Panama Papers Leak Case

Twenty-seven people are set to go on trial on Monday for money laundering in connection with the "Panama Papers" tax evasion scandal, which revealed how many of the world's wealthy stashed assets in offshore companies.

The Income Tax (I-T) department on Tuesday conducted searches at over 25 locations in Delhi and the National Capital Region in connection with its tax evasion probe into the Panama Papers leak cases, official sources said.

Finance Minister Arun Jaitley today said the Union government will consider each case brought out by 'Paradise Papers' on its "individual merit". He said the government probe into the leaked documents from a Bermuda-based global offshore law firm, detailing financial holdings abroad of over 714 Indian entities and individuals, will follow the proce...

Investigations in the Panama Papers leak cases have resulted in the Income Tax Department detecting undisclosed wealth of 792 crore so far even as the probe is on in "full swing", the CBDT said.

A Pakistani court on Thursday issued arrest warrants for ousted prime minister Nawaz Sharif in two cases of corruption spiralling from the Panama Papers leak, his lawyers said.

The Congress today questioned why no action has been taken against all the people whose names have come up in the Panama Papers.

Pakistan's Supreme Court on Friday disqualified Prime Minister Nawaz Sharif from office after a damning corruption probe into his family wealth over the Panama Papers leak, cutting short his third stint in power.

Pakistan Prime Minister Nawaz Sharif was given a reprieve today when the Supreme Court held off on a verdict on corruption allegations against him in the "Panama Papers" leaks but ordered an investigation in a ruling that quoted "The Godfather". Mr Sharif, 67, has denied any wrongdoing, but late last year, the Supreme Court agreed to take up the ca...

A looming Supreme Court decision that could disqualify Prime Minister Nawaz Sharif over corruption allegations had the country on edge Wednesday, as a drawn-out investigation related to the 'Panama Papers' leaks neared a conclusion.

Cricketer-turned politician Imran Khan today submitted to the Supreme Court evidence relating to the Panama Papers Leak case against Prime Minister Nawaz Sharif, showing that premier's family laundered Rs 145 million since 1988 through illegal business to evade taxes.

Pakistan's Supreme Court today said a single-member commission will probe allegations made against Prime Minister Nawaz Sharif's family in the Panama Papers case and expressed strong displeasure at the failure of his children to respond to the charges.

Pakistan's Supreme Court today issued notice to Prime Minister Nawaz Sharif and his family members in the 'Panama Papers' leaks case, acting on petitions seeking his disqualification over alleged corruption and illegally possessing assets abroad.

Government today said in the Lok Sabha that it has issued notices to all the people named in the Panama Papers but tax laws do not allow the proceedings to be made public till cases are filed in courts.

The Special Investigation Team (SIT) on black money today held a meeting and reviewed some important tax evasion and money laundering probe cases like the recent 'Panama Papers' disclosures and those related to bank frauds.

A strict investigation into 'Panama Papers' is on to find out if illegal activities have taken place in overseas Indian accounts, while full force of law has been applied to deal with 'wilful default' cases like that of Vijay Mallya, the Finance Ministry said today.

Twenty-seven people are set to go on trial on Monday for money laundering in connection with the "Panama Papers" tax evasion scandal, which revealed how many of the world's wealthy stashed assets in offshore companies.

The Income Tax (I-T) department on Tuesday conducted searches at over 25 locations in Delhi and the National Capital Region in connection with its tax evasion probe into the Panama Papers leak cases, official sources said.

Finance Minister Arun Jaitley today said the Union government will consider each case brought out by 'Paradise Papers' on its "individual merit". He said the government probe into the leaked documents from a Bermuda-based global offshore law firm, detailing financial holdings abroad of over 714 Indian entities and individuals, will follow the proce...

Investigations in the Panama Papers leak cases have resulted in the Income Tax Department detecting undisclosed wealth of 792 crore so far even as the probe is on in "full swing", the CBDT said.

A Pakistani court on Thursday issued arrest warrants for ousted prime minister Nawaz Sharif in two cases of corruption spiralling from the Panama Papers leak, his lawyers said.

The Congress today questioned why no action has been taken against all the people whose names have come up in the Panama Papers.

Pakistan's Supreme Court on Friday disqualified Prime Minister Nawaz Sharif from office after a damning corruption probe into his family wealth over the Panama Papers leak, cutting short his third stint in power.

Pakistan Prime Minister Nawaz Sharif was given a reprieve today when the Supreme Court held off on a verdict on corruption allegations against him in the "Panama Papers" leaks but ordered an investigation in a ruling that quoted "The Godfather". Mr Sharif, 67, has denied any wrongdoing, but late last year, the Supreme Court agreed to take up the ca...

A looming Supreme Court decision that could disqualify Prime Minister Nawaz Sharif over corruption allegations had the country on edge Wednesday, as a drawn-out investigation related to the 'Panama Papers' leaks neared a conclusion.

Cricketer-turned politician Imran Khan today submitted to the Supreme Court evidence relating to the Panama Papers Leak case against Prime Minister Nawaz Sharif, showing that premier's family laundered Rs 145 million since 1988 through illegal business to evade taxes.

Pakistan's Supreme Court today said a single-member commission will probe allegations made against Prime Minister Nawaz Sharif's family in the Panama Papers case and expressed strong displeasure at the failure of his children to respond to the charges.

Pakistan's Supreme Court today issued notice to Prime Minister Nawaz Sharif and his family members in the 'Panama Papers' leaks case, acting on petitions seeking his disqualification over alleged corruption and illegally possessing assets abroad.

Government today said in the Lok Sabha that it has issued notices to all the people named in the Panama Papers but tax laws do not allow the proceedings to be made public till cases are filed in courts.

The Special Investigation Team (SIT) on black money today held a meeting and reviewed some important tax evasion and money laundering probe cases like the recent 'Panama Papers' disclosures and those related to bank frauds.

A strict investigation into 'Panama Papers' is on to find out if illegal activities have taken place in overseas Indian accounts, while full force of law has been applied to deal with 'wilful default' cases like that of Vijay Mallya, the Finance Ministry said today.