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Panama Papers Implicate World Leaders In Financial Scandal

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A massive leak from the Panama-based law firm Mossack Fonseca of 11.5 million tax documents exposed the secret offshore dealings of aides to Russian president Vladimir Putin, world leaders and celebrities. (Eduardo Grimaldo/AFP/Getty Images)
A massive leak from the Panama-based law firm Mossack Fonseca of 11.5 million tax documents exposed the secret offshore dealings of aides to Russian president Vladimir Putin, world leaders and celebrities. (Eduardo Grimaldo/AFP/Getty Images)

More than 11 million documents leaked from the Panamanian law firm Mossack Fonseca offer a glimpse into how the rich and powerful launder money, dodge sanctions and avoid taxes.

The law firm says it has done nothing wrong but the documents, for instance, reveal a suspected billion dollar money laundering scheme involving associates of Russian president Vladimir Putin.

The documents were leaked to the German newspaper Süddeutsche Zeitung, which shared them with the International Consortium of Investigative Journalists.

Simon Cox, an investigative reporter with the BBC in London, reviews some of the revelations with Here & Now's Robin Young.

Note: This BBC interview can be heard in the Here & Now podcast or with the WBUR app.

Guest

This segment aired on April 4, 2016.

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