11 million documents reveal where the mega-rich (and powerful) hide their cash

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 A major leak of the secret offshore arrangements of some of Vladimir Putin’s closest friends reveals how hundreds of millions of dollars are hidden around the globe in complex financial structures. A trove of leaked documents from Panamanian law firm Mossack Fonseca unveils previously untraceable transactions of some of Russia’s most powerful men.theguardian

Putin and the 'Dirty Dozen': 11million leaked documents reveal how TWELVE world leaders. The Panama Papers is a global investigation into the sprawling, secretive industry of offshore that the world's rich and powerful use to hide assets and skirt rules by setting up front companies in far-flung jurisdictions. Based on a trove of more than 11 million leaked files, the investigation exposes a cast of characters who use offshore companies to facilitate bribery, arms deals, tax evasion, financial fraud and drug trafficking.

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