World

The Largest Data Leak in the History, and it’s about Corruption

The Panama Papers, a 2.6 terabyte leak of Panamanian shell company data reveals how a global industry led by major banks, legal firms, and asset management companies secretly manages the estates of politicians, Fifa officials, fraudsters and drug smugglers, celebrities, and professional athletes. “Behind the email chains, invoices and documents that make up the Panama […]

The Panama Papers, a 2.6 terabyte leak of Panamanian shell company data reveals how a global industry led by major banks, legal firms, and asset management companies secretly manages the estates of politicians, Fifa officials, fraudsters and drug smugglers, celebrities, and professional athletes.

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Behind the email chains, invoices and documents that make up the Panama Papers are often unseen victims of wrongdoing enabled by the shadowy offshore industry. Secret files reveal complex multimillion dollar offshore financial deals that channel wealth and power towards a network of people and companies closely allied to the Russian President.

The Panama Papers is a global investigation into the sprawling, secretive industry of offshore that the world’s rich and powerful use to hide assets and skirt rules by setting up front companies in far-flung jurisdictions.

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Based on a trove of more than 11 million leaked files, the investigation exposes a cast of characters who use offshore companies to facilitate bribery, arms deals, tax evasion, financial fraud and drug trafficking.

Behind the email chains, invoices and documents that make up the Panama Papers are often unseen victims of wrongdoing enabled by this shadowy industry.

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Hidden in 11.5 million secret files:

  • 140 politicians from more than 50 countries;
  • connected to offshore companies in 21 tax havens
  • heads of state, their associates, ministers, elected officials”

 

Explore a detailed mapping of the Panama Papers: Suddeutsche Zeitung

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Read More:Panama Papers

Featured Image – The Panama Papers

Behind the email chains, invoices and documents that make up the Panama Papers are often unseen victims of wrongdoing enabled by the shadowy offshore industry. Secret files reveal complex multimillion dollar offshore financial deals that channel wealth and power towards a network of people and companies closely allied to the Russian President.

The Panama Papers is a global investigation into the sprawling, secretive industry of offshore that the world’s rich and powerful use to hide assets and skirt rules by setting up front companies in far-flung jurisdictions.

Based on a trove of more than 11 million leaked files, the investigation exposes a cast of characters who use offshore companies to facilitate bribery, arms deals, tax evasion, financial fraud and drug trafficking.

Behind the email chains, invoices and documents that make up the Panama Papers are often unseen victims of wrongdoing enabled by this shadowy industry.

Hidden in 11.5 million secret files:

  • 140 politicians from more than 50 countries;
  • connected to offshore companies in 21 tax havens
  • heads of state, their associates, ministers, elected officials”

 

Explore a detailed mapping of the Panama Papers: Suddeutsche Zeitung

Read More:Panama Papers

Featured Image – The Panama Papers

Video – The Guardian

 

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