Panama Papers

A recent leak is pointing fingers to head of states, World leaders, politicians, celebrities in a 40 years of using offshore accounts. According to the Consortium of Investigative Journalists (ICIJ), a non-profit group based in the US that originally published the leaked document, the documents listed 12 current and former world leaders, 128 politicians and public officials, billionaires, celebrities, sports stars and politicians.

                            

              From  Upper left, Sigmundur Davíð Gunnlaugsson, Petro Poroshenko,  Clive Khulubuse Zuma

              Down-left: Ayad Allawi, Salman bin Abdulaziz bin Abdulrahman Al Saud, Sheikh Khalifa bin Zayed bin Sultan Al Nahyan

The document has been tagged the Panama Papers. The data shows 38 years  (1977 through 2015) and 214,000 of offshore entities.

Confirming the report, a co-founder of Mossack Fonseca said that the documents were obtained illegally by hacking and most of the documents are real, but the firm had not engaged or assisted in any wrongdoing.

A German newspaper, Süddeutsche Zeitung said it had received about 2.6 terabytes of data, more than would fit in a 600 DVDs.

              "To our knowledge this is the biggest leak that journalists have ever worked on,” journalist Bastian Obermayer said

The Consortium of Investigative Journalists (ICIJ) has said it will published names of individuals involved in the scandal in early May, citing emails, financial spreadsheets and passports among its evidence.

But some of the people named already are:

Petro PoroshenkoPresident of Ukraine

Ayad AllawiAllawi Iraq’s Vice-President between 2014 and 2015, and the country’s interim prime minister from 2004 to 2005

Salman bin Abdulaziz bin Abdulrahman Al SaudKing of Saudi Arabia

Sheikh Khalifa bin Zayed bin Sultan Al NahyanPresident of the United Arab Emirates, Emir of Abu Dhabi

Sigmundur Davíð GunnlaugssonPrime Minister of Iceland

        

                   

Sergey RolduginClose friend of Vladimir Putin

Sheikh Hamad bin Khalifa Al Thani: Emir of Qatar 1995-2013

Li XiaolinDaughter of Li Peng, the former Premier of China (The current vice-president of state-owned power company China Datang Gorporation and former CEO of China Power International Development, she has been nicknamed China’s “Power Queen”

Rami Makhlouf: Cousin of Bashar Assad, the President of Syria

Hafez Makhlouf: Cousin of Bashar Assad, the President of Syria

Clive Khulubuse Zuma: Nephew of Jacob Zuma, President of South Africa

Maryam Nawaz Sharif SafdarDaughter of Nawaz Sharif, prime minister of Pakistan

Hasan Nawaz SharifSon of Nawaz Sharif, prime minister of Pakistan

Hussain Nawaz SharifSon of Nawaz Sharif, prime minister of Pakistan

Alaa Mubarak: The eldest son of ousted former Egyptian President Hosni Mubarak