The Panama Papers: Secrets Of The Super Rich - Full Documentary

 

The Panama Papers: Secrets of the Super Rich

Top secret deals in Panama allows the rich to build vast banks of hidden wealth. Kings, criminals, presidents and prime ministers have been outed for dodging the rules and having assets stashed in tax havens abroad. 

 

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In the biggest ever leak of such information, 11.5 million documents
handed over to a German newspaper last year reveal in graphic detail how
shady Panama City law firm Mossack Fonseca set up more than 200,000
companies and trusts to form a vast network that hides the financial
affairs of politicians, oligarchs and criminals. "What we're looking at
here is really a parallel universe, where people can go to play and
avoid the rules in their own countries", says Gerard Ryle of the
International Centre Consortium of Investigative Journalists. "People
have realised that they are the people getting ripped off here", said
Australian Senator Sam Dastyari. In times of global austerity, the
unprecedented exposé about a secret world of money making where the
rules don't apply to the rich, is politically explosive. Though Mossack
Fonseca has never been charged with criminal wrongdoing, "people are
angry. People have had enough", says Dastyari, that the system allows
the rich to dodge the rules everyone else must live by. In the wake of
WikiLeaks, the Panama revelation has fueled beliefs that shining a
public spotlight on this illicit financial underworld is the only way to
achieve a fairer system.

 

 
ABC – Ref. 6724

 

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Link: https://youtu.be/BBmLMVHzrX4