GWEN IFILL: The project is called the Panama Papers. It represents the work of hundreds of journalists in dozens of countries, coordinated by the International Consortium for Investigative Journalism, or ICIJ.
The project exposes the dealings of a Panamanian law firm called Mossack Fonseca, and its work in allegedly creating shell companies for the global rich and powerful to hide and launder money and to evade taxes. More than 11 million law firm documents were initially provided to a German newspaper by an anonymous source.
Among the world leaders allegedly involved in these schemes, the presidents of Argentina and Ukraine, the king …read more
Source: PBS
