‘Governments across the world began investigating possible financial wrongdoing by the rich and powerful following a leak of documents from a Panamanian law firm. The documents allegedly show how clients avoided tax or laundered money. The documents detailed schemes involving an array of figures from friends of Russian President Vladimir Putin to relatives of the prime ministers of Britain, Iceland and Pakistan and as well as the president of Ukraine. Australia, Austria, Brazil, France and Sweden were among countries which said they had begun investigating the allegations. The documents were leaked to the International Consortium of Investigative Journalists and more than 100 other news organizations. Published on Apr 4, 2016’.
The funny thing is that the name Putin keep on being bandied about (even by the Chinese CCTV), in spite of the fact that the name does not seem to appear in the leaked papers . . . close associates. Meanwhile, David Cameron’s father is directly implicated as well as a host of other politicians from across the world. The International Consortium of Investigative Journalists (ICIJ) puts it like this: “Files reveal the offshore holdings of 140 politicians and public officials from around the world” . . . “Current and former world leaders in the data include prime ministers of Iceland and Pakistan, the president of Ukraine, and the king of Saudi Arabia” . . . “More than 214,000 offshore entities appear in the leak, connected to people in more than 200 countries and territories” . . . “Major banks have driven the creation of hard-to-trace companies in offshore havens”. Still, the ICIJ also talks about “associates of Russian President Vladimir Putin” . . . . and adding that the “cache of 11.5 million records shows how a global industry of law firms and big banks sells financial secrecy to politicians, fraudsters and drug traffickers as well as billionaires, celebrities and sports stars. These are among the findings of a yearlong investigation by the International Consortium of Investigative Journalists, German newspaper Süddeutsche Zeitung and more than 100 other news organizations. The files expose offshore companies controlled by the prime ministers of Iceland and Pakistan, the king of Saudi Arabia and the children of the president of Azerbaijan. They also include at least 33 people and companies blacklisted by the U.S. government because of evidence that they’d been involved in wrongdoing, such as doing business with Mexican drug lords, terrorist organizations like Hezbollah or rogue nations like North Korea and Iran. One of those companies supplied fuel for the aircraft that the Syrian government used to bomb and kill thousands of its own citizens, U.S. authorities have charged”, and adding that the “leaked data covers nearly 40 years, from 1977 through the end of 2015. It allows a never-before-seen view inside the offshore world — providing a day-to-day, decade-by-decade look at how dark money flows through the global financial system, breeding crime and stripping national treasuries of tax revenues. Most of the services the offshore industry provides are legal if used by the law abiding. But the documents show that banks, law firms and other offshore players have often failed to follow legal requirements that they make sure their clients are not involved in criminal enterprises, tax dodging or political corruption. In some instances, the files show, offshore middlemen have protected themselves and their clients by concealing suspect transactions or manipulating official records”.
But, the journalist Clark Mindock and David Sirota now also reveal that “U.S. President Barack Obama and then-Secretary of State Hillary Clinton pushed for a Bush administration-negotiated free trade agreement that watchdogs warned would only make the situation worse”, “[y]ears before more than a hundred media outlets around the world released stories Sunday exposing a massive network of global tax evasion detailed in the so-called Panama Papers”. These statements would indicate that, not Putin but rather, Obama should be wary of the recent leak . . . Mindock and Sirota explain that “[s]oon after taking office in 2009, Obama and his secretary of state — who is currently the Democratic presidential front-runner — began pushing for the passage of stalled free trade agreements (FTAs) with Panama, Colombia and South Korea that opponents said would make it more difficult to crack down on Panama’s very low income tax rate, banking secrecy laws and history of noncooperation with foreign partners. Even while Obama championed his commitment to raise taxes on the wealthy, he pursued and eventually signed the Panama agreement in 2011. Upon Congress ratifying the pact, Clinton [aka the Hillerator] issued a statement lauding the agreement, saying it and other deals with Colombia and South Korea ‘will make it easier for American companies to sell their products.’ She added: ‘The Obama administration is constantly working to deepen our economic engagement throughout the world, and these agreements are an example of that commitment.’ Critics, however, said the pact would make it easier for rich Americans and corporations to set up offshore corporations and bank accounts and avoid paying many taxes altogether”.
And then, some of the names appearing in the leaks are Sergi Roldugin, Arkady Rotenberg and Boris Rotenberg, (apparently close friends of Russia’s President), and the soccer star Lionel Messi and the Spanish director Pedro Almodovar (and brother Agustin Almodovar Caballero) and the Argentina President Mauricio Macri as well as Ivan Zamorano, a retired Chilean and Real Madrid soccer player, but also the actor Jackie Chan and the already-disgraced Michel Platini, the former President of the Union of European Football Associations (UEFA), but also Juan Pedro Damiani, member of the FIFA Ethnics Committee and also an Argentine former soccer player with Manchester United, Gabriel Iván Heinze, in addition to the UK PM’s old man, Ian Cameron, as well as former Spanish King Juan Carlos I’s sister Pilar de Borbon, and a certain Daniel Muñoz, aide to former Argentina presidents Cristina Fernandez de Kichner and Nestor Kichner. And then there are also the names of the Prime Minister of Iceland, Sigmundur Davíð Gunnlaugsson, and Juan Armando Hinojosa, the “favorite contractor” of Mexican President Enrique Peña Nieto, as well as a certain Néstor Grindetti, Mayor of the Lanús, Argentina (a town with a population of 212,152) and João Lyra, Member of the Brazilian Chamber of Deputies, and Alfredo Ovalle Rodríguez, intelligence agency associate in Chile as well as Pedro Delgado, former Governor of the Central Bank of Ecuador. In addition to the name Riccardo Francolini, the former chairman of the state-owned Savings Bank in Panama, and César Almeyda, the Director of Peru’s National Intelligence Service. And then there is a former Venezuelan commander-in-chief of the army known as Victor Cruz Weffer, as well as Jesús Villanueva, the former Director of Venezuela’s state-owned oil and gas company PDVSA, as well as Idalécio de Oliveira, potential briber of Brazil’s President of the Chamber of Deputies Eduardo Cunha. Another name is that of Javier Molina Bonilla, a former advisor to Ecuador’s Director of the National Intelligence Secretariat Rommy Vallej, and César Rosenthal, son of former Honduran Vice President Jaime Rosenthal. And the names of two Argentinean businessmen also implicated in the 2015 FIFA corruption case, Hugo and Mariano Jinkis, and yet another professional soccer player, Leonardo Ulloa. But for some strange reason there seem to be no names of big-time American Capitalists and/or philanthropists on the lists, no Gates of Buffet, for one thing. Or, as asked on the website Slashdot, “Where are the US politicians and businessm[e]n?”.
 “Giant Leak of Offshore Financial Records Exposes Global Array of Crime and Corruption” ICIJ (03 April 2016). https://panamapapers.icij.org/20160403-panama-papers-global-overview.html.
 “Giant Leak of Offshore Financial Records Exposes Global Array of Crime and Corruption”.
 Clark Mindock and David Sirota, “Panama Papers: Obama, Clinton Pushed Trade Deal Amid Warnings It Would Make Money Laundering, Tax Evasion Worse” IBT (04 April 2016). http://www.ibtimes.com/panama-papers-obama-clinton-pushed-trade-deal-amid-warnings-it-would-make-money-2348076.
 Clark Mindock and David Sirota, “Panama Papers: Obama, Clinton Pushed Trade Deal”.
 “Panama Papers: Partial list of celebrities, government officials named in leak” Fox News Latino (04 April 2016). http://latino.foxnews.com/latino/news/2016/04/04/panama-papers-partial-list-celebrities-government-officials-named-in-leak/.
 “Panama Papers: Data Leak Exposes Massive Official Corruption” Slashdot (03 April 2016). https://politics.slashdot.org/story/16/04/03/2026258/panama-papers-data-leak-exposes-massive-official-corruption.