Irish stock market-listed mineral exploration company Kenmare Resources has said it does not benefit from low corporate tax rates in Mauritius after two of its affiliate companies were included on a list of companies linked to the African island nation.The entities - Kenmare Moma Mining Mauritius Ltd and Kenmare Moma Processing Mauritius Ltd - were included on a long list of companies published by the International Consortium of Investigative Journalists, or the ICIJ, which were incorporated in Mauritius.Kenmare has no mining operations in Mauritius, but it operates one of the world's largest mineral mines in Mozambique. The mining company - which has its shares listed on the Irish and London stock exchanges - operates the Moma titanium mine in Mozambique and directly employs 1,400 people at the extensive site.The mine produces 7% of the world’s ilmenite - the main source of titanium metal - and titanium dioxide, which is used as a white pigment in paint.It also produces 4% of … [Read more...] about Kenmare Resources: No ‘tax benefits’ from firms in Mauritius
International consortium of investigative journalists
Ever seen ‘Scarface’? Fantastic film, right? Well, imagine that for every minute of that 170-minute movie featuring guns, mountains of cocaine, and greed, a real life greedy Icelander was there, making bank, stacking it up and burying their face in it, before promptly dumping it abroad in off-shore accounts. Well, welcome to Iceland and the Panama Papers. A true utopia “Welcome to Iceland, the place where people think not of your genitals while they rob you blind. Truly a utopia.” Yes, Iceland was blessed with the highest number of people per capita in the Panama Papers, with 170 individuals getting busted by the report. It was a proud achievement for the county, second only to the numerous times they’ve been awarded the country with the most gender equality. Yes, welcome to Iceland, the place where people think not of your genitals while they rob you blind. Truly a utopia. Those outed in the Panama Papers by the International Consortium … [Read more...] about What Have We Won?: Iceland Smites The Panama Papers!
Jess Bauldry: Why did you run as ALJP president? Luc Caregari: Because I think there [are] some serious issues where Luxembourg is still lagging behind, like access to information. We’re still one of the very rare European countries not to have a legislation on this. I think it’s very important to understand this access to information has nothing to do with the law on transparency that was passed last year. We’ve always been saying: ‘Yes, we’re happy to have this law but it’s not a law for journalists.’ We can’t work with delays of one month and having to go before this commission that barely exists. If you’re still refused access you have to go to court. We don’t have the time, not everyone has the same means to go to court. We don’t think this is a solution to our problems. We’ve did some intense lobbying before the elections with the press council, we teamed up. There’s been a little success. It’s … [Read more...] about Freedom of information for press: ” it’s really a necessity”
About 4,000 pages of leaked company documents, including emails, webchats, presentations, spreadsheets and meeting summaries largely spanning 2011 to 2015 and obtained by NBC News tell the tale of how Facebook CEO Mark Zuckerberg, along with his board and management team, oversaw plans to consolidate the social network’s influence and wield power over competitors by leveraging users’ data to fight rivals, while proclaiming to prioritise user safety. READ MORE: Facebook Planned to Sell Data to Zuckerberg's 'Favourites,' Big Spenders — Leaks The thousands of newly-shared documents were anonymously leaked to British investigative journalist Duncan Campbell, a founding member of the International Consortium of Investigative Journalists, and a computer forensics expert who has worked on international investigations including ones detailing the dealings of offshore banking and big … [Read more...] about How to Buy Influence and Lose Friends
Using cryptography and virtual drop boxes, Julian Assange's WikiLeaks created a revolutionary new model for media to lure massive digitized leaks from whistleblowers, exposing everything from US military secrets to wealthy tax-dodgers' illicit offshore accounts. Assange's arrest in London Thursday on a US extradition request to face charges of computer crimes could spell the end of 13-year-old WikiLeaks. But his legacy will live long in the world's media. News outlets and journalists everywhere can now offer to potential sources encrypted apps and secure virtual mailboxes to receive secrets that were once divulged by discreet whispers, furtive phone calls and unmarked manila envelopes. Skilled at hacking and cryptography -- and motivated by a deep distrust of traditional institutions -- Australia-born Assange took a cypherpunk's libertarian streak to the challenge of government secrecy. In 2006 he built an online platform that offered an anonymous, encrypted path to leak computerized … [Read more...] about WikiLeaks set 21st century model for cyber-leak journalism