The Panama Papers: Global corruption-as-usual

The Panama Papers that came to light April 3 are described as 11 million encrypted internal documents leaked from the Panamanian law firm Mossack Fonseca. The papers document how the world’s most wealthy and powerful use tax havens to move, hide, launder, and evade paying taxes on their stolen loot, much of it embezzled from their own national treasuries. Thugs named include such world “leaders” or their intimates as Russia’s Vladimir Putin, Iceland’s Sigmundur Gunnlaugson, China’s Xi Jinping, Egypt’s Hosni Mubarak, Syria’s  Bashar al-Assad and America’s Middle Eastern BFF Saudi…

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