News Panama Paper Leak: Under Modi's Kingdom Everyone is Safe Even the Culprits

Panama Paper Leak: Under Modi’s Kingdom Everyone is Safe Even the Culprits

Last year, when the Panama Paper leak was reported, it bumped the so-called establishment in India. Panama Papers for the first time in history presented the full-fledged documented proof of black money being stored in foreign countries. The International Consortium of Investigative Journalists (ICIJ) released the full list of companies and individuals in the Panama Papers on 10 May 2016.

panama paper leak
Source: DNA

- Advertisement -

According to the Hindustan Times, On Tuesday, the Supreme Court of India asked the government whether a Special Investigation Team (SIT) should be constructed to investigate the offshore accounts of Indians revealed in the Panama paper leaks.

- Advertisement -

The Centre had constituted Multi-Agency Group (MAG) consisting of officers of the Central Board of Direct Taxes(CBDT), Reserve Bank of India (RBI), Enforcement Directorate and Financial Intelligence Unit to investigate black money cases and is also probing the Panama Paper leaks.

Some 500 Indian citizens, companies and trusts had invested in the tax haven countries. The list included DLF promoter, KP Singh, Vinod Adani, Omkar Kanwar, Sameer Gehlot, underworld don Iqbal Mirchi, Harish Salve, Amitabh Bachchan and Aishwarya Rai Bachchan. International names such as Russian President Vladimir Putin, China’s President Xi Jinping, Argentine footballer Lionel Messi etc.

nawaz sharif
Source: NDTV

In Pakistan on Thursday, In a temporary relief to Prime Minister Nawaz Sharif, the Supreme Court has ordered the further probe into the Panama Papers case against him. The verdict was split 3-2, which meant that Sharif is safe and will not be disqualified as the prime minister.

The documents were leaked from Mossack Fonseca, a legal firm which is headquartered at Panama. Founded in 1977, it is the world’s fourth biggest provider of offshore services. It specialises in commercial law, trust services, investor advisory, and international business structures.

Now You Can Get the Latest Buzz On Your Phone! Download the PagalParrot Mobile App For Android

Trending now

Street Dancer 3D Review: Fans Says The Film ‘2 Hour’s Reality Show’

Street Dancer 3D Review: In the film 'Street Dancer 3D' of Varun Dhawan and Shraddha Kapoor. If you are thinking that you will get to see something new, forget it. Even the scenes of the story and lyrics will remind you of...

Parineeti Chopra Turns Water Baby On Her Maldives Vacation: See Pics

Parineeti Chopra is currently chilling in the Maldives. She also teased her Instagram fam with lovely pictures of herself. While we are having chilly winds and cloudy weather here in India. But, Parineeti is chilling and enjoying her life...

Priyanka’s Laugh Is My Favorite: Says, Nick Jonas

Priyanka's Laugh Is My Favorite: International star Priyanka Chopra and Nick Jonas are a very active couple on social media. These two share every small and big thing related to their life or event with their fans.  Priyanka Chopra and Nick Jonas

Katrina Kaif Playing Cards As A bride: Photo Went Viral On Social Media

Bollywood actress Katrina Kaif has shared photos in which she is seen playing cards as a bride. Also, Katrina looks very happy with this and she is with her team.  Katrina Kaif Playing Cards as a bride In the...

Trending This Week

Urvashi Dholakia’s Snapshots From Dubai Trip Are A Treat To The Eyes!

The entire world knows how Urvashi Dholakia is a badass woman who has stood against all the negatives and has emerged as...

Katrina Kaif Playing Cards As A bride: Photo Went Viral On Social Media

Bollywood actress Katrina Kaif has shared photos in which she is seen playing cards as a bride. Also, Katrina looks very happy with...

Jennifer Winget’s ‘CODE M’ giving goosebumps! Earns brilliant reviews.

Jennifer Winget's new show Code M which released on January 15, 2020 on ALT Balaji and O Zee is being loved by...

Ayushmann Khurrana Speaks On His Gay Character in Shubh Mangal Zyaada Saavdhan

Shubh Mangal Zyaada Saavdhan is based on a romantic comedy in a small town. In this movie, Ayushmann acts as a homosexual...

Do you remember these spooky shows? Here are top five shows from the past which still give us goosebumps!

Star Plus, Star One, Imagine TV and Sony were the pitaara for spooky shows which used to be telecasted long ago. Yes,...

Snow Car of Kashmiri Youth Went Viral: Says Wants The World to See

Snow-car made by a Kashmiri Youth Snow car made by a young man in Srinagar, Kashmir is going...