TechNewsHeaven {{}}

Panama Papers: Owners could not be traced
2018-06-21T00:53:10.3167661Z - / Hacker News
The new leak contains 1.2 million documents dating from before the Panama Papers went public in April 2016 to December 2017. The BVI denies the register is secret and says it is accessible to the authorities and relevant UK authorities on request within one hour. Mossack Fonseca's documents have since been obtained by a number of tax authorities including HM Revenue and Customs which paid an undisclosed sum for the leaked data. In November 2017, the UK tax authority revealed there were 66 ongoing investigations related to the Panama Papers and that they expected to recover £100m in tax. Three months ago Mossack Fonseca announced it was closing down citing reputational damage and the actions of the Panamanian authorities.

Your favorite news

Popular news

Recommended news