: :inin Kyiv (EET)

The Real Scandal Behind the Panama Papers


SOURCE: AP/Arnulfo FrancoThe setting sun lights up the Panama City skyline, April 4, 2016.The Panama Papers leak exposed to the world the offshore holdings of world leaders and their families. Iceland’s prime minister, Ukraine’s president, and the king of Saudi Arabia, as well as close associates of Hosni Mubarak, Bashar al-Assad, and Vladimir Putin, were among those exposed when names linked to the Panamanian law firm Mossack Fonseca were leaked to the German newspaper Süddeutsche Zeitung.
But, while big names captured the headlines, it wasn’t just the impunity of a powerful few that caused the scandal. The more disturbing revelation is …read more

Source: Center for American Progress

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