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An independent global network of investigative journalists and over media organizations spanning more than 100 countries.
- An initiative of the Center for Public Integrity, with the aim of exposing crime and corruption that transcended national boundaries.
- In 2017, it became a fully independent organization and was later granted nonprofit status.
- Investigates a broad range of matters concerning “cross-border crime, corruption, and the accountability of power.
- The Indian Trusts Act, 1882, gives legal basis to the concept of trusts. While Indian laws do not see trusts as a legal person/ entity, they do recognise the trust as an obligation of the trustee to manage and use the assets settled in the trust for the benefit of ‘beneficiaries’. India also recognises offshore trusts i.e., trusts set up in other tax jurisdictions.
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🔺 In News : Panama and Paradise Papers