The secret dealings of a whole bunch of world leaders, politicians and billionaires have been uncovered in one of many largest investigations of leaked offshore paperwork in historical past.
The leak of just about 12 million paperwork reveals hidden wealth, tax avoidance and, in some circumstances, cash laundering by a number of the world’s wealthy and highly effective.
Paul Tang, chair of the European Parliament’s tax subcommittee, instructed BBC World News that he thought rather a lot might be carried out to sort out these points together with wanting into shell corporations – these corporations which exist in identify solely with out workers or workplaces.
He was additionally optimistic about how the general public will pressure politicians for reforms.
More than 600 journalists in 117 nations trawled by information from 14 sources for months. The information was obtained by the International Consortium of Investigative Journalists (ICIJ) in Washington DC.