Antinuclear

BHP Billiton in the Panama corruption papers

BHP Billiton And Wilson Security Linked To Panama Papers  04/04/2016. BHP Billiton, Wilson Security and a major electricity company in Australia are now targets of the Australian Tax Office, after leaked documents linked all three companies to a law firm in Panama and the British Virgin Islands. http://www.huffingtonpost.com.au/2016/04/04/bhp-biliton-wilson-security-panama-papers_n_9607990.html

Panama Papers: Australian companies BHP, Wilson security caught up in tax probe April 5, 2016.  More than 800 wealthy Australians are being investigated by the Australian Taxation Office over their dealings with a secretive Panama-based law firm used by the rich to hide money.

BHP Billiton and a security firm that guards major government buildings are among hundreds of Australian names linked to a Panama law firm that helps the rich hide money. …

Four Corners claimed that BHP used Mossack Fonseca offices in the British Virgin Islands to register five companies linked to its aluminium, diamonds, steel and finance arms. http://www.sbs.com.au/news/article/2016/04/04/panama-papers-australian-companies-bhp-wilson-security-caught-tax-probe

Panama Papers Update: Law Firm Mossack Fonseca Listed BHP Billiton’s Two British Virgin Islands Companies As ‘Mandatory High Risk’ April 4, 2016.  Panama-based law firm Mossack Fonseca, which is at the center of a massive leak, assessed BHP Billiton Ltd.’s two companies in British Virgin Islands as “mandatory high risk” after the Anglo-Australian mining giant authorized the businesses to receive huge sums of money, the Guardian reported Monday. The exposé related to Mossack FonsecaSunday revealed widespread international corruption connected to offshore tax shelters. http://www.ibtimes.com/panama-papers-update-law-firm-mossack-fonseca-listed-bhp-billitons-two-british-virgin-2347746

The Panama Papers: BHP Billiton’s face-off with Mossack Fonseca April 4, 2016. A financial representative for BHP Billiton threatened to fire notorious Panamanian law firm Mossack Fonseca if it went ahead with a due diligence investigation. http://www.afr.com/news/policy/tax/the-panama-papers-bhp-billitons-faceoff-with-mossack-fonseca-20160329-gntasr

BHP-owned companies triggered ‘high risk’ alert at Panama law firm April 4, 2016.  Mossack Fonseca flagged concerns about two of mining giant’s companies in British Virgin Islands because ‘authorised capital is higher than the norm’ http://www.theguardian.com/news/2016/apr/04/bhp-owned-companies-triggered-high-risk-alert-at-panama-law-firm

Panama Papers: ATO investigating more than 800 Australian clients of Mossack Fonseca April 4, 2016.  The Australian Taxation Office is investigating more than 800 high net wealth Australian clients of the controversial Panama law firm Mossack Fonseca, which is the focus of an unprecedented leak of tax haven records released globally.

More than 11.5 million documents have been leaked from Mossack Fonseca’s files, revealing the secrets of hundreds of thousands of clients – including several thousand Australians – covering a period over almost 40 years, from 1977 until as recently as last December.

The release of the documents on Monday follows a 12-month investigation by media groups including The Australian Financial Review, led by the International Consortium of Investigative Journalists (ICIJ) in Washington. http://www.smh.com.au/business/banking-and-finance/panama-papers-ato-investigating-more-than-800-australian-clients-of-mossack-fonseca-20160403-gnxgu8.html

Australian companies, taxpayers exposed after Panama Papers leak April 5, 2016. Australian companies BHP Billiton and Wilson Security are among those named in the massive document leak, detailing tax dealings of companies and people from around the world.

The cases are part of a leak of 11.5 million documents from Panama-based firm Mossack Fonseca, which reveals how the rich, including political leaders such as Russian President Vladimir Putin, hide their money. https://au.news.yahoo.com/thewest/a/31269205/australian-companies-taxpayers-exposed-after-panama-papers-leak/

Australian companies BHP Bilton and Wilson Security among those named in Panama papers leak exposing the use of offshore tax havens

• Australian Tax Office is investigating dealings of 800 high net individuals
• It follows massive leak of Panama papers from law firm Mossack Fonseca
• Secret documents show how law firm allegedly helped clients evade tax
• Treasurer Scott Morrison says government is cracking on tax avoidance

The Australian Taxation Office is investigating more than 800 Australians after a massive leak of financial data revealed how 12 current or former world leaders, a host of celebrities and the global rich are using offshore tax havens to hide their wealth.

Australian-linked organisations and business leaders named in the huge leaks include BHP Billiton, Wilson Security, Gold Coast based company director Ian Taylor, and Hong Kong’s richest man and Australian energy market owner Li Ka-Shing, ABC’s Four Corners reports. http://www.dailymail.co.uk/news/article-3522798/Australian-companies-BHP-Bilton-Wilson-Security-named-Panama-papers-leak-exposing-use-offshore-tax-havens.html

April 8, 2016 - Posted by Christina Macpherson | AUSTRALIA - NATIONAL, secrets and lies