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Nawaz Sharif Debarred, but Who will Cage the Fat and Mighty Corrupt Indians Featured in the Panama Papers?

Will the stature of India's mighty postpone the probe caused by Panama papers indefinitely?

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Nawaz Sharif, Panama scandal
Pakistan's Prime Minister Nawaz Sharif. Wikimedia
  • Pakistan’s Prime Minister Nawaz Sharif constrained out of office, on account of the Panama Papers
  • Sharif’s leave comes after a long-drawn fight in court which finished ominously for him
  • This raised questions about whether India’s mighty are at all prone to meet a similar destiny that Nawaz Sharif did

New Delhi, August 3, 2017: Sigmundur Davíð Gunnlaugsson of Iceland and Nawaz Sharif of Pakistan are similar in ways that they cannot be proud of. Both of them are prime ministers who were constrained out of office, on account of the Panama Papers, which is an investigative news coverage activity that revealed offshore shell organizations and tax shelters in light of spilled records from Panamanian law office Mossack Fonseca.

Be that as it may, while Gunnlaugsson surrendered, not long after the Panama Papers report prompted dissents in Iceland a year ago, Sharif’s leave today arrives after a fight that was long-drawn in court which finished ominously for him.

Also read: Chat With Donald Trump won’t Save PM Nawaz Sharif from Panama Papers scandal, says Imran Khan

In India as well, there is not lack of prominent names that were included in the list of Panama Papers. Indian Panama incorporates best legal counselor Harish Salve, industrialist Gautam Adani’s senior sibling Vinod Adani, and Bollywood hotshot Amitabh Bachchan. But contrasted with the speed at which Pakistan’s offices and judiciary followed up on the case of Sharif, is the pace of India on the subject of Panama Papers impressively slower?

Amitabh Bachchan was listed in Panama Papers. Wikimedia

The following is a passage from an article in Indian Express by Ritu Sarin in March 2017, one of the writers who was a part of the group exploring the Panama Papers.

“Nearly a year after The Indian Express published the Panama Papers, tax authorities have succeeded in obtaining 165 replies — partial or complete — from among 13 jurisdictions where Indian nationals had incorporated offshore companies through the Panamanian law firm Mossack Fonseca. According to data made available at the latest meeting of the Multi Agency Group (MAG) last month, the number of Indian clients of Mossack Fonseca, whose PAN numbers had been traced, has swelled to 424. Of these, 205 have accepted links to offshore entities named in the global expose. However, 60 other Indians named in the Panama Papers remain untraced.”

Sarin feels that it would be unfair to put an allegation on the Indian agencies of being relaxed in tackling the Panama Papers.
Rita Sarin added that she had hardly noticed the tax department act in such a swift manner. She compared investing offshore to the long process of peeling an onion, where you have to go layer by layer.

It is a fact that Pakistan managed to finish the Nawaz Sharif Panama case in barely a year, but what about the procedures on the prominent names of Indians displayed in the Panama Papers?

Sarin mentioned that all the individuals named in the Panama Papers, including the famous people were sent a notice. There will be a PIL in the Supreme Court. Notwithstanding when the duty dept is giving status reports to the SC. So in the event that they are not obliged to let even the SC know, there is no compulsion on them to tell us. Tax probes are exceptionally private, that is the idea of a duty examination. We will just become more acquainted with when individuals are prosecuted.

“All I can say is that each one of the people named by us were given tax notices. They must have been subsequently summoned and the case is in progress. Whenever there was a requirement or a suspicion of tax evasion, those requests were sent to the offshore jurisdictions. So that process is underway” she elaborated.

Indeed, even if the jokes proceed with it is worth asking if India’s mighty are prone to meet a similar destiny as Nawaz Sharif. Or, on the other hand, will their position and status postpone this test indefinitely?

-prepared by Harsimran Kaur of Newsgram. Twitter Hkaur1025

 

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Indian People Get Most Affected By “Shlayer”, Most Widespread MacOS Threat

In order to achieve installations, the threat actor behind Shlayer sets up a malware distribution system with a number of channels leading users to download the malware

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Shlayer
The infection process often consists of two phases - first the user installs Shlayer, then the malware installs a selected type of adware. Device infection, however, starts with an unwitting user downloading the malicious programme. Pixabay

People from India are among those most affected by Shlayer, the most widespread macOS threat in 2019, after those in the US, says a new report from cybersecurity firm Kaspersky.

A smart malware distribution system, Shlayer spreads via a partner network, entertainment websites and even Wikipedia, demonstrating that even users that only visit legal sites still need additional protection online. Top countries where users have been affected by the threat include the US (31 per cent), India (18.9 per cent), Germany (14 per cent), France (10 per cent) and the UK (10 per cent), according to the report.

“The macOS platform is a good source of revenue for cybercriminals, who are constantly looking for new ways to deceive users, and actively use social engineering techniques to spread their malware. This case demonstrates that such threats can be found even on legitimate sites,” said Anton Ivanov, Kaspersky Security Analyst.

“Luckily for macOS users, the most widespread threats that target macOS currently revolve around feeding illicit advertising rather than something more dangerous, such as stealing financial data,” Ivanov said. The malware specialises in installation of adware – programmes that terrorise users by feeding illicit ads, intercepting and gathering users’ browser queries, and modifying search results to distribute even more advertising messages.

Shlayer’s share among all attacks on macOS devices registered by Kaspersky products in January – November 2019 amounted to almost a third, with nearly all other top 10 macOS threats being the adware that Shlayer installs: AdWare.OSX.Bnodlero, AdWare. OSX.Geonei, AdWare.OSX.Pirrit and AdWare.OSX.Cimpli.

Shlayer
People from India are among those most affected by Shlayer, the most widespread macOS threat in 2019, after those in the US, says a new report from cybersecurity firm Kaspersky. IANS

The infection process often consists of two phases – first the user installs Shlayer, then the malware installs a selected type of adware. Device infection, however, starts with an unwitting user downloading the malicious programme.

In order to achieve installations, the threat actor behind Shlayer sets up a malware distribution system with a number of channels leading users to download the malware. Kaspersky said in 2019 it prevented attacks carried out by Shlayer at least once on every 10th device using Kaspersky Solutions for Mac.

ALSO READ: Handset Maker POCO To Unveil New Smartphone “POCO X2” on February 4

“A good web security solution can protect users from threats such as these, making the experience of searching the web safe and pleasant,” said Ivanov. (IANS)