Thousands of confidential documents, amounting to a massive 2.6 terabytes, have been leaked from Panamanian law firm Mossack Fonesca, exposing how the world’s financial and political leaders have been connected to tax avoidance and corruption. The leaked documents reveal how Mossack Fonesca has been helping clients set up shell companies to hold financial assets – allowing for money laundering, evasion of tax and even dodging of state-imposed sanctions. Hidden in 11.5 million secret files, 140 politicians from more than 50 countries were exposed. The culprits include Presidents, Kings, Prime Ministers, Members of Parliament, and more. Among the heads of state who have been exposed are King Salman bin Abdulaziz bin Abdulrahman Al Saud of Saudi Arabia, former Emir of Qatar Sheikh Hamad bin Khalifa Al Thani, President of Argentina Mauricio Macri, Iceland’s Prime Minister Sigmundur Davíð Gunnlaugsson, UAE President and Emir of Abu Dhabi Sheikh Khalifa bin Zayed bin Sultan Al Nahyan, Ukrainian President Petro Poroshenko and more. Meanwhile, associates close to Russian Vladimir Putin and Syrian President Bashar Al Assad were also exposed in the leak. Others from across the world include Azerbaijan’s first family, the father of British Prime Minister David…
World Leaders and Politicians Exposed in Massive Offshore Tax Evasion Leak
April 4, 2016
