Panama took a break in investigation of Offshores' case
The Attorney General questioned the legality of the investigation.
Panamanian authorities have stopped the investigation into the so-called Panamanian archive - leaked documents about offshore companies, Kommersant says. The Attorney General of Panama, Anna Matilde Gomez, said at a press conference that the investigation had been suspended in connection with the specification of the question of its legality. The final decision on the case the Supreme Court will make.
April 3, 2016, the International Consortium of Investigative Journalists published numerous investigations based on an analysis of the so-called Panamanian Archive. It was a set of documents sent to journalists by an employee of the law firm Mossack Fonseca. The archive discloses a system of creating offshore companies, which were used to hide billions of dollars. In the list of Panamanian Archive 12 current and former heads of state, more than 100 politicians and celebrities from around the world were mentioned.
In Russia, journalists of Novaya Gazeta were engaged in the study of the Panamanian Archive. They found that in the archive there are mentioned the Presidential Spokesman, Dmitry Peskov, ex-Minister of Economic Development Alexey Ulyukaev, Head of the Moscow Department of Transport Maxim Liksutov, former Deputy Governor of the Presidential Affairs (UDP) Ivan Malyushin, Russian Security Council Secretary Nikolay Patrushev, Deputy Minister of the MIA Igor Zubov, heads of the Pskov and Chelyabinsk regions Andrey Turchak and Boris Dubrovsky and already former State Duma deputies Viktor Zvagel'skii, Suleiman Geremeev, Alexander Babakov and Mikhail Slipenchuk.
The main investigation in the Panamanian Archive's framework concerned Sergey Roldugin, the musician and longtime friend of the President of the Russian Federation. Reporters found that Roldugin performs a major role in the large-scale offshore scheme to siphon off money.
After the international investigation into the Archive Panama acceded to the Convention of the Organization for Economic Cooperation and Development, which obliges the country to share tax information with other states.
Karina Tsurkan was taken under arrest on suspicion of espionage. The board member of Inter RAO turned out to be a Russian national as opposed to the earlier claims that she was a Moldovan one. She gave up her Moldovan passport two years ago.
Nana Hernandez Getashvili, architect accused of stealing money from Rostec head Chemezov, no longer under in-absentia arrest
The Europe’s best architect of 2014 and 2015 in three nominations in a prestigious international competition in London is accused of two counts of major fraud. The total damage from the fraud is estimated at about 10 million euros.
The clampdown on the ‘Baltic laundromat’ hasn’t destroyed the global cash-out market. ‘Black cash’ is still laundered at the state level. Apparently, the main money laundering hub is currently located in a small Central Asian country – Kyrgyzstan. Ethnic criminal groups operating in Russia, Europe, and Central Asia use it to legalize their shady proceeds. Revenues generated by the illegal business are estimated at $500 million per year. However, it is impossible to covertly launder money on a global scale. Is the national political establishment involved in the criminal schemes?