: :inin Kyiv (EET)

Scrutiny on officials worldwide increases in offshore leaks


LONDON (AP) — Iceland’s prime minister became the first major figure brought down by the leak of millions of records on offshore accounts as the scrutiny intensified around officials from other countries, including Ukraine’s president.
Icelandic leader Sigmundur David Gunnlaugsson stepped aside Tuesday amid outrage over revelations he had used a shell company to shelter large sums while Iceland’s economy was in crisis.
Officials in several other countries also are facing questions about possibly dubious offshore tax-avoidance schemes, following the publication of the names of rich and powerful people linked to the leaks, dubbed the Panama Papers.
They include Ukraine President Petro Poroshenko …read more

Source: KXAN

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