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Stories with place: Panama
  • Panama experts to recommend financial system cleanup 
    Updated: Apr-29-16 9:28 pm

    PANAMA CITY - Panama's government established a committee of independent experts Friday to make recommendations on cleaning up the country's financial system, after leaks of documents from a Panamanian law firm caused an international uproar over offshore accounts.

  • France calls on Panama for tax transparency 
    Updated: Apr-25-16 2:22 pm

    PARIS - France's finance minister has called on Panama to provide "total transparency" regarding exchange of tax information.

  • Panama inks $2.6B financing deal with Japan for metro line 
    Updated: Apr-20-16 7:32 pm

    PANAMA CITY - Panama has signed a deal with Japan to secure $2.6 billion in financing for the construction of a third metro line in the Central American nation's capital.

  • Panama takes reservations for transit through expanded canal 
    Updated: Apr-18-16 8:34 pm

    PANAMA CITY - The Panama Canal is taking reservations for ships to transit its new locks starting June 27, the day after the inauguration of a $5.25 billion project to double the waterway's capacity, authorities said Monday.

  • EU parliament to have inquiry into Panama offshore accounts 
    Updated: Apr-14-16 8:41 am

    BRUSSELS - The European Union's legislature is setting up an inquiry committee to look into the use of offshore accounts by people and multinationals to stash funds and avoid paying taxes, something which costs the EU billions of dollars a year.

  • Migrants force way into Costa Rica from Panama 
    Updated: Apr-13-16 9:29 pm

    SAN JOSE, Costa Rica - Costa Rican officials say some 1,200 migrants have crossed into the country illegally from Panama after some attacked a government immigration office at the border.

  • Argentina's Macri sets up blind trust to clear his finances 
    Updated: Apr-13-16 5:48 pm

    BUENOS AIRES, Argentina - Argentine President Mauricio Macri has set up a blind trust to handle his financial holdings in response to criticism over his role in two offshore companies that emerged in the "Panama Papers" leak.

  • World tax officials huddle in Paris to talk Panama Papers 
    Updated: Apr-13-16 8:42 am

    PARIS - Tax officials from around the world are meeting in Paris to discuss the fallout from the mass leak of offshore account data from Panama firm Mossack Fonseca.

  • Correction: Offshore Accounts-Investigation story story has photos
    Updated: Apr-12-16 9:18 am

    PARIS - In a story April 10 about reports that Panamanian law firm Mossack Fonseca had usurped the name of the Red Cross to help hide millions of dollars in questionable funds, The Associated Press reported erroneously that two newspapers alleged that a foundation set up by the firm played a role in obscuring the finances of Elena Baturina, the wife of Moscow's ex-mayor. The reports actually said the foundation was linked to a former business partner of Baturina's. Baturina's representative said she did not sanction her former partner's activities and had no links to Mossack Fonseca.

  • The Latest: Investigators visit Panama law firm's offices story has photos
    Updated: Apr-11-16 9:06 pm

    LONDON - The Latest on the publication by a coalition of media outlets of an investigation into offshore financial dealings by the rich and famous (all times local):

  • Space shuttle tank begins epic journey to Los Angeles 
    Updated: Apr-11-16 12:24 am

    LOS ANGELES - ET-94, a massive external fuel tank built for the space shuttle program but never used in flight, is on an ocean barge bound for Los Angeles.

  • The Latest: New Zealand reviews its foreign trust rules story has photos
    Updated: Apr-10-16 11:46 pm

    LONDON - The Latest on the publication by a coalition of media outlets of an investigation into offshore financial dealings by the rich and famous (all times local):

  • The Latest: El Salvador raids offices in Panama Papers case story has photos
    Updated: Apr-08-16 8:05 pm

    LONDON - The Latest on the publication by a coalition of media outlets of an investigation into offshore financial dealings by the rich and famous (all times local):

  • Guatemala bank raid, probe target Venezuelan's account 
    Updated: Apr-08-16 7:57 pm

    GUATEMALA CITY - Guatemalan prosecutors raided the offices of a bank and froze some $20 million worth of the bank's shares on Friday as part of a money-laundering probe involving a Venezuelan man.

  • Thailand investigates 16 from leak of offshore accounts data 
    Updated: Apr-08-16 9:42 am

    BANGKOK - Authorities in Thailand said Friday they were investigating 16 citizens with reported ties to offshore companies set up by a Panama-based law firm.

  • Panama Papers leaks name prominent China political families 
    Updated: Apr-07-16 1:58 am

    BEIJING - The Panama Papers document leak reported by the International Consortium of Investigative Journalists names family members of eight present or past members of China's all-powerful Politburo Standing Committee, including the brother-in-law of president and Communist Party leader Xi Jinping and a distant relative of the founder of the communist state, Mao Zedong.

  • Xi seen as easily surviving revelations in Panama Papers story has photos
    Updated: Apr-07-16 12:37 am

    BEIJING - For graft-busting Chinese Communist Party leader Xi Jinping, the Panama Papers revelations that show his brother-in-law and relatives of two other members of the party's elite inner circle owned offshore companies, often referred to as tax havens, might have been highly damaging.

  • A top haven for tax cheats that may surprise you: the US story has photos
    Updated: Apr-06-16 5:34 pm

    WASHINGTON - The U.S. lambastes and strong-arms countries that help drug lords and millionaire investors hide their money from tax collectors. Critics say it should look closer to home.

  • FIFA ethics judge Damiani resigns while under suspicion 
    Updated: Apr-06-16 3:11 pm

    GENEVA - Under suspicion in the fallout from the global offshore accounts investigation, Uruguayan lawyer Juan Pedro Damiani resigned as a FIFA ethics judge on Wednesday.

  • Swiss police raid UEFA over TV deal with indicted executives story has photos
    Updated: Apr-06-16 2:51 pm

    GENEVA - UEFA was raided by Swiss police on Wednesday and handed over evidence of a Champions League television rights contract with an offshore marketing agency implicated in the FIFA bribery scandal.

  • Panama rejects money-launder label following documents leak story has photos
    Updated: Apr-05-16 4:24 pm

    PANAMA CITY - Panamanians have long shrugged off their country's checkered reputation as a financial haven for drug lords, tax dodgers and corrupt oligarchs. They like to joke that if they're crooks, they've learned it from the world's wealthy nations.

  • Despite global outcry, tackling tax havens is a tough task 
    Updated: Apr-05-16 12:29 pm

    LONDON - There's one part of the British Empire on which the sun still does not set: its tax havens.

  • China blasts reports on hidden wealth of leaders' families story has photos
    Updated: Apr-05-16 11:30 am

    BEIJING - China's Foreign Ministry on Tuesday denounced as "groundless" reports based on documents leaked from a Panama-based law firm that name relatives of current and retired Chinese politicians, including President Xi Jinping, as owning offshore companies.

  • Panama lawyers at center of offshore scandal make odd couple story has photos
    Updated: Apr-04-16 8:58 pm

    PANAMA CITY - The lawyers at the center of an uproar over the hidden financial dealings of the world's wealthy are an odd pairing of a German-born immigrant and a prize-winning Panamanian novelist whose books sometimes mirror the seedy world of politics he's come across in his work.

  • Anchorage plastic surgeon sentenced to 4 years in prison 
    Updated: Apr-04-16 3:43 pm

    ANCHORAGE, Alaska - A 67-year-old Anchorage plastic surgeon has been sentenced to four years in prison for wire fraud and tax evasion.