Tuesday, April 5, 2016

China, Pakistan Push Back on Offshore Revelations as Syria Named
  • European politicians see wakeup call to combat tax evasion
  • `Panama Papers' trail getting more murky, U.K.'s Corbyn says
China denounced the so-called Panama Papers exposing shell companies as part of a conspiracy and Pakistan’s prime minister denied his family did anything wrong as the revelations spurred calls by European political leaders to clamp down on tax evasion.
As media outlets expanded reporting based on 11.5 million leaked documents that point to some of the world’s wealthiest people, the Panamanian law firm at the center of the leak, Mossack Fonseca, said prosecutions will fail because its clients haven’t broken any laws.
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