Mossack Fonseca

Bilyan Balev, the co-chair of the Bulgarian Development Bank, has become the first "politically exposed person" from Bulgarian who se name is revealed in the Panama Papers affair.

The Bulgarian Development Bank is almost exclusively owned by the Republic of Bulgaria and is overseen by the country's Finance Ministry.

Financial prosecutors have started sending requests to judicial authorities in Panama, seeking the full details of Greek shareholders in or managers of offshore companies included in the Panama Papers, a leaked list of confidential documents compiled by Panamanian law firm Mossack Fonseca.

Spain's industry minister resigned April 15 after he was named in the Panama Papers and other media revelations that claimed he had links to offshore firms, the latest political victim from the global scandal.

Pakistan's Nawaz Sharif was put up for sale on eBay with bids soaring to more than $90,000 on April 14 after an anonymous user gave vent to frustrations with the prime minister over the Panama Papers leak.

"Useless Pakistani Pm Nawaz Sharif for Sale" stated the post by long-time user mastavis on the popular e-commerce website, describing the leader as "new with defects".    

Police on April 12 raided the headquarters of the Panama law firm whose leaked documents have unleashed a global scandal over how the world's elite use offshore companies to hide their wealth.

British Prime Minister David Cameron on April 10 released his tax details in a bid to head off a row over his father's offshore business, and announced a new taskforce to scrutinize the so-called Panama Papers.

A Bulgarian MP has proposed to announce a tax amnesty scheme for the country's nationals holding funds in bank accounts in offshore jurisdictions following revelations in Panama Papers leaks.

British Prime Minister David Cameron admitted on April 7 he had held a 30,000 stake in an offshore fund set up by his father, after days of pressure following publication of the so-called Panama Papers.
 
Cameron sold the stake in the Bahamas-based trust in 2010, four months before he became prime minister, he said in an interview with television channel ITV.
 

Nearly a third of the business of the law firm at the center of the Panama Papers scandal came from its offices in Hong Kong and China, reports said April 7, with the Asian giant assailed by corruption and capital flight.

Aleksandar Vucic said on Wednesday, commenting on the Panama Papers document leak, that Serbian tax authorities "will check everything."

Beta agency is reporting that on Tuesday, the Network for Investigating Crime and Corruption (KRIK) "disclosed the names of 18 persons from Serbia who founded offshore companies through the law firm Mossack Fonseca from Panama."