Panama Papers offshore companies list published

FRANKFURT, Germany (AP) – A global network of investigative journalists has published data on more than 200,000 offshore entities that was the source of a recent string of stories about companies and individuals who hid money in tax havens.

The International Consortium of Investigative Journalists says publishing the data doesn’t imply that all of the persons and companies mentioned broke the law, since there are legitimate uses for offshore companies.

But the data, first obtained by German newspaper Sueddeutsche Zeitung, has already highlighted the extent to which the rich and powerful use shell companies to hide money, and led to the resignation of Iceland’s prime minister.

The data relates to clients of Panamanian law firm Mossack Fonseca, which says it was hacked.

Bank accounts, phone numbers and email addresses were left out of the database published Monday at https://offshoreleaks.icij.org/.

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