Panama Papers Expose Massive Global Corruption Scandal (TYT)

Cenk Uygur | (The Young Turks Video Report) | – –

“We’ve got a new bunch of leaked papers on some of the most prominent politicians and leaders worldwide. They are laundering money from out of their own countries into private bank accounts in offshore tax havens. Cenk Uygur, host of The Young Turks, breaks it down. . .

“The Panama Papers are an unprecedented leak of 11.5m files from the database of the world’s fourth biggest offshore law firm, Mossack Fonseca. The records were obtained from an anonymous source by the German newspaper Süddeutsche Zeitung, which shared them with the International Consortium of Investigative Journalists (ICIJ). The ICIJ then shared them with a large network of international partners, including the Guardian and the BBC.

What do they reveal?

The documents show the myriad ways in which the rich can exploit secretive offshore tax regimes. Twelve national leaders are among 143 politicians, their families and close associates from around the world known to have been using offshore tax havens.

A $2bn trail leads all the way to Vladimir Putin. The Russian president’s best friend – a cellist called Sergei Roldugin – is at the centre of a scheme in which money from Russian state banks is hidden offshore. Some of it ends up in a ski resort where in 2013 Putin’s daughter Katerina got married.”

The Young Turks: “Panama Papers Expose Massive Global Corruption Scandal”

9 Responses

  1. Panama Papers: Hundreds of Israeli Companies, Shareholders Listed in Leaked Documents Detailing Offshore Holdings
    Leaked documents of Panamanian law firm reveal shell companies linked to prominent Israeli lawyers and business persons.
    read more: link to haaretz.com

  2. Sure hope some of the most serious neocons are caught up in this net. Feith, Woolsey, Sheldon Adelson…Cheney, Clinton. I can dream

    U.S. names not released yet. Coming….

  3. JenniferV

    @cenkuygur As govt officials fall under legal charges & resignation, how will global FreeTrade, refugee policies, ect b affected ?

  4. Mossack Fonseca is the 4th largest law firm handling such accounts. I wonder who are 1, 2, and 3? Also, who are 5, 6, 7, 8, etc?

  5. Hmm, It´s all about Archdemon Putin…With “collateral damage”…Sorry Mr. Macri and Cameron´s Dad.
    What about Anglo-Saxon cleptocrats?

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