‘Panama Papers’ reveal tax havens of rich and powerful; Russia says allegations are anti-Putin campaign; UK’s Cameron says family finances a ‘private matter’
Governments across the world began investigating possible financial wrongdoing by the rich and powerful yesterday after a leak of four decades of documents from a Panamanian law firm that specialised in setting up offshore companies.
The “Panama papers” revealed financial arrangements of global politicians and public figures including friends of Russian President Vladimir Putin, relatives of the prime ministers of Britain, Iceland and Pakistan, and the president of Ukraine.
While holding money in offshore companies is not illegal, journalists who …read more
Source: The Bangladesh Chronicle
