An interactive map published in the Irish Times, apparently based on the
data collected by the International Consortium of Investigative
Journalists (ICIJ) for the Panama Papers leak, suggested that there are
seven people from Nepal who are shareholders in offshore firms, and
linked to the possible tax evasion. The ICIJ’s exclusive website on the
leak, however, has not published their names yet. ICIJ said it will
release the full list of companies and people linked to them in early
May. In collaboration with the German newspaper Süddeutsche Zeitung and
108 other media outlets around the globe, the ICIJ on Sunday published
more than 11.5 million internal files of the law firm Mossack Fonseca,
based in the tax haven of Panama.Iceland prime minister resigned after
public learned that he used a shell company to shelter large sums of
money.
The Panama Papers, which illustrate how a small class of global elites
find elaborate ways to shield their wealth from tax collectors, bank
regulators and police, offer a glimpse into what's driving the populist
outrage that has marked this year's presidential campaign. The trove of
11.5 million leaked documents have thus far shed light mostly on foreign
figures such as the prime minister of Iceland, who resigned Tuesday
after the public learned that he used a shell company to shelter large
sums of money while his country's economy foundered. The reaction in the
U.S., meanwhile, has been relatively muted. But voters and experts say
the documents validate the frustration felt by Bernie Sanders'
supporters on the left, who feel hard work is no longer enough to get
ahead in America, and the anger of Donald Trump partisans on the right
who say it will take someone who knows the insider system to dismantle
it.
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