PANAMA CITY (AP) — Rich and influential people around the globe have found themselves under siege since a major data leak revealed their ties to secretive financial accounts and shell companies in low-tax havens used to hide wealth.
The uproar has brought down the prime minister of Iceland and raised questions about the presidents of Argentina and Ukraine, senior Chinese politicians, and the circle of friends of Russian President Vladimir Putin. On Thursday, British Prime Minister David Cameron became the latest politician ensnared when he acknowledged having profited from his father’s investments in an offshore tax haven before being elected.
Yet few …read more
Source: KXAN
