Sunday, April 24, 2016

Panama Papers # Financial Investigation ........


Panama City placed between North & South America.
"Suddeutsche Zeitung " - News paper working in South in Germany which have documents of 2 lakh shell companies and more than that Txns.
Mossack Fonseca - Law firm placed in Panama City which provide services to establish companies where people can keep white or black money. Customers can be Corporates, celebrities, Terrorist, Extremist, National or International Politicians, Individual rich people.
ICIJ - International Consortium Investigation Journalism, This forum play vital role to exposed accused, people who involved to save tax and routing money without boundaries. Approximately 350 journalists involved to investigate Panama papers under one forum from 1 yr. This is the example of collaborative journalism.
People who want to save tax reach to law firm mossack fonseca OR
People reach to movement of money where strict rules and regulations OR
People reach who want to assist financially to terrorist organisation like ISIS
Many powerful name exposed like Mr President China, Mr P.M China , Basar Al Asad, Hosni Mubarak, 8oo rich citizens in Australia, Finland politician etc. which took services from law firm Mossack Fonseca.
Consequences can be that country economy will be weaken and unable to end terrorism.
Excellent story covered and showed by Mr Ravish Journalist NDTV. 3 important journalists of Indian express like Ritu Sarin who was involved to investigate Panama Papers done excellent work and given message are -
¥ Collaborative Journalism is a big scope in India.
¥Journalism should be straight forward it can't be judgement.
¥Good thing is Journalist were communicated to people whose name exposed in    Panama Papers and given proper time for response.
This story show credible journalism still alive.

By Ajay Kumar

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