Summary of The Panama Papers Exposed a Huge Global Problem. What’s Next?
The Panama Papers have brought the issue of tax evasion through secret, offshore accounts to the forefront.
For many of the world’s wealthy, hiding money in shell companies and offshore accounts is business as usual. Robert Palmer of Global Witness believes this may be about to change. The Panama Papers, a leak of some 11 million documents from Mossack Fonseca, a Panama-based law firm, have triggered a deluge of investigations into these murky practices. getAbstract recommends Palmer’s talk to anyone enraged by corruption among the rich, including high-placed government figures, who have deliberately hidden wealth in breach of international regulations.
In this summary, you will learn
- What the Panama Papers revealed
- Why illicit offshore banking affects everyone
- How individuals can aid in efforts to end offshore tax evasion
Comment on this summary
8 months agoDeprived global masses really have no idea that who is responsible for their on going problem.
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