Panama refuses to cooperate with Malta in Panama Papers scandal
MIAMI - Tax authorities in Malta have announced that the government of Panama has declined to assist them in their investigations into tax evasion initiated following information released by journalists in the Panama More...
Panama’s attempts at Panama Papers damage control fall short
MIAMI - The government of Panama, anxious to show the financial world that it is engaged in meaningful reform, has announced that it is adopting the recommendations of the controversial independent committee that More...
Essential issues will be avoided, warns American former member of Panama Papers committee
MIAMI - Joseph Stiglitz, the sole American member of the financial reform commission in Panama, more commonly known as the Panama Papers Committee, resigned recently, when he saw Panama's overbearing influence in More...
Extradition of Panama’s former president may be sought from the US
MIAMI - Conflicting reports from Panama City indicate that, on one hand, the country's former president, Ricardo Martinelli, will now have extradition papers filed against him in the United States. On the other More...
Corrupt local officials ignored DEA evidence against Panama Papers law firm in 2009
MIAMI - The money laundering and tax evasion operations conducted for clients by the so called Panama Papers law firm of Mossack Fonseca were an open secret in Panama City, but local law enforcement agencies and More...
Panama regulators deny loss of US correspondent banking services
MIAMI - Panamanian regulators have disputed the accuracy of a recent article detailing the imminent loss of correspondent accounts in the US by Panamanian financial institutions, notwithstanding that customers More...
New incorporations decline in Panama
MIAMI - Statistics released in Panama show that there has been a decline in the number of new incorporations, ever since the Panama Papers offshore scandal broke in global media. Though Panama's civic boosters have More...
