Panama Papers
The Panama Papers are 11.5 million leaked documents that talked about financial and attorney–client information for more than 214,488 offshore tax accounts.[1][2] The documents, some traced back to the 1970s, were created by, and taken from, Panamanian law firm and corporate service provider Mossack Fonseca,[3] and were leaked in 2015 by an anonymous source to German journalist Bastian Obermayer.[4][5]
The documents contain personal financial information about wealthy individuals and public officials that had been kept private.[6] While offshore business tax activities are legal, reporters found that some of the Mossack Fonseca shell corporations were used for illegal purposes, including fraud, tax evasion, and evading international sanctions.[7]
