View Single Post
Old 04-03-2016, 02:09 PM   #1
oilyfan
Powerplay Quarterback
 
oilyfan's Avatar
 
Join Date: Dec 2009
Location: SE Calgary
Exp:
Default The "Panama Papers" - massive leak from an offshore tax law firm

http://www.bbc.com/news/world-35918844

Quote:
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.
Quote:
The documents show links to 72 current or former heads of state in the data, including dictators accused of looting their own countries.
Quote:
The data contains secret offshore companies linked to the families and associates of Egypt's former president Hosni Mubarak, Libya's former leader Muammar Gaddafi and Syria's president Bashar al-Assad.
In a bigger leak (in quantity) than what Wikileaks put out BBC is analyzing the leak from an anonymous source about the dealings of Mossack Fonseca.

Some pretty explosive stuff, not that it will come as too much of a surprise. Putin, indirectly, and Sigmundur Gunnlaugsson prime minister of Iceland have been linked to money laundering and tax avoidance schemes.
__________________
"In theory, there is no difference between theory and practice. But in practice, there is" — Jan Van De Snepscheu
oilyfan is offline   Reply With Quote