Associates of President Vladimir Putin of Russia have channeled as much as $2 billion through offshore accounts, banks and shadow companies, according to a massive leak of documents from a Panamanian law firm.
More than 11 million documents, dubbed the Panama Papers, show how dozens of rich and powerful people around the world have used offshore and secret accounts to dodge taxes and sanctions and launder money.
The documents were leaked from the law firm Mossack Fonseca and connect to 140 politicians in more than 50 countries. Current and former leaders of Ukraine, Saudi Arabia, Argentina, Iceland, Georgia, Qatar and Iraq were among those named in the documents. Families and associates of Syrian President Bashar Assad, former Libyan dictator Moammar Gadhafi, and former Egyptian President Hosni Mubarak have also been implicated, the BBC reports.
Fusion has a breakdown of world leaders who are connected either themselves or through family or friends.
More than 370 journalists from 107 news organizations were involved in a yearlong investigation, which began when the German newspaper Süddeutsche Zeitung was leaked 2.6 terabytes of data. Süddeutsche Zeitung then worked in collaboration with theInternational Consortium of Investigative Journalists, which published the findings Sunday along with other media partners.
Read more at NPR.org.