- 11million financial documents have been leaked from Panamanian law firm
- Show how world's rich and powerful use offshore tax havens to hide wealth
- Twelve current or former world leaders implicated along with UK politicians
- Russian president Vladimir Putin's friends appear to have earned millions
- Leak is bigger than the amount of data stolen by Edward Snowden in 2013
- German newspaper obtained documents but identity of source is unknown
The biggest financial data leak in
history has revealed how Vladimir Putin's inner circle and a 'dirty dozen'
list of world leaders are using offshore tax havens to hide their wealth.
A host of celebrities, British
politicians and the global rich are all implicated in the so-called Panama
Papers - a leak of 11million files which contain more data than the amount
stolen by former CIA contractor Edward Snowden in 2013.
Documents were leaked from one of
the world's most secretive companies, Panamanian law firm Mossack Fonseca, and
show how the company has allegedly helped clients launder money, dodge
sanctions and evade tax.
- A network of secret offshore deals and loans worth £1.4 billion that leads to Russian President Vladimir Putin;
- Twelve national leaders, including the King of Saudi Arabia, president of Ukraine and the prime minister of Iceland, are among 143 politicians revealed to have offshore accounts, including several dictators;
- Six members of the House of Lords, three former Conservative MPs and dozens of donors to British political parties are among those said to have benefited from tax havens;
- A member of Fifa's ethics committee, which is supposed to be reforming the organisation, worked as a lawyer for people charged with bribery and corruption.
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