The Panama Papers are a set of 11.5 million
confidential documents created by the Panamanian corporate service
provider Mossack Fonseca that provide detailed information on more
than 214,000 offshore companies, including the identities of shareholders
and directors. Those identified include numerous wealthy and powerful political
figures and organizations of many countries. Comprising 11.5 million documents
created since the 1970s, the 2.6-terabyte set was given to the German
newspaper Suddeutsche Zeitung in 2015 and subsequently to the
washington-based International consortium of Investigative
Journalists (ICIG). The papers were distributed to
and analyzed by about 400 journalists at 107 media organizations in more than
80 countries. The first news reports based on the set, along with 149 of the
documents themselves were published on April 3, 2016. Among
other planned disclosures, the full list of companies is to be released in
early May. The super rich hiding up to $32 trillion offshore. No doubt ,
Nigerians remain the most fingered amongst other West African
state.Nigerians on the Panama Papers will be be exposed.
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