Saturday, 18th May 2024

A look back at the Panama Papers scandal, as first day of trial ends

By France24
10 April 2024   |   10:40 am
The trial of 27 people charged in the "Panama Papers" tax evasion and money laundering scandal opened in Panama on Monday. After the first day of hearings, we take a look back at the bombshell investigation that showed how the world's rich and famous used shell companies to avoid their domestic tax authorities. Also in this edition, FRANCE 24's Bryan Quinn reports on US President Joe Biden's second attempt at cancelling student loan debt for 30 million Americans.

In this article


Your email address will not be published. Required fields are marked *


1 day ago
Fuel queues are gradually easing off in major cities like Lagos. However, Major marketers are demanding increased supply from the Nigerian National Petroleum Company as depots stock drops. Temitope Kolade, Senior Manager, Oil, Gas and Power Unit at Andersen Nigeria joins CNBC Africa for more.
2 days ago
Another showdown in the country that launched the so-called coloured revolutions. Georgia’s parliament has shrugged off some of the biggest protests in its post-Soviet history by approving a “foreign agents” bill that mirrors legislation in neighbouring Russia. The opposition argues it is the way for the government to curb media freedom and dissent in a country which only recently graduated to EU candidate status.
2 days ago
France has declared a state of emergency in its overseas territory of New Caledonia. Violence over a planned constitutional reform is threatening its already struggling economy. Plus, Boeing may face the criminal prosecution it had avoided back in 2021, with the US Justice Department accusing the planemaker of violating the terms of the deferred prosecution deal.
16 hours ago
The naira recorded its first appreciation against the dollar at the official foreign exchange market after weeks of depreciation. Analysts say the decline is due to decline in dollar liquidity in the official market. Dipo Ajayi, the Head, Fixed Income and FX at Chapel Hill Denham Securities, joins CNBC Africa for this discussion.
6 hours ago
Today the World Water Forum starts in Bali, where world leaders will discuss the sustainability of water resources for a week. To illustrate the issue of water management, we head to Panama. The Panama Canal, one of the world’s major maritime trade routes, has suffered a decline in its water levels ever since drought affected the country last year.
4 hours ago
Russian President Vladimir Putin has wrapped up his two-day visit to China, where he and his counterpart Xi Jinping pledged a "new era of strategic partnership". The two leaders had tea together and celebrated 75 years of diplomatic relations at a gala, with the Chinese leader giving his guest a warm hug.