Panama Papers

The Panama Papers are 11.5 million leaked documents that talked about financial and attorney–client information for more than 214,488 offshore tax accounts.^[1][2] The documents, some traced back to the 1970s, were created by, and taken from, Panamanian law firm and corporate service provider Mossack Fonseca,^[3] and were leaked in 2015 by an anonymous source to German journalist Bastian Obermayer.^[4][5]

The documents contain personal financial information about wealthy individuals and public officials that had been kept private.^[6] While offshore business tax activities are legal, reporters found that some of the Mossack Fonseca shell corporations were used for illegal purposes, including fraud, tax evasion, and evading international sanctions.^[7]

1. ↑ "Giant leak of offshore financial records exposes global array of crime and corruption". OCCRP. The International Consortium of Investigative Journalists. April 3, 2016. Archived from the original on April 4, 2016.
2. ↑ Schmidt, Michael S.; Myers, Steven Lee (2016-04-03). "Panama Law Firm's Leaked Files Detail Offshore Accounts Tied to World Leaders". The New York Times. ISSN 0362-4331. Retrieved 2017-03-25.
3. ↑ Vasilyeva, Natalya; Anderson, Mae (April 3, 2016). "News Group Claims Huge Trove of Data on Offshore Accounts". The New York Times. Associated Press. Retrieved April 4, 2016.
4. ↑ Clark, Nicola (2016-04-05). "How a Cryptic Message, 'Interested in Data?,' Led to the Panama Papers". The New York Times. ISSN 0362-4331. Retrieved 2016-08-12.
5. ↑ "How two German newspaper reporters broke the story behind the Panama Papers". Retrieved 2016-08-12.
6. ↑ International Consortium of Investigative journalists (April 3, 2016). "A new ICIJ investigation exposes a rogue offshore industry". Retrieved May 12, 2016.
7. ↑ "Giant Leak of Offshore Financial Records Exposes Global Array of Crime and Corruption". The Panama Papers. The International Consortium of Investigative Journalists – ICIJ. 3 April 2016. Retrieved 8 May 2016.