Published on Apr 3, 2016
A German newspaper says it has received a huge amount of documents detailing the offshore financial dealings of a number of world leaders. The Zood-doy-che Sai-toong says it has received the data from an anonymous source. The data has been leaked from a Panama-based secretive law firm called Mossack Fonesca. The documents show the company has aided its clients to transfer their illegally-earned wealth, and avoid taxes. The German daily says it has shared the data with over 100 other news agencies. The leak is said to be the biggest ever blow to the offshore world.