http://panamapapers.sueddeutsche.de/art ... c3495adf4/
BBC News wrote: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 documents show links to 72 current or former heads of state in the data, including dictators accused of looting their own countries.
Süddeutsche Zeitung wrote:The data provides rare insights into a world that can only exist in the shadows. It proves how a global industry led by major banks, legal firms, and asset management companies secretly manages the estates of the world’s rich and famous: from politicians, Fifa officials, fraudsters and drug smugglers, to celebrities and professional athletes.
So, NSG, Mossack Fonseca, a Panamanian law firm known for being cozy with dictators, banks, the super rich and overall international scumbags has had 2.6 terabytes of data leaked (c. 11.5 million documents, ranging from the 1970's to 2016) revealing how said scumbags use tax havens to hide their money. The families of Putin, Hosni Mubarak, Muammar Gadaffi and Bashar al-Assad are being implicated in the scandal, but perhaps most surprisingly, it seems that even the prime minister of Iceland, supposedly one of the least corrupt countries in the world, is being investigated over the purchase of an offshore company in 2007. He did not declare an interest in the company when entering parliament in 2009.
A lot of questions have been asked: where does the money come from? Where is it going? Is this structure legal? So, what do you think, fellow NSGers? Should we do more to hold the world's political and financial elite accountable? What do you think should be done about corporate law firms such as Mossack Fonseca, which is well-known for helping those people circumvent the law? Comment below.
Also, it seems Argentine neoliberal messiah Mauricio Macri's family is also implicated in this scandal. Shocking! (but not for me).
