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World Business Report: First broadcast 2016/04/04 00:06 GMT: Leak reveals elite's tax havens

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First broadcast 2016/04/04 00:06 GMT

First broadcast 2016/04/04 00:06 GMT: Leak reveals elite's tax havens

Leak reveals elite's tax havens

BBC World Service - World Business Report, Leak reveals elite's tax havens

A document leak has revealed how the rich and powerful use tax havens to hide wealth.

Eleven million documents have been leaked from Panamanian law firm Mossack Fonseca. They show how it helped clients launder money, dodge sanctions and evade tax.

A huge leak of confidential documents has revealed how the rich and powerful use tax havens to hide their wealth. Eleven million documents were leaked from one of the world's most secretive companies, Panamanian law firm Mossack Fonseca. They show how Mossack Fonseca has helped clients launder money, dodge sanctions and evade tax. The company says it has operated beyond reproach for 40 years and has never been charged with criminal wrong-doing. The documents show links to 72 current or former heads of state in the data, including dictators accused of looting their own countries.

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First broadcast 2016/04/04 00:06 GMT: Leak reveals elite's tax havens

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