Arab Today, arab today panama willing to cooperate over finance scandal
Last Updated : GMT 23:21:11
Arab Today, arab today
Arab Today, arab today

OECD Head Angel Gurria:

Panama 'willing to cooperate' over finance scandal

Arab Today, arab today

Arab Today, arab today Panama 'willing to cooperate' over finance scandal

Organization for Economic Cooperation and Development (OECD) chief Angel Gurria
Tokyo - Arab Today

OECD head Angel Gurria said on Monday that Panama is "willing to cooperate fully" with his organisation in the wake of a massive leak of financial data that has sent shockwaves around the world.

Gurria told a press conference in Tokyo that Isabel De Saint Malo, vice president of the Central American country, called him last week to express cooperation with the Paris-based Organization for Economic Cooperation and Development.

Panama is scrambling to avert redesignation as a tax haven that facilitates money laundering after the disclosure of offshore dealings of many of the world's wealthy, famous and infamous in the so-called Panama Papers revelations.

The scandal, which has already caused the Icelandic prime minister to resign, came when millions of documents covering nearly 40 years of business were leaked from the archives of the Panamanian law firm Mossack Fonseca.

"I have to say that the vice president of Panama called me last week and she expressed the government is willing to cooperate fully with the OECD," Gurria said.

"My expectation is that this very unfortunate event may trigger a reaction by the government of Panama to fully join the rest of the world in this exercise about transparency," said Gurria, who is OECD secretary-general.

"I think this event will help us to understand that the move towards transparency is not going to stop, that there is no reverse," he said.

His comment comes after the Panamanian vice president, who is also the country's foreign minister, told AFP last week in an exclusive interview that her country will deepen talks with the OECD on sharing tax information.

"We are going to establish technical-level dialogue between Panama and the OECD specifically on exchanging information," she told AFP.
Source: AFP

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today panama willing to cooperate over finance scandal Arab Today, arab today panama willing to cooperate over finance scandal

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today 17.4 million tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4 million tourists visit UAE in 2016
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars

GMT 10:34 2017 Tuesday ,21 February

Brazil graft scandal to mushroom abroad

GMT 11:45 2017 Monday ,20 February

Abu Dhabi Aviation looks forward

GMT 06:28 2017 Saturday ,18 February

Gives priority to security over elections

GMT 22:38 2017 Friday ,17 February

Investment promotion would be Sahar Nasr's main task

GMT 13:17 2017 Wednesday ,15 February

Yemeni accuses militias of challenging oil

GMT 09:12 2017 Saturday ,11 February

Algorithms: the managers of our digital lives
View News in Arabic - Business: حوارات وتقارير
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Reasons for the delay 'On the Stairs of Servants'

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday