11 million leaked documents reveal how TWELVE world leaders and all the usual suspects hide their millions in tax havens

The biggest leak of financial data in history has revealed how 12 current or former world leaders, a host of celebrities and the global rich are using offshore tax havens to hide their wealth.

The so-called Panama Papers, part of a leak of 11million files, implicate those in Russian president Vladimir Putin’s inner circle, along with families and associates of Egypt’s former president

Hosni Mubarak, Libya’s former leader Muammar Gaddafi and Syria’s president Bashar al-Assad.

Lord Ashcroft, Baroness Pamela Sharples and former Tory MP Michael Mates are among the British politicians named in the data release.

Documents were leaked from one of the world’s most secretive companies, Panamanian law firm Mossack Fonseca, and show how the company has allegedly helped clients launder money, dodge sanctions and evade tax.

German newspaper Suddeutsche Zeitung obtained the files and shared with the International Consortium of Investigative Journalists but the identity of the source who leaked them and how it was done is unknown.

More at the Guardian….Revealed: the $2bn offshore trail that leads to Vladimir Putin

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