On Saturday, authorities in El Salvador raided the local office of law firm Mossack Fonseca --- the Panamanian firm which is behind the so-called 'Panama Papers' financial scandal.
The 'Panama Papers' comprise nearly 11 million documents which were leaked by Mossack Fonseca last week. The documents have revealed the names of the law firm's clients who apparently tried to avoid taxes in their country, by stashing their undisclosed cash away in secret offshore shell companies.
Mossack Fonseca leaked the 'Panama Papers' to German newspaper Sueddeutsche Zeitung; and later shared the documents with the International Consortium of Investigative Journalists.
About the Saturday raid at Mossack Fonseca's El Salvador office, a Twitter post published by the office of Douglas Melendez - the Attorney General of El Salvador - has revealed that the Mossack Fonseca office located in Colonia Escalon was raided by officials, and documents and computer equipment were confiscated.
The El Salvador officials who raided the Mossack Fonseca office said that the law firm had removed its sign-board from the office on Friday. They also said that one of the company's employees said that the firm was shifting from the Colonia Escalon location.
According to a recent announcement made by Facebook, the company has made some changes to its branded content and ad policies. The changes announced by Facebook indicate the increasing importance for Facebook to offer new ways in which publishers...
A new study by the Massachusetts Institute of Technology (MIT) has revealed that Istanbul lies...
The Michael J Fox Foundation is aiming to test wearable sensors in smart watches made by Intel's...
In a statement released on Monday, electric vehicle manufacturer Tesla Motors said that the delays being faced by the company in delivering its new Model X crossovers are a result of the company's own "hubris."
Revealing that the number of...
Rapid increase in private consumption by domestic consumers helped the Germany's economy to grow...
In an announcement made on Friday, tech giant Google has revealed that the users of the Inbox by...
German drugmaker Merck said that its experimental cancer medicine evofosfamidehas failed in the last stage of clinical tests due to which it won't seek regulatory approval for its treatment.
On Monday, Darmstadt, Germany-based Merck said...
In a move which underscores Facebook's apparent efforts...
In an announcement made in Beijing, China, Thursday...
During the course of a keynote address at the GPU...
Bigwig US grocer Wal-Mart Stores Inc. has revealed in a...
© 2011 AustrianTribune - Tribune Online Services. All times CET (GMT + 1.00).