Paname leaks

paratise

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Germany’s Süddeutsche Zeitung (SZ) has released the biggest leak in journalistic history, posting 11.5 million documents from a Panamanian law firm online and providing “rare insights into a world that can only exist in the shadows.”
SZ said it received the law firm’s documents a year ago from an anonymous source who “wanted neither financial compensation nor anything else in return.”

The German paper obtained further documents in an investigation that followed, involving “400 journalists from more than 100 media organizations in over 80 countries.”
The leaked info about athletes, businness people, banks even heads of states:
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Explaination:


How this is corruption:


What do you guys think? Knowing how catastrophic ther aftermath of wikileaks case was, many people expect big events after these.

PS: Yes i wrote Panama wrong can a mod please wix it? Ty.
 

ANiMUS

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Um is this supposed to be surprising? Becuz I have always been under the assumption that the wealthy used tax evasion tactics (like storing money off shores) and I was under the assumption that everybody else did too.

Is it the extent that is supposed to be surprising? :wut: or just that now there is proof?
 
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Wabbit

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Guardian said:
Are all people who use offshore structures crooks?

No. Using offshore structures is entirely legal. There are many legitimate reasons for doing so. Business people in countries such as Russia and Ukraine typically put their assets offshore to defend them from “raids” by criminals, and to get around hard currency restrictions. Others use offshore for reasons of inheritance and estate planning.
Are some people who use offshore structures crooks?

Yes. In a speech last year in Singapore, David Cameron said “the corrupt, criminals and money launderers” take advantage of anonymous company structures. The government is trying to do something about this. It wants to set up a central register that will reveal the beneficial owners of offshore companies. From June, UK companies will have to reveal their “significant” owners for the first time.

The video of organization which released the leak starts with barrel bomb propaganda and in the news Putin is in the center. Most of the leaked data is still private and I think I saw somewhere accusations of information warfare between Germany and Russia.
 
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