

Reflection Team

বাংলা

স্যান্ডউইচের দামে দেহ বিক্রি করছেন গ্রিক নারীরা!

স্যান্ডউইচের দামে দেহ বিক্রি করছেন গ্রিক নারীরা!

ভেঙে পড়ছে গ্রিসের অর্থনীতি। দুই মেয়াদে ক্ষমতায় এসেও সিপ্রাস সরকার চিত্রটা পাল্টাতে পারেনি। দিন দিন বাড়ছে বেকারত্ব। গোটা দেশটার আর্থ-সামাজিক…

Recent Video

Photo Gallery

Folder not found
wp-content/uploads/2012/02/