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Panama Papers shows shell companies prevail despite G20 announced efforts

Thursday, April 7th 2016 - 06:52 UTC
Full article 5 comments

The leak of 11 million documents from a Panama-based law firm offers a glimpse into the shadowy world where the rich and powerful hide their money, raising sharp questions about the use of shell companies that obscure the identities of their true owners, even if they aren’t illegal by themselves. Read full article

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  • willi1

    Panama President Juan Carlos Varela said his government had “zero tolerance” for illicit financial activities and would cooperate “vigorously”

    “...but, please, before that transfer my money to the seychelles.”

    Apr 07th, 2016 - 09:02 am - Link - Report abuse 0
  • ChrisR

    Even Obumma has recognized that much of what they do is LEGAL! And, he says, that's the problem.

    AHH, the G20. A bunch of halfwits trying to outwit somebody with wits AND who know how to use them.

    Apr 07th, 2016 - 05:32 pm - Link - Report abuse 0
  • Briton

    they are all totally innocent,

    who says so ?

    they do obviously.
    lol

    Apr 07th, 2016 - 07:13 pm - Link - Report abuse 0
  • LukeDig

    In a week no one will give a darn about this.

    Apr 08th, 2016 - 04:18 am - Link - Report abuse 0
  • Briton

    Probably not..

    Apr 08th, 2016 - 07:52 pm - Link - Report abuse 0

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