Dorian continued moving west and made landfall at 01:00 UTC on August 27 in Barbados, bringing tropical storm-force winds and heavy rain. It then started moving northwestward toward Saint Lucia. At 11:00 UTC of the same day, Dorian made landfall on the island of Saint Lucia as a tropical storm, briefly disrupting the core of the storm, before entering the Caribbean Sea. The storm underwent a center relocation further north, to the west of Martinique, causing the island to experience tropical storm-force winds as well. Dorian had been predicted to travel northwest and pass over or near the Dominican Republic or Puerto Rico, possibly allowing their mountainous terrain to weaken the tropical storm. At that time, dry air and wind shear were expected to prevent Dorian from attaining hurricane status—although just barely. However, Dorian took a more northerly track than expected, causing it to pass to the east of Puerto Rico and hit the US Virgin Islands. On August 28, Dorian intensified into a Category 1 hurricane as it approached the US Virgin Islands, where hurricane-force winds were recorded; at 15:30 UTC that day, Dorian became a hurricane and made landfall in Saint Croix and a few hours later, at 18:00 UTC, Dorian made landfall on Saint Thomas at a slightly higher intensity. However, the hurricane's small size prevented mainland Puerto Rico from experiencing hurricane- or tropical storm-force winds, although this was not the case for the Spanish Virgin Islands.
Isabel Saint Malo de Alvarado, Vice President of Panama, said in an op-ed piece published April 21 in The Guardian that President Juan Carlos Varela and his administration have strengthened Panama's controls over money-laundering in the twenty months they have been in power, and that "Panama is setting up an independent commission, co-chaired by the Nobel laureate Joseph Stiglitz, to evaluate our financial system, determine best practices, and recommend measures to strengthen global financial and legal transparency. We expect its findings within the next six months, and will share the results with the international community."
More InfoDCB Finance, a Virgin Islands-based shell company founded by North Korean banker Kim Chol-sam and British banker Nigel Cowie, also ignored international sanctions and continued to do business with North Korea with the help of the Panamanian firm. The US Treasury Department in 2013 called DCB Finance a front company for Daedong Credit Bank and announced sanctions against both companies for providing banking services to North Korean arms dealer Korea Mining and Development Trading Corporation, attempting to evade sanctions against that country, and helping to sell arms and expand North Korea's nuclear weapons programme. Cowie said the holding company was used for legitimate business and he was not aware of illicit transactions.
More InfoOn May 12, 2016, the names of former Prime Minister of Australia Malcolm Turnbull, and former Premier of New South Wales Neville Wran, were both found in the Panama Papers, due to the pair's former directorship of the Mossack Fonseca-incorporated company Star Technology Systems Limited. Turnbull and Wran resigned from these positions in 1995, and the Prime Minister has denied any impropriety, stating "had [Star Technology] made any profits—which it did not regrettably—it certainly would have paid tax in Australia."
More InfoIsabel Saint Malo de Alvarado, Vice President of Panama, said in an op-ed piece published April 21 in The Guardian that President Juan Carlos Varela and his administration have strengthened Panama's controls over money-laundering in the twenty months they have been in power, and that "Panama is setting up an independent commission, co-chaired by the Nobel laureate Joseph Stiglitz, to evaluate our financial system, determine best practices, and recommend measures to strengthen global financial and legal transparency. We expect its findings within the next six months, and will share the results with the international community."
More InfoOver £10 million of cash from the sale of the gold stolen in the 1983 Brink's-Mat robbery was laundered, first unwittingly and later with the complicity of Mossack Fonseca, through a Panamanian company, Feberion Inc. The company was set up on behalf of an unnamed client twelve months after the robbery. The Brinks money was put through Feberion and other front companies, through banks in Switzerland, Liechtenstein, Jersey, and the Isle of Man. It issued bearer shares only. Two nominee directors from Sark were appointed to Feberion by Jersey-based offshore specialist Centre Services. The offshore firms recycled the funds through land and property transactions in the United Kingdom. Although the Metropolitan Police Service raided the offices of Centre Services in late 1986 in cooperation with Jersey authorities, and seized papers and two Feberion bearer shares, it wasn't until 1995 that Brink's-Mat's solicitors were finally able to take control of Feberion and the assets.
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