Documents were leaked from one of the world's most secretive
companies, Panamanian law firm Mossack Fonseca, and show how the company has
allegedly helped clients launder money, dodge sanctions and evade tax.
Of course some African leaders are involved in it too. Families
and associates of Egypt's former president Hosni Mubarak, Libya's former leader
Colonel Gaddafi and Syria's president Bashar al-Assad are among 12 world
leaders who are said to have benefited from tax havens.
While using offshore companies is not illegal, the practice
has long been morally dubious and is under the spotlight amid a wider
examination of tax avoidance by large companies such as Google
Culled from Daily mail
Read more:
http://www.dailymail.co.uk/news/article-3521830/Tax-havens-world-s-rich-famous-revealed-huge-data-leak.html#ixzz44rWclFvE
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