The Panama Papers – In The Beginning There Was Putin
By: Terresa Monroe-Hamilton
Looks like Vlad got caught big time with his mitts in the cookie jar. In the largest financial data leak in history, we are getting to see just how corrupt Vladimir Putin and his inner circle of cronies are. It’s revealing to say the least. It’s a dirty dozen of world leaders who are using offshore tax havens to hidey hole their wealth. But as in all things secret, the light of day is shining into the buried coffers of power brokers. Good times.
And Putin is far from alone… a cadre of celebrities, sports stars, British politicians and the uber wealthy of the planet are all mired in this scandal. Welcome to the Panama Papers. This is a collection of 11 million files or so that contain data to kill for. It makes Edward Snowden look like a rank amateur by comparison. But this wasn’t a hack… it was a mass collection of documents and data.
The leak is originating from one of the world’s most secretive entities… the Panamanian law firm of Mossack Fonseca. In the dirt dug up, the firm is exposed for helping clients launder money, dodge sanctions and evade taxation. Among their clientele are megastars Jackie Chan and Lionel Messi who have invested their millions offshore. Chan is a big fan of communist China. The whole story is like a movie come to life… it’s also revealed that 26 million pounds that was stolen during the Brink’s Mat robbery in 1983 was possibly funneled into an offshore company set up by this firm.