Tag: Tax Evasion
British PM Sunak fires party chairman over tax bill allegations
British Prime Minister Rishi Sunak fired the chairman of the governing Conservative Party on Sunday for a “serious breach” of ethics rules in failing to come clean about a tax dispute. Sunak had faced days of pressure to sack Nadhim Zahawi amid allegations he settled a multimillion-dollar unpaid tax bill while he was in charge of the country’s Treasury. The…
Data Leak: How Criminals, Officials, and Sanctioned Politicians Poured Money into Dubai Real Estate
May 7, 2022. A new leak of Dubai property data has exposed just how many foreigners have poured their money into apartments and villas there. The data, which dates from 2020, was obtained by the Center for Advanced Defense Studies (C4ADS), a non-profit organization based in Washington, D.C., that researches international crime and conflict. It was then shared with Norwegian…
RGE – Sukanto Tanoto et al.
Indonesian Paper and Palm Oil Tycoon Secretly Bought Historic Munich Building for 350 Million Euros.
Tanoto’s companies have been accused of causing widespread deforestation in Indonesia, human rights abuses, and a plethora of questionable profit-shifting practices that have deprived Indonesia of hundreds of millions in tax revenues.
Tanoto’s son, Andre, also bought an iconic building in Düsseldorf for a little under 50 million euros at around the same time, using a similar secret Luxembourg corporate structure.