Central Bank investigating allegations in Panama Papers

“I don’t want to jump to any conclusions, and we have to act responsibly.” The Government is moving ahead with an investigation on leaks contained in the ‘Panama Papers’, although clear information is not yet available, Central Bank Governor Arjuna Mahendran told reporters today.“We have got some of those papers, and we are requesting further information from our counterparts,” Mahendran said, according to LBO Online. The names of Sri Lankans in the papers are not yet clearly established, he added. The authenticity of the documents will have to be established and a careful investigation will take place, said Mahendran speaking at a news conference on the economy. The files leaked from a Panamanian law firm called Mossack Fonseca contain 40 years of data and include information on more than 210,000 companies in 21 offshore jurisdictions, from Panama to Hong Kong.The files show how Mossack Fonseca clients were able to evade and avoid tax. When asked whether around 1.9 billion dollars flows out of the country annually via illicit channels, Mahendran said he found those figures hard to believe.“I find it difficult to believe that so much money has left the country. The errors and omissions in our balance of payments are a fraction of the numbers being bandied about.” (Colombo Gazette) read more

Group D Another Polish thriller in Qatar – Denmark and Germany tie

← Previous Story Group C: Sweden, France and Egypt to eight-finals Next Story → Claude Onesta after draw with Iceland: Good result for us After a thrilling match Poland took a 26:25 victory over Russia.The beginning of the game belong to the Russian team. Poland lost Krzysztof Lijewski already in 3. minute due to a knee injury and his alternate Rojewski didn’t take the best start. Biegler called for a time out already after 5 minutes of the game but it got even worse for Poland. Solid Russian defence and rivals’ mistakes allowed Russia to take 5:1 lead in 9. minute. Polish powerlessness was broken by Rojewski who started making up for his previous mistakes – his two goals and one steal plus Wyszomirski in goal changed the result from 5:1 to 5:4 for Russia in 2 minutes or so. Right after that Poles lost Grabarczyk for 2 minutes but Wyszomirski kept saving throw after throw and in 16. minutes Bartosz Jurecki equalized at 6:6. However, Russia with a very good Bogdanov in goal held on to their one-goal-edge. This situation kept going on this way until the end of the half and the Russian team left the court leading 13:12.The one-goal edge was being kept still for the first 7 minutes of the second half and then Poland, playing short-handed, took their first lead (17:16). But it only motivated Russia – they scored 3 goals in a row and made Poland lose 17:19. Both teams surged back and forth. With 8 minutes to go, the situation of Russia started looking very good when they scored for 24:21. Despite things like missed or disallowed goals, Poland came back to game. In 57. minute Michał Jurecki equalized at 24:24. Szmal started his performance, Bielecki started hitting the net after his bungled beginning. 2 minutes before the final whistle Egor Evdokimov got sent off for 2 minutes. Poland made use of this advantage and Wiśniewski scored the winning goal. Russia still had time to equalize, they entered a libero and had a perfect chance to score but Szmal denied Atman. Poles kept the ball almost until the final whistle and won by one. In the other games of group D Argentina beat Saudi Arabia 32:20 while Denmark drew with Germany 30:30. STATISTICSSTANDINGS:Germany 5Denmark 4Poland 4Argentina 3Russia 2Saudi Arabia 0TEXT: MARTYNA USNARSKA read more