PANAMA PAPERS
The Panama
Papers (Panama Leaks) are a
set of 11.5 million leaked documents detailing attorney–client
information for more than 214,000 offshore companies
associated with the Panamanian law firm and corporate service provider, Mossack Fonseca.
The leaked documents contain the identities of company shareholders and
directors associated with Mossack Fonseca and illustrate how wealthy individuals,
including public officials, hide assets from public scrutiny. At the time of
publication, the papers identified five then-heads of state or government
leaders from Argentina, Iceland, Saudi Arabia, Ukraine, and the United Arab
Emirates as well as government officials, close relatives, and close associates
of various heads of government of more than forty other countries. The British Virgin Islands was home to half of the companies
exposed and Hong Kong contained the most affiliated banks, law firms, and
middlemen.[1]
While the use of offshore business
entities is not illegal in the jurisdictions in which they are registered, and
often not illegal at all, reporters found that some of the shell corporations seem to have been used for illegal
purposes, including fraud, kleptocracy, tax evasion and evading international
sanctions.[2]
An anonymous source using the
pseudonym "John Doe" made the documents available in batches to
German newspaper Süddeutsche Zeitung beginning in early 2015. The information from this unremunerated whistleblower documents transactions as far back as
the 1970s and eventually totaled 2.6 terabytes of data.[3]Given the scale of the leak, the newspaper enlisted the help of
the International
Consortium of Investigative Journalists (ICIJ), which distributed the
documents for investigation and analysis to some 400 journalists at 107 media
organizations in 76 countries.[4] The first news reports based on the papers, and 149 of the
documents themselves, were published on April 3, 2016. The disclosure of the
leak is estimated to have reduced stock prices by an unprecedented US$230
billion around the world.[5] Following initial reports, the ICIJ announced plans to publish a
full list of companies involved in early May 2016.[6] At the end of April, the ICIJ reported that they would release,
on May 9, 2016, a searchable database containing information on over 200,000
offshore entities implicated in the Panama Papers investigation and more than
100,000 additional companies implicated in the 2013 Offshore Leaks investigation.
BIG SHOTS
·
oan Pau Miquel i Prats, Andorran former CEO and current
counselor of Banca Privada d'Andorra.[126]
·
Santiago Rosselló, Spanish banker that was the CFO of Banca Privada d'Andorra.
He appears as a proxy in the same offshore company as Joan Pau Miquel.[126]
·
Abdullah family members Yousuf Abdullah, Shahid Abdullah, Nadeem
Abdullah and Amer Abdullah, who own Sapphire Textiles[4]
·
Yitzhak Abuhatzeira, son of Rabbi David Abuhatzeira and
great-grandson of Baba Sali, and head of Callery Resources[21]
·
Omar Aggad, Saudi
businessman and former director of Arab Palestinian
Investment Company (APIC), and his son Tarek Aggad, current
chairman, CEO and owner of 27% of the company.[29]
·
Richard Attias, Moroccan
businessman and husband of Cecilia Attias, former wife of French president Nicolas Sarkozy[125]
·
Patokh Chodiev,
billionnaire, oligarch and two of his relatives, Alexander Machkevitch and
Alijan Ibragimov[132]
·
Hussain Dawood, Pakistani businessman, Chairman of Dawood Hercules
Corporation Limited, Engro Corporation Limited, Hub Power Company
Limited,Pakistan Poverty
Alleviation Fund and The Dawood Foundation.[4]
·
Garware family, family of Abasaheb Garware, was a pioneering industrialist from Maharashtra state in India[20]
·
Dan Gertler, Israeli
billionaire businessman and the founder and President of the DGI (Dan Gertler
International) Group of Companies[21]
·
Valentino Garavani,
Italian fashion designer and founder of the Valentino SpA brand and company, and his parter Giancarlo Giammetti[3]
·
Stuart Thomson Gulliver,
British banking business executive and the current Group Chief Executive of HSBC[136]
·
Sadruddin Hashwani,
Pakistani businessman and Chairman of Hashoo Group, and his son Murtaza Hashwani[4]
·
Brothers Aqueel Hassan and Tanwir Hassan, Pakistani businessmen
and owners of the Pizza Hut's Pakistan branch[4]
·
Ahmed Ali Riaz, son of Pakistani business magnate Malik Riaz Hussain who founded and owns Bahria Town[4]
·
Mir Khalil-ur-Rahman,
Pakistani businessman, founder and editor of the Jang Group of
Newspapers[4]
·
Lev Avnerovich Leviev,
Israeli businessman, philanthropist, investor and owner of Lexinter
International Inc., which holds shares in Vauxhall Securities Inc.[21]
·
Mohan Lal Lohia, Indian,
father of Sri Prakash Lohia, founder and chairman of Indorama Corporation[20]
·
Abdul Rashid Mir, Indian
founder and CEO of Cottage
Industries Exposition Limited (CIE) & Tabasum
Mir[20]
·
Idan Ofer, London-based
Israeli business magnate and philanthropist, founder of Tanker Pacific[22][23]
·
Zavaray Poonawalla, Indian, brother of billionaire Cyrus S. Poonawalla and heads the managing committee of Royal Western India
Turf Club (RWITC)[20]
·
Teddy Sagi, a London-based
Israeli billionaire businessman founder of Playtech and the majority shareholder of
Market Tech Holdings, which owns London'sCamden Market, and of two AIM-listed
technology companies[22][23]
·
Mallika Srinivasan,
Chairman and Chief Executive Officer of TAFE - Tractors
and Farm Equipment Limited and Indira
Sivasailam[20]
·
Beny Steinmetz, Israeli
businessman, with a portfolio in diamond-mining, engineering and real estate, and his business
partner and brother Daniel Steinmetz[21]
·
Garibaldi Thohir, Indonesian investment banker and coal
entrepreneur, brother of Erick Thohir[130]
·
Jacob Weinroth, an Israeli
attorney, founder partner of Dr. J. Weinroth & Co. Law Office and owner and
director of Sapir Holdings[22][23]
·
Miguel Blesa, Spanish
financial officer, banker and president of the board of Caja Madrid from 1996 to 2009, which since 2013 is being investigated by
judicial irregularities during his tenure and arrested by this corruption
scandal.[148]
·
Alberto Cortina and his cousin Alberto Alcocer, Spanish businessmen, owners of Grupo ACS, the biggest
construction company in the world and of 21% of Ence,
the largest paper pulp and biomass energy company in Europe.[149]
·
Eugenio Mora Olivella, Spanish textile businessman and former
president of Burberry in Spain.[154]
·
Dr.Eufemiano Fuentes, is a
Spanish sports doctor, well known for being implicated in the Operación Puerto
doping case.[155]
·
Demetrio Carceller Coll and his sons, Spanish businessman. He
was the son of Demetrio Carceller Segura, Minister of Industry
and Commerce at the beginning of Franco's dictatorship.
Demetro Carceller y Arce (1962), his son, is a director and shareholder of
Sacyr (6.04%), director of Gas Natural and chairman and shareholder, with
23% of the beer Estrella Damm. Is the president of the Disa oil plus
shareholder of Natural Gas, Ebro and CLH.[77]
Javier del Valle Petersfeld, Spanish lawyer and tax consultant. He is
imputed in Gürtel case