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Posts Tagged ‘counterpowers’

‘Panama Papers’ scandal claims Spanish minister

Sunday, April 17th, 2016

The “Panama Papers” scandal has claimed another victim — Spain’s minister of Industry, Trade and Tourism resigned over charges of ties to a company in an offshore tax haven.

The government quickly accepted the resignation. “No one who has operated in tax havens may be in the government,” Finance Minister Cristobal Montoro said, the newspaper reports.

The resignation comes 10 days after Iceland’s prime minister, Sigmundur Gunnlaugsson, stepped aside following revelations stemming from the “Panama Papers” investigations that his family sheltered money offshore.

The investigations were triggered by the leak of millions of documents from the Panamanian law firm Mossack Fonseca, which has been the conduit for numerous offshore accounts set up by government officials, celebrities, sports figures and wealthy individuals worldwide. The leak, initially to the German newspaper Suddeutsche Zeitung, quickly spread to an international consortium of newspapers, including El Mundo.

The Spanish newspaper reported that a company owned by Soria and his brother used an offshore account until 2002, when he was mayor of Las Palmas, in the tax haven of Jersey, an independent island territory between Britain and France. The newspaper said the company’s true ownership “remained camouflaged behind a network of front men created by a subsidiary … based on the British island in the English Channel.”

Soria initially denied the allegations, but backtracked after additional information surfaced, including a copy of a document signed by him with a financial services company in Jersey.

Top 10 Non-violent protests

Sunday, April 19th, 2015

great pictures for Time Magazine here

Rosa Parks, seated on a bus

 

American Olympic runners Tommie Smith and John Carlos

old is but good is …

Saturday, March 22nd, 2014
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Enjoy your week-end with The Cricktets “I fought the law”