Regis Tremblay interviews Lucy Komisar on video, Dec. 2022. --Bill Browder. Convicted of tax evasion in Russia, ran off with millions. Singlehandedly with the help of anti-Russian Democrats passed the Magnitsky Act to punish Russians. His anti-Putin, Anti-Russia lies played right into the hands of the US Deep State, CIA, St…
record $991bn flowed illicitly out of developing economies in 2012—facilitating crime, corruption, and tax evasion—finds a new GFI study.
As this report demonstrates, illicit financial flows are the most damaging
economic problem plaguing the world's developing and emerging
economies, said GFI President Raymond Baker, a longtime authority on
financial crime. These outflows already greater than the combined sum
of all FDI and ODA flowing into these countries are sapping roughly a
trillion dollars per year from the world's poor and middle-income
economies.
By Lucy Komisar Inter Press Service (IPS) – Feb 3, 201 The global bank HSBC may be running offshore accounts for central banks. According to a U.S. Senate investigation, an HSBC subsidiary in London called HSBC Equator Bank had a sister bank in the Baham
World Bank paper on "...those economic activities and the income derived from them that circumvent or otherwise avoid government regulation, taxation or observation." "The authors find that the driving forces of the shadow economy are an increased burden
"At last, a readable - indeed gripping - book which explains the nuts and bolts of tax havens" - Misha Glenny, author of McMafia Treasure Islands is published at the start of a seismic shift in thinking about a scandal and a system that has gone almost u
Utlåtande om Hirvonen, Lith & Waldens utredning " Suomen kansainvälistyvä harmaa talous" (EDUSKUNNAN TARKASTUSVALIOKUNNAN JULKAISU 1/2010). "I Finansministeriets publikation 32/2010 behandlas frågan om en utvidgning av flerstegsmodellen för värdepappersf
Kostas Vaxevanis was arrested on Sunday, after his weekly journal, Hot Doc, printed the list of names, which including prominent members of Greece's political and business elite.
31 October 2011 Exactly two years after his death in a dank, frigid, rat-infested cell, Sergei Magnitsky has become a byword for the byzantine world of state-sanctioned corruption, money laundering and violence endemic in some of Russia's political and economic elites.
by Winter on 14 Nov 2013Tech giant Apple is making the news with another case of massive tax evasion; Italy claims that Apple has shielded 1 billion euros ($1.34 billion US) in profits from being taxed in 2010 and 2011. First reported by Italian magazine L’Espresso HERE, the case has been confirmed by Reuters through two judicial sources: Apple’s Italian operation is said to have underreported its taxable income by €206 million in 2010 and €853 million in 2011.
the International Consortium of Investigative Journalists made a splash in the financial media in April 2013 when it disclosed a trove of secret documents ...in the aftermath of the Cyprus deposit confiscation ... the ICIJ is back in the spotlight once again, this time revealing "nearly 22,000 tax haven clients from Hong Kong and mainland China."
International Consortium of Investigative Journalists (ICIJ) 21 Jan 2014: "Chinese officials aren’t required to disclose their assets publicly and until now citizens have remained largely in the dark about the parallel economy that can allow the powerful and well-connected to avoid taxes and keep their dealings secret. By some estimates, between $1 trillion and $4 trillion in untraced assets have left the country since 2000."