Published On: Tue, Apr 5th, 2016

Prosecutors to Launch Investigation, World’s Richest Refused ‘Panama Papers’ Links

Advertisement

The governments have launched probe over the wealthy and influential people’s financial wrongdoings in wake of a leak of four decades of documents by a Panamanian law company which works to assess setting up offshore companies.

Prosecutors-to-Launch-Investigation-Worlds-Richest-Refused-Panama-Papers-Links

Nonetheless, disclosure by the “Panama Papers” regarding politicians across world’s financial arrangements as well some wealthiest figures as well as Russian President Vladimir Putin’s friends and United Kingdom’s prime ministers’ relatives, senior figures from Iceland and Pakistan and the president of Ukraine all also part of the high level corruption.

Advertisement

These renowned politicians and other rich figures across the world holding money in offshore companies which considered totally illegal or violation of laws of any country, while after receiving the leaked documents by Panama Papers, journalists from other countries have started work to find out the proofs of wealth hidden for tax evasion, sanctions busting, drug deals, money laundering, as well as other offenses.

Mossack Fonseca & Co., the law firm who has claimed to collect documents up to 240,000 offshore companies for clients all over the world but these all celebrities have declined any wrongdoing by declaring themselves the victims of a campaign against privacy.

It was explained in Mossack Fonseca statement published its website on Monday, explained they just revealed documents to unveil wrongdoing of the wealthy and rich figures across the world but media trying to misrepresent the nature of their job.

They also revealed their company earn apart from the professional fees and don’t want possession or custody of clients’ money. Journalists also attempting to figure out evidences or who much reality Panama Papers leaks have.

Top figures from the leaks of Panama Papers have reacted firm denying but regulators and prosecutors have started assessment of the reports from the inquiry by the U.S.-based International Consortium of Investigative Journalists (ICIJ).

Advertisement

Special Recent Posts

Salman And Shah Rukh Ready To Work Together But On Conditions

Salman And Shah Rukh Ready To Work Together But On Conditions

  An intelligent writer or director should come up to Salman Khan and Shah Rukh Khan as soon as p[...]
There was no common fault in Note 7, Samsung says

There was no common fault in Note 7, Samsung says

Samsung flagship handset of this summer “Galaxy Note 7” turned into a kind of commercial catastr[...]
Presidential Medal of Freedom honored to Michael Jordan, Ellen DeGeneres.

Presidential Medal of Freedom honored to Michael Jordan, Ellen DeGeneres.

Top 10 Most Powerful Politicians In The World 2016 Barack Obama President of United States ha[...]
Rihanna and Prince Harry celebrated independence of Barbados

Rihanna and Prince Harry celebrated independence of Barbados

Also See:Beyoncé Defeats Madonna By Winning 21 MTV VMA Awards In 2016, Drake Express Love For Ri[...]
Reviews of Dear Zindagi as this film seems acted superbly

Reviews of Dear Zindagi as this film seems acted superbly

Coming after a sequence of Bollywood numbers set free with latest covers such as Tum Bin 2, Forc[...]
What to know about Han Solo movie.

What to know about Han Solo movie.

Han Solo movie Whilst we are on the brink of initial Star Wars movie which will be not about someon[...]
Swami Om is popular, no matter what in Bigg Boss 10.

Swami Om is popular, no matter what in Bigg Boss 10.

Contestant of Bigg Boss 10 Swami Om has annoyed several by means of his sexist comments on show pr[...]
TOP 10 MOST EXPENSIVE SPORTS CARS IN THE WORLD

TOP 10 MOST EXPENSIVE SPORTS CARS IN THE WORLD

MOST EXPENSIVE SPORTS CARS In our world today, everyone is interested in cars. All over the world, [...]
TOP 10 WORKOUT SONGS IN THE WORLD

TOP 10 WORKOUT SONGS IN THE WORLD

WORKOUT SONGS IN THE WORLD Keeping yourself healthy and balanced as well as in top condition requir[...]
Priyanka Chopra and Dwayne Johnson (The Rock) on Twitter

Priyanka Chopra and Dwayne Johnson (The Rock) on Twitter

Priyanka Chopra and Dwayne Johnson on Twitter Actor Dwayne Johnson is titled as 'sexiest man [...]