Supersonic 49,376 Posted April 4, 2016 Share Posted April 4, 2016 A massive leak of confidential documents has shed light on how some of the world's most prominent people exploit tax havens to hide their wealth. Russian President Vladimir Putin is among several leaders implicated. The trove of 11.5 million documents from Panama-based law firm Mossack Fonseca was obtained from an anonymous source by Germany's "Süddeutsche Zeitung" newspaper. The documents, dubbed the "Panama Papers," show how the company helped its clients evade tax and launder money. The files also link current and former leaders, including Egyptian autocrat Hosni Mubarak, Libya's former leader Moammar Gadhafi, and Syrian President Bashar al-Assad to illicit financial dealings. The papers reveal that around 140 politicians from around the world have been using offshore tax havens - among them 12 national leaders. Other individuals mentioned in the files included drug traffickers, celebrities and sports stars. Ukrainian President Petro Poroshenko, Iceland's prime minister, Sigmundur Davíð; Pakistani Prime Minister Nawaz Sharif; and Alaa Mubarak, the son of Egypt's former president, are all known to have offshore wealth. Russian President Vladimir Putin isn't mentioned in the documents, but the ICIJ said his associates "secretly shuffled as much as $2 billion (1.7 billion euros) through banks and shadow companies." The files also reveal that the families of at least eight current and former members of China's supreme ruling body, including President Xi Jinping's brother-in-law, have been found to have hidden wealth. Read more: http://www.dw.com/en/panama-papers-reveal-how-the-rich-hide-money-offshore/a-19161658 Link to post Share on other sites More sharing options...
Prometheus 1,494 Posted April 4, 2016 Share Posted April 4, 2016 Man, I was just about to post this. This is some scary ****. It's crazy the stuff that goes on beyond the public eye. Link to post Share on other sites More sharing options...
KURUSHITOVSKA 20,451 Posted April 4, 2016 Share Posted April 4, 2016 This is awful but you know what? Russians still love him no matter what. They think he's done the best for the country. ¿Qué currículum tiene ésta tarántula? Link to post Share on other sites More sharing options...
Morphine Prince 109,649 Posted April 4, 2016 Share Posted April 4, 2016 Saw this earlier today. Politicians, celebrities, etc. all have hidden wealth, I am SURE. It is so disgusting that poverty exists and that people around the world are working for a slave wage and we have these ****ers hiding their immense wealth. Link to post Share on other sites More sharing options...
PunkTheFunk 125,703 Posted April 4, 2016 Share Posted April 4, 2016 Can one of them please pay off my student loans Link to post Share on other sites More sharing options...
Babel 41,637 Posted April 4, 2016 Share Posted April 4, 2016 Great. My country name being Gaga-level worldwide famous because of this! This Panama Papers leak is HUGE. Its like 150x times bigger than WikiLeaks. And there are just not only politicians involved, but celebrities too. Pedro Almodovar and Lionel Messi to name a few. Link to post Share on other sites More sharing options...
Goosey 3,017 Posted April 4, 2016 Share Posted April 4, 2016 "Russian President Vladimir Putin isn't mentioned in the documents" Then why is the title "Vladimir Putin Tax Evasion scandal"? "I am the world's greatest person that does not want to let people into the country."—US President Donald J. Trump Link to post Share on other sites More sharing options...
Anastasios 573 Posted April 4, 2016 Share Posted April 4, 2016 29 minutes ago, Goosey said: "Russian President Vladimir Putin isn't mentioned in the documents" Then why is the title "Vladimir Putin Tax Evasion scandal"? because he is smart and has a lot of friends who hide his money, for example his best friend or other people who already had worked with him. Some people say Putin is actually one of the richest people of the world. Hate him. Link to post Share on other sites More sharing options...
Luiz 4,253 Posted April 4, 2016 Share Posted April 4, 2016 Panama Papers: Mossack Fonseca leaks reveal Xi Jinping's family links to offshore companies http://www.ibtimes.co.uk/panama-papers-mossack-fonseca-leaks-reveal-xi-jinpings-family-links-offshore-companies-1552941 David Cameron's dad and top Tories named in leaked 'Panama Papers' about global tax haven firm http://www.mirror.co.uk/news/uk-news/david-camerons-dad-top-tories-7684150 Secret files reveal more Canadians using offshore tax havens http://www.cbc.ca/news/canada/secret-files-reveal-more-canadians-using-offshore-tax-havens-1.1376407 I disapprove of what you say, but will defend to the death your right to say it. Link to post Share on other sites More sharing options...
Luiz 4,253 Posted April 4, 2016 Share Posted April 4, 2016 surprised this thread has so little posts I disapprove of what you say, but will defend to the death your right to say it. Link to post Share on other sites More sharing options...
Luiz 4,253 Posted April 4, 2016 Share Posted April 4, 2016 600 Israeli companies, 850 shareholders listed in Panama data leak http://www.timesofisrael.com/600-israeli-companies-850-shareholders-listed-in-panama-data-leak/ I disapprove of what you say, but will defend to the death your right to say it. Link to post Share on other sites More sharing options...
River 127,336 Posted April 4, 2016 Share Posted April 4, 2016 1 hour ago, Luiz said: 600 Israeli companies, 850 shareholders listed in Panama data leak http://www.timesofisrael.com/600-israeli-companies-850-shareholders-listed-in-panama-data-leak/ Netanyahu is not among those 600 unfortunately Messie is also in the list.. So sploosh your juice all over me you Riverboy Link to post Share on other sites More sharing options...
Goosey 3,017 Posted April 4, 2016 Share Posted April 4, 2016 13 hours ago, WastedYouth said: because he is smart and has a lot of friends who hide his money, for example his best friend or other people who already had worked with him. Some people say Putin is actually one of the richest people of the world. Hate him. Nah, it's the title because the name "Putin" is more sensational than "Prime Minister of Iceland" or "nearly 400 Canadian companies". "I am the world's greatest person that does not want to let people into the country."—US President Donald J. Trump Link to post Share on other sites More sharing options...
lego 44,165 Posted April 4, 2016 Share Posted April 4, 2016 is anyone going to prison for this? FreePalestine Link to post Share on other sites More sharing options...
Riot Poof 2,236 Posted April 5, 2016 Share Posted April 5, 2016 Somebody on Tumblr said this might be the biggest scandal in our lifetime, so I'mma keep track of this. I'm not a woman. I'm not a man. I am something that you'll never understand. Link to post Share on other sites More sharing options...
Featured Posts
Archived
This topic is now archived and is closed to further replies.