Officials in many countries are affected by the “Panama Papers”


Prime Minister Nawaz Sharif in Pakistan defended his riches as legally acquired, and demanded that his opponents back up their allegations of wrongdoing. In Britain, Prime Minister David Cameron faced calls for a government inquiry. France’s finance minister, Michel Sapin, told Parliament the government was putting Panama back on a blacklist of havens for tax evaders. Officials in France, , Austria and South Korea said they were beginning investigations into possible malfeasance, from money laundering to tax evasion. Even the Chilean head of Transparency International, a prominent anticorruption advocacy group, was forced to step down. In other countries, as Russia and China, officials dismissed the leaked documents as a baseless political attack. However, this is just in the beginning  It could take months for the media to exhaust the huge amount of information containing proof of complex deals involving the world’s wealthiest and most private people


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