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Panama Papers’ database to go public on May 9

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WASHINGTON — The ‘Panama Papers’ trove of leaked documents revealing the vast extent of global tax evasion will be made available to the public on May 9, the organisation behind the leak said.

The searchable database will include information about more than 200,000 secret companies, trusts and foundations based in 21 tax havens “from Hong Kong to Nevada in the United States,” said the International Consortium of Investigative Journalists (ICIJ).

Since early April, the ICIJ-coordinated limited release through roughly 100 media outlets of the “Panama Papers” have become a worldwide scandal, spurring numerous investigations and the resignation of Iceland’s prime minister and a Spanish minister.

About 11.5 million leaked documents of the Panamanian law firm Mossack Fonseca, reveal the large-scale use of offshore entities to conceal assets from tax authorities.

In its statement, the ICIJ said that the public release next month “is the next step in our ongoing year-long investigation” and that it will continue to publish more stories in the coming weeks and months.

AFP

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PM congratulates Nepali national cricket team

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KATHMANDU— Prime Minister KP Sharma Oli has congratulated Nepali national cricket team for being able to clinch the International T20 series.

PM Oli in a tweet extended best wishes and congratulations saying he was very happy to know Nepal’s win over the UAE by 14 runs in the third match of the series.

Winning T20 series is another landmark success for Nepali cricket, he said, adding, “It is big achievement for Nepal’s cricket. I would like to heartily congratulate entire members of Nepali cricket squad”.

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