Monday, April 04, 2016

Panama Papers: Mossack Fonseca leak reveals elite's tax havens...



A huge leak of confidential documents has revealed how the rich and powerful use tax havens to hide their wealth.

Eleven million documents were leaked from one of the world's most secretive companies, Panamanian law firm Mossack Fonseca.

They show how Mossack Fonseca has helped clients launder money, dodge sanctions and evade tax.

The company says it has operated beyond reproach for 40 years and has never been charged with criminal wrong-doing.

The documents show links to 72 current or former heads of state in the data, including the Icelandic Prime Minister, Sigmundur Gunnlaugson, who had an undeclared interest linked to his wife's wealth and is now facing calls for his resignation.

The files also reveal a suspected billion-dollar money laundering ring involving close associates of President Putin. Full story...

Related posts:
  1. German paper unveils biggest leak in history...
  2. About the Panama Papers...
  3. Revealed: the $2billion offshore trail that leads to Vladimir Putin...
  4. Mossack Fonseca leaks reveal Xi Jinping's family links to offshore companies...
  5. Samsung, Hyundai, Rolls-Royce implicated in $1tn oil industry corruption...
  6. Putin ‘is the richest person in the world until he leaves power’
  7. Budget 2016: Wealth of super rich soars as the worst-off lose out, report says...
  8. 62 world’s richest people own same wealth as half the world...

No comments:

Post a Comment