- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

G20 Ministers, Bank Chiefs to Address #PanamaPapers in Washington

© REUTERS / Carlos JassoMembers of the media stand outside the Arango Orillac Building where Mossack Fonseca law firm is situated at in Panama City, April 5, 2016
Members of the media stand outside the Arango Orillac Building where Mossack Fonseca law firm is situated at in Panama City, April 5, 2016 - Sputnik International
Subscribe
The Group of 20 (G20) major economies will discuss the so-called Panama Papers leak alleging a global tax haven scheme at their ministerial meeting this week, Organization for Economic Co-operation and Development (OECD) Secretary General Angel Gurria said.

MOSCOW (Sputnik) – The G20 finance ministers and central bank governors are scheduled to gather in Washington, DC, on April 13-14.

"We’re going to be discussing it. It’s not possible to avoid it. There’s no doubt about that," Gurria told The Japan News (Yomiuri Shimbun) daily Tuesday.

On April 3, Germany’s Suddeutsche Zeitung published materials it claimed came from the Mossack Fonseca, a Panama-based law firm that sells offshore shell companies, exposing the alleged involvement of a number of world leaders and their circles in tax havens schemes.

"Obviously, in this opportunity, the Panama Papers are going to be very much in the limelight," Gurria stressed, adding that he planned to attend the G7 summit in Japan next month.

Direct Line with Vladimir Putin - Sputnik International
World
WikiLeaks: Panama Papers Probe is 'Media Attack Targeting Russia, Putin'
The head of the Paris-based economic body urged transparency on tax payments and beneficial ownership of offshore companies, in addition to the "default alternative" of placing sanctions on Panama.

Mossack Fonseca refused to validate the information contained in the leaks and accused reporters of gaining unauthorized access to its proprietary documents. It warned that using unlawfully-obtained data was a crime that it would not hesitate to punish by legal means.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала