The anonymous leak Sunday of 11.5 million confidential documents belonging to a law firm in Panama detailing how rich, famous and powerful people hid their wealth raises fresh questions about global financial regulation. The Panama Papers show how 140 politicians from more than 50 countries, including 72 current or former heads of state, have links to Mossack Fonesca. The files, analyzed by 107 media organisations in 78 countries, reveal suspected cases of money laundering, sanctions evasion and tax avoidance.
Most of the people at the center of the allegations have not publicly responded to the breach of the vast trove of documents and data initially shared with the German newspaper Suddeutsche Zeitung. The leak includes emails, financial spreadsheets, passport information and corporate records from 1977...
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