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World News Thread

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Re: World News Thread

Postby FCBayernMunchen » Sun Apr 03, 2016 7:48 pm

A huge leak of confidential documents has revealed how the rich and powerful use tax havens to hide their wealth.

Eleven million documents were leaked from one of the world's most secretive companies, Panamanian law firm Mossack Fonseca.

They show how Mossack Fonseca has helped clients launder money, dodge sanctions and evade tax.

The company says it has operated beyond reproach for 40 years and has never been charged with criminal wrong-doing.

The documents show links to 72 current or former heads of state in the data, including dictators accused of looting their own countries.

They were obtained by the German newspaper Suddeutsche Zeitung and shared with the International Consortium of Investigative Journalists (ICIJ).

BBC Panorama and The Guardian are among 107 media organisations in 78 countries that have been analysing the documents. [source]


Implicates public figures from all over the world, including Malta. Hopefully the beginning of the end of the political class that have been "legal dictators" since WW2.
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Re: World News Thread

Postby ramsej84 » Sun Apr 03, 2016 7:51 pm

Let's get the party started:lol:
U l-Kotra qamet f’daqqa – u għajtet: “Jien Maltija!
Miskin min ikasbarni, - miskin min jidħak bija!”
U l-Kotra għanniet f’daqqa – u semmgħet ma’ l-irjieħ
L-Innu ta’ Malta tagħna, – u l-leħen kien rebbieħ,
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Re: World News Thread

Postby JANKER » Sun Apr 03, 2016 8:07 pm

ramsej84 wrote:Hope this do not escalete further cause I am already seeing others interfere ... Such as Turkey (in help of Azerbaijan) A move which will lead Russia to step in


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Re: World News Thread

Postby MUTU » Sun Apr 03, 2016 8:18 pm

FCBayernMunchen wrote:
A huge leak of confidential documents has revealed how the rich and powerful use tax havens to hide their wealth.

Eleven million documents were leaked from one of the world's most secretive companies, Panamanian law firm Mossack Fonseca.

They show how Mossack Fonseca has helped clients launder money, dodge sanctions and evade tax.

The company says it has operated beyond reproach for 40 years and has never been charged with criminal wrong-doing.

The documents show links to 72 current or former heads of state in the data, including dictators accused of looting their own countries.

They were obtained by the German newspaper Suddeutsche Zeitung and shared with the International Consortium of Investigative Journalists (ICIJ).

BBC Panorama and The Guardian are among 107 media organisations in 78 countries that have been analysing the documents. [source]


Implicates public figures from all over the world, including Malta. Hopefully the beginning of the end of the political class that have been "legal dictators" since WW2.

Very sad news. People will call for resignations and people will be replaced by (probably) less capable politicians which would likely be just as corrupt.
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Re: World News Thread

Postby ottackon » Sun Apr 03, 2016 8:26 pm

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Re: World News Thread

Postby ramsej84 » Sun Apr 03, 2016 8:37 pm

our own Konrad is on the list :)
Mr.Shame on you...
Husband of Mrs Sai Mizzi who told us to judge us on what she does for us...
U l-Kotra qamet f’daqqa – u għajtet: “Jien Maltija!
Miskin min ikasbarni, - miskin min jidħak bija!”
U l-Kotra għanniet f’daqqa – u semmgħet ma’ l-irjieħ
L-Innu ta’ Malta tagħna, – u l-leħen kien rebbieħ,
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Re: World News Thread

Postby FCBayernMunchen » Sun Apr 03, 2016 8:40 pm

MUTU wrote:Very sad news. People will call for resignations and people will be replaced by (probably) less capable politicians which would likely be just as corrupt.

Corruption is synonymous with politics. I am hopeful that leaks like this will at least help towards a new era of more honest leaders.
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Re: World News Thread

Postby #12 » Sun Apr 03, 2016 8:43 pm

Corruption - unfortunately - is a very human trait... In all honesty: I could not swear it could never happen to me...
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Re: World News Thread

Postby MUTU » Sun Apr 03, 2016 8:54 pm

#12 wrote:Corruption - unfortunately - is a very human trait... In all honesty: I could not swear it could never happen to me...

Corruption is human. It's a pity when politicians are forced to resign over corruption of a small scale (tax evasion with personal money) because if they're in office it will often (not always) mean they're still the best at their job. So when they get replaced, not only would you still get a corrupt politician in his place but you get an incompetent one as well.
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Re: World News Thread

Postby JANKER » Sun Apr 03, 2016 9:16 pm

There should be a limit for how long someone can be a politician, making just some exceptions... change is good most of the time. :P
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Re: World News Thread

Postby FCBayernMunchen » Sun Apr 03, 2016 9:47 pm

MUTU wrote:
#12 wrote:Corruption - unfortunately - is a very human trait... In all honesty: I could not swear it could never happen to me...

Corruption is human. It's a pity when politicians are forced to resign over corruption of a small scale (tax evasion with personal money) because if they're in office it will often (not always) mean they're still the best at their job. So when they get replaced, not only would you still get a corrupt politician in his place but you get an incompetent one as well.

I agree with both of you, but when it's something so widespread and over such a large scale, it's good that action is taken. I am quite a leftist and this story highlights the wealth gap more than anything else.
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Re: World News Thread

Postby FCBayernMunchen » Sun Apr 03, 2016 10:16 pm

Can't see tweet? Click here!

Several major footballers have been linked to offshore bank accounts and investments, as have figures in and around football federations such as Fifa, Concacaf and Conmebol.

Mossack Fonseca’s documents have also reportedly referenced the economic activity of some football executives who are separately accused of paying or taking bribes in the ongoing Fifa corruption scandal.
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Re: World News Thread

Postby ramsej84 » Mon Apr 04, 2016 1:38 pm

These papers reveal criminality of the rich on a previously unseen scale. The money that these people were hiding does not belong to them - it should have been redistributed for the benefit of all [source]
U l-Kotra qamet f’daqqa – u għajtet: “Jien Maltija!
Miskin min ikasbarni, - miskin min jidħak bija!”
U l-Kotra għanniet f’daqqa – u semmgħet ma’ l-irjieħ
L-Innu ta’ Malta tagħna, – u l-leħen kien rebbieħ,
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Re: World News Thread

Postby ottackon » Mon Apr 04, 2016 1:51 pm

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Re: World News Thread

Postby ramsej84 » Mon Apr 04, 2016 2:19 pm

ottackon wrote:Well, well ...

Can't see tweet? Click here!


:lol: good one...

But the cherry on the cake is that there is Palestine but not Israel....

Could it be maybe that the guys do not consider the state of Israel as legitimate so they wrote Palestine... :)
Last edited by ramsej84 on Mon Apr 04, 2016 2:27 pm, edited 1 time in total.
U l-Kotra qamet f’daqqa – u għajtet: “Jien Maltija!
Miskin min ikasbarni, - miskin min jidħak bija!”
U l-Kotra għanniet f’daqqa – u semmgħet ma’ l-irjieħ
L-Innu ta’ Malta tagħna, – u l-leħen kien rebbieħ,
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