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WATCH: Video highlights the victims of offshore finance after Panama Papers leak

One of the biggest data leaks ever, known as the Panama Papers, implicates a number of world lead...
Newstalk
Newstalk

02.09 4 Apr 2016


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WATCH: Video highlights the vi...

WATCH: Video highlights the victims of offshore finance after Panama Papers leak

Newstalk
Newstalk

02.09 4 Apr 2016


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One of the biggest data leaks ever, known as the Panama Papers, implicates a number of world leaders and public officials in offshore financial dealings. 

The result was a year investigation into the 2.6 terabytes of data, or 11.5 million files received from an anonymous source inside Panama-based law firm Mossack Fonseca by German paper Süddeutsche Zeitung and the International Consortium of Investigative Journalist

Implicated in the documents are 12 national leaders, 143 politicians (along with their families and close associates) leading figures in the sports world and celebrities, but as this short video explains, many of the victims of these financial dealings go unseen and unheard. 

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The reaction to the story online has also been huge, with Edward Snowden calling it the biggest leak in the history of data journalism, adding that "courage is contagious". 

Iceland's prime minister, Sigmundur Davíð Gunnlaugsson, one of those named in the Panama Papers, was asked about his dealings with a company named Witris in an interview with Swedish television company SVT on Sunday, but walked out, stating that the question were "totally inappropriate". 

Gunnlaugsson now faces growing calls for his resignation from former primer minister Jóhanna Sigurðardóttir, opposition leaders and an online petition.


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