The largest leak of secret documents in history was just released — here are its key findings
A giant leak of documents from the internal database of a global law firm based in Panama, called Mossack Fonseca, has revealed the offshore holdings of 140 politicians, public officials, and athletes around the world.

The leaks — a collaborative effort by the International Consortium of Investigative Journalists — were obtained by the German newspaper Süddeutsche Zeitung and contain over 11 million records dating back 40 years.
They amount to about 3 terabytes of data, including corporate records, financial filings, and emails. It is roughly 1,500 times as big as the 1.7 gigabytes of data dumped in 2010 by Wikileaks.

"I think the leak will prove to be probably the biggest blow the offshore world has ever taken because of the extent of the documents," Gerard Ryle, director of the ICIJ, told BBC.

While anonymous company structures hidden in offshore holdings are not illegal, the leaks reveal the extent to which many high-level political figures have relied on shell companies to conceal their wealth, launder money, or evade taxes.

A memorandum from a Mossack Fonseca partner contained in the leak reads, "Ninety-five per cent of our work coincidentally consists in selling vehicles to avoid taxes," according to The Guardian.

To that end, offshore companies can be also be used for more nefarious purposes, such as to do business with blacklisted firms or individuals.

Among those implicated are Argentine President Mauricio Macri — who was listed as a director of a Bahamas company that dissolved in 2009 known as Fleg Trading Ltd, which did business in Brazil — and the king of Saudi Arabia, who evidently used shell companies in the British Virgin islands to take out $34 million worth of mortgages for properties in London, Fusion found in a review of the documents.

Syrian President Bashar Assad and Russian President Vladimir Putin, while not directly tied to the leaks, are linked to people named in the documents.
more..
http://www.businessinsider.com/panama-papers-main-findings-2016-4

http://www.bbc.com/news/world-35918844

Panama Papers: Mossack Fonseca leak reveals elite's tax havens
By Richard Bilton BBC Panorama

4 April 2016
From the section World

the ones crying loudest about Tax-evasion and Money-laundering got caught with their Pants around their Ankles!

http://townhall.com/video/putin-hits-back-at-panama-claims-n2143219


Putin Hits Back At Panama Claims

Mon, April 04, 2016

Kremlin spokesman Dmitry Peskov has hit back at reports alleging links between Russian president Vladimir Putin and offshore transactions.

Panama Papers: Massive leak shows how rich hide wealth: MSN focus on Putin

http://youtu.be/ysJeOmNbRrg/
08:38
Putin is NOT mentioned in in the top 143+ pages of the leak. He is 2nd tier of the elite. Yet- US & UK & Germany are trying to trash him & take the focus off of the top tier which is 143 OTHER people, from OTHER countries.

RT - News, Euronews & Social media is backing Putin up, as far as being feed up w/the ' Let's Hate Russia Campaign '
-------------------
http://www.euronews.com/2016/04/04/panama-papers-summary-the-financial-secrets-of-the-global-elite/

Iceland Prime Minister Sigmundur David Gunnlaugsson is the first world leader to offer his resignation amid reports he set up an offshore company with the help of a Panamanian law firm at the center of a massive tax evasion leak, an Icelandic official said.



http://www.foxnews.com/world/2016/04/05/iceland-pm-offers-to-resign-amid-panama-papers-scandal-local-media-report.html/

some of the Hypocrites are sweating Ink now!

He was sweating bullets when he couldn't handle that interview & walked off! It was ALMOST sad to watch

well,they better take the consequences now!

Resignation waiting to be approved

Panama Papers: After 10,000 Protest, Iceland's Prime Minister

http://youtu.be/HMaTBC0_U-Q/
00:58 Newsy

http://www.theguardian.com/world/video/2016/apr/03/icelands-prime-minister-walks-out-of-interview-over-tax-haven-question-video/ * Video *

A LEAK HAS $PRUNG

dirty little secrets
Here are the famous politicos in ‘the Wikileaks of the mega-rich’

http://fusion.net/story/287227/famous-presidents-shell-companies-trove/
* Embedded Links *

Criminal Activity: Human Trafficking, Drugs Dealers, Dictators etc.

World Leaders, Politicians & Public Officials

Regions:
Africa, Asia, Europe, Middle East, Latin America & Caribbean



Panama Papers: Partial List &
Access To The Full List & Video

http://www.hottrendsnow.net/panama-papers-full-list/
* Embedded Links *

As we have been covering this week, the release of the Panama Papers has created a panic among world governments, by exposing some of their darkest secrets.

In the leak, 11.5 million documents were stolen from Mossack Fonseca and were leaked to Suddeutsche Zeitung, who then turned to the International Consortium of Investigative Journalists to examine the documents. In the time since, media organizations have been scrambling to sift through a large number of documents, in hopes of finding stories that they can spin to fit their narrative.

So far, most of the information to be released through the mainstream media has been directed at foreign governments and leaders, with a passing mention of several hundred American citizens who store their money offshore without reporting it to the IRS. Ironically enough, at the height of the Panama Papers publicity, a fire broke out in the basement of the IRS headquarters, leading to a full closure of the headquarters for over a week.

According to a short report from the Associated Press:

IRS headquarters in Washington will remain closed for the rest of the week while repairs are made after a basement fire in the building.The agency said in a news release Tuesday that Monday afternoon’s fire affected the air handling system. No one was hurt in the fire. The IRS says telework-ready employees are expected to telework from their approved location. Officials say tax returns are not processed at headquarters; taxpayers should continue to file their returns.

The timing of the fire and the closure have led many to speculate that perhaps the fire is an inside job, and created intentionally for the purpose of destroying records, which could possibly be evidence that correlates to Panama Papers revelations.

coincidence?

Read more at http://thefreethoughtproject.com/fire-breaks-basement-irs-building-panama-papers-leak/#OJj77bBbHzVti3Sd.99

Ramon Fonseca, co-founder of Mossack Fonseca has lodged a criminal complaint. He said: "nobody is talking about the hack and that is the only crime that has been committed. We have lodged a criminal complaint. We have a technical report that we were hacked by servers abroad."

Latest updates reveal London to have played a pivotal role besides adding the involvement of drug barons from Mexico and Guatemala. - I. Express

Pakistan's PM goes on TV. Expresses these corruption charges are part of an old conspiracy against his family.

an old conspiracy... and muslims have a different view on money dealings than westerners do, so they just might start getting the axes ready for him and his family...