The Latest From the Panama Papers Scandal
The latest details to emerge from the leaked Panama Papers deal with sanctions dodging by countries such as Syria and North Korea.
The latest details to emerge from the leaked Panama Papers deal with sanctions dodging. They show a legal firm enabled leading regime figures in Syria and North Korea to keep their companies trading - despite being blacklisted by US Treasury sanctions. The firm in question, Mossack Fonseca said it had never knowingly allowed individuals connected with Syria or North Korea to use its companies. But a 大象传媒 investigation found the firm had set up a company for a North Korean official and fronted six businesses for the Syrian billionaire, Rami Makhlouf, who's been subject to American sanctions since 2008. We hear from Tom Keatinge - Director for Financial Crime and Security at the Royal United Services Institute.
In Iceland, thousands of protestors called for the resignation of Prime Minister Sigmunder Gunnlaugsson after the papers revealed he had failed to declare a stake in an offshore company. We hear from Aagill Helgason, a journalist and political commentator in Iceland; he believes that the Prime Minister is running out of friends.
We cross over to Washington where White House spokesman Josh Earnest said the US was looking at ways to fight attempts to get around sanctions they've put in place. Heather Lowe is Legal Counsel and Director of Government Affairs at Global Financial Integrity in Washington DC and we ask her if the American justice system is up to the job.
When you're running a big international company, you're probably going to need advice and support behind the scenes. That's often where the Big Four come in - the firms that dominate the global market in accounting and consultancy. The boss of one of them, though, has just managed to upset Lucy Kellaway of the Financial Times.
We cast the net a little wider to draw in some of the business headlines from elsewhere in the world - and cross to Kolkata - and the 大象传媒's Rahul Tandon.
We're joined throughout the programme by Simon Littlewood in Singapore. He's President at Asia Now consulting group and the radical activist Jose Martin is with us from New York.
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- Tue 5 Apr 2016 00:06GMT大象传媒 World Service except News Internet
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The 'Panama Papers'—Business Matters
The impact of the leak of documents from Panamanian law firm Mossack Fonseca
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Business Matters
Global business and finance news and discussion from the 大象传媒