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Lionel Messi, Simon Cowell, Vladimir Putin and Jackie Chan. What do these people have in common? Well they are all linked to the biggest corruption leak of the 21st century. Along with them are many top ranked officials, diplomats, dictators and even royalty. It took over a year to orchestrate, with over thousands of journalists working on the data leaked by an anonymous source. It is called the Panama Papers.
The ‘Panama Papers’ largely follows the dealings of Mossack Fonseca, a law firm from Panama. Mossack Fonseca helps create and manage offshore shell companies for its clients, which is technically legal. However, under this guise, it has managed to pull off one of the most extensive operations for the wealthy to hide their wealth.
As you can imagine, this concept of hiding wealth comes in handy to all kinds of crooks. Mossack has been accused of turning a blind eye to several of the shady dealings of its clients. For instance the Russian businessmen who captured and sold underaged girls into the sex trade, was allowed to continue being a client of Mossack even after they found out about his activities. Its clients also include companies that sell weapons to the Syrian army under the Asad regime; the cause of thousands of innocent lives.
For the full story on the Panama Papers, watch the video below: