Please read this description.....
*You can now search the database here:* https://offshoreleaks.icij.org/?utm_source=Watchdog&utm_campaign=3e09986140-&utm_medium=email&utm_term=0_ffd1d0160d-3e09986140-101185377&mc_cid=3e09986140&mc_eid=6015745316
An alternative view is given at the bottom.
The Panama Papers represent the biggest ever leak of formerly secret information in the world. Hundreds of investigative journalists in many countries are working on the information which means closing the investigations down is not possible.
What is the information?
Evidence of financial corruption by some of the worlds most powerful people. Eleven million documents held by the Panama-based law firm Mossack Fonseca have been passed to German newspaper Suddeutsche Zeitung by an anonymous source in encrypted files. Suddeutsche Zeitung have shared them with many other journalists in 109 media organisations in 76 countries.
Mossack Fonseca have denied all wrong doing. (Don't lawyers always?) However, the BBC are reporting that, "In one case, the company offered an American millionaire fake ownership records to hide money from the authorities. This is in direct breach of international regulations designed to stop money laundering and tax evasion." Source: http://www.bbc.co.uk/news/world-35954224
The Panama Papers are throwing some extraordinary light around. The BBC site reports the following. "There are links to 12 current or former heads of state in the data, including dictators accused of looting their own countries.
More than 60 relatives and associates of heads of state and other politicians are also implicated.
The files also reveal a suspected billion-dollar money laundering ring involving close associates of Russia's President, Vladimir Putin.
Also mentioned are the brother-in-law of China's President Xi Jinping; Ukraine President Petro Poroshenko; Argentina President Mauricio Macri; the late father of UK Prime Minister David Cameron and three of the four children of Pakistan's Prime Minister Nawaz Sharif.
The documents show that Iceland's Prime Minister, Sigmundur Gunnlaugsson, had an undeclared interest linked to his wife's wealth. He is now facing calls for his resignation.
The scandal also touches football's world governing body, Fifa.
Part of the documents suggest that a key member of Fifa's ethics committee, Uruguayan lawyer Juan Pedro Damiani, and his firm provided legal assistance for at least seven offshore companies linked to a former Fifa vice-president arrested last May as part of the US inquiry into football corruption."
..."It is the biggest leak in history, dwarfing the size of those released by the Wikileaks organisation. In all, the details of 214,000 entities, including companies, trusts and foundations, were leaked.
The information in the documents dates back to 1977, and goes up to December last year. Emails make up the largest type of document leaked, but images of contracts and passports were also released."
See also: http://panamapapers.sueddeutsche.de/en/
Who are the victims? https://panamapapers.icij.org/video/
For German Language speakers: http://panamapapers.sueddeutsche.de/
Great site: https://www.publicintegrity.org/
Names like Hillary and Bill Clinton will become interesting searches of this data once it becomes available to us all.
A new investigation published today by ICIJ, the German newspaper Süddeutsche Zeitung and more than 100 other news organizations around the globe, reveals the offshore links of some of the planet’s most prominent people.
In terms of size, the Panama Papers is likely the biggest leak of inside information in history – more than 11.5 million documents – and it is equally likely to be one of the most explosive in the nature of its revelations...
...The Panama Papers make it clear that major banks are big drivers behind the creation of hard-to-trace companies in the British Virgin Islands, Panama and other offshore havens. The files list more than 15,600 paper companies that banks set up for clients who wanted to keep their finances under wraps, including hundreds created by international giants UBS and HSBC.
The disclosures from the law firm’s leaked files dramatically expand on previous leaks of offshore records that ICIJ and its reporting partners have revealed in the past four years.
An alternative view: http://www.veteranstoday.com/2016/04/04/the-very-nasty-truth-about-the-panama-papers/