PARADISE PAPERS: Leaked Offshore Activities Linked to 120 Politicians Including PM Yıldırım’s Family
Paradise Papers, documents on the offshore accounts of over 120 politicians from 50 countries, are being leaked to the public. Prime Minister Yıldırım’s son and relatives are also mentioned in the documents.
Wolfgang Krach, editor in chief of the German newspaper, gives an overview of the secrecy involved in the two investigations
The Guardian – Juliette Garside – Nov 5, 10:00 AM
The world’s biggest businesses, heads of state and global figures in politics, entertainment and sport who have sheltered their wealth in secretive tax havens are being revealed this week in a major new investigation into Britain’s offshore
Malta’s finance minister Edward Scicluna told reporters that the Maltese-based entities named in the latest tax avoidance leaks are all listed on a public register. “There was no secrecy whatsoever,” he said.
The US multinational has used a Channel Island to protect its low tax regime, the Paradise Papers show.
Leaked documents have shed light on how Apple exploited tax loopholes.
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