Panama Papers Leak: World Leaders Caught Hiding Billions In Off Shore Banks

This week news broke about the largest data leak in history.
We all knew it but couldn't prove it until now.
And this is just getting started with more names to be released later this week.


These chumps have hidden billions in off shore accounts to avoid paying taxes or minimum taxes.
This is going to get very very interesting as it has done much harm to the world's economy.

This just fascinates me to see these crooks being exposed.
The dollar amount may reach as high as 32 TRILLION in these secret off shore accounts.


600 Israeli companies were listed to give the magnitude of this.
The Prime Minister of Iceland has resigned as he was named and refused to talk about it.
They have traced $2 billion back to Putin personally. (as his country suffers)
This ought to just boil Wroclaw Boy to no end as he was always steamed about the upper 1% controlling the wealth of the world.
More names of world leaders involved will be coming out this week as an enormous amount of data has been leaked.

I wonder if anyone from Poland will be named.
Again today in Texas the Panama Papers have made the front page.


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And,,,, liberal news media doesn't seems that interested ?

U.K.'s Cameron ensnared in Panama Papers scandal!

Those silly Brits!

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The point is no major western players have been named in these papers.
With it now being confirmed that western groups were behind the hack it's little wonder that the leaks have been put out to only target the western elite.

The only western people named are underlings to those in the top levels of power.
The top US person named so far is singer Tina Turner.
It's starting to look like just a propaganda ploy to me.
It is still going to redden a lot of faces before it is over however.

Not really. Not at all, even. His late father had an offshore trust (entirely sensibly) tho Cameron himself is not named.

The Polish media are picking through the vast reams of info to see if anyone here is named.

You are correct jon as that trust could have been/is perfectly legal even though it was set up to avoid paying taxes or minimum taxes on it.

All perfectly legal for the elite.
It just raises eye brows when Putin hid over two billion in off shore plus what he has showing.
How did he acquire such wealth one wonders without doing shady deals.
Kinda like Al Gore becoming a billionaire in such a short time.
How, he promoted the "climate change hoax" and got huge kickbacks by using his influence.

Perfectly legal for anyone who can afford it. Don't forget there's a difference between tax avoidance (legal) and tax evasion (illegal).

None of us want to pay more tax than we have to and the information about his late father does not reflect badly against Mr Cameron (who by the way I don't vote for).

Yes and No.
The Panama Papers show how Blairmore's directors wanted to continue to avoid paying UK taxes at a time when David Cameron was already the leader of the Conservative party.

David Cameron's father took detailed legal advice about the pros and cons of different tax havens before the fund (Blairmore Holdings Inc.) he had helped set up was transferred to Ireland.

Blairmore was moved in June 2012 to Ireland which is another tax haven with many of the advantages of offshore jurisdictions.
And the move to Ireland came in the same month as prime minister Cameron was railing against tax avoidance schemes describing them as morally unacceptable.

"Some of these schemes we have seen are quite frankly morally wrong," he said.
Do as I suggest not as I do.

Is that even offshore? Being a full member state of the EU and sharing a land border with the United Kingdom. And not being commonly considered as a tax haven.

Could a comment be any more ignorant?

Could a comment be any more ignorant?
Reply: Only to someone that it went totally over their head such as yourself.

Putin finally speaks on the Panama Papers.
According to AP, Putin denied having any links to offshore accounts and described the Panama Papers document leaks scandal as "part of a U.S.-led plot to weaken Russia." Putin described the allegations as part of the U.S.-led disinformation campaign waged against Russia in order to weaken its government. "They are trying to destabilize us from within in order to make us more compliant," he said.

I would have to agree with him since no elite Americans have yet to be named.

I honestly believe that the Cameron's are innocent of anything illegal.
British Prime Minister David Cameron has admitted to having a stake in his father's offshore trust fund after previously denying his involvement.
Speaking to the U.K.'s ITV News on Thursday, Cameron said he and his wife, Samantha Cameron, owned 5,000 units in Blairmore Investment Trust, the offshore trust fund established by his late father, Ian Cameron. Blairmore Investment Trust, a multimillion-pound offshore fund that never paid any taxes in Britain.

The more I read about this the fishier it gets.
I can't wait to find out who is behind this and their reasoning for leaking it.
No doubt Putin will find out.

Apparently there are at least three:

Tax havens: Three Poles on Panama Papers list

Source: thenews.pl/1/12/Artykul/247322,Tax-havens-Three-Poles-on-Panama-Papers-list

And it is interesting that the documents were never given to Wikileaks which is now complaining about the dearth of disclosure:

'If you censor 99% of documents, you are engaged in 1% journalism': WikiLeaks condemns reporters for refusing to release the vast majority of Panama Papers

Source: dailymail.co.uk/news/article-3528695/If-censor-99-documents-engaged-1-journalism-WikiLeaks-condemns-reporters-refusing-release-vast-majority-Panama-Papers.html

Protesters Demand David Cameron's Resignation !

Following the release of the Panama Papers, and UK PM David Cameron's admission that he had a stake in his father's offshore trust, earlier today the Prime Minister admitted that he "mishandled the fallout" from his links to the Panama offshore fund scandal, SkyNews reports.

The PM has been accused of "misleading the public" after admitting he made money from the sale of those shares, which he disposed of in 2010. Downing Street had initially said Mr Cameron's financial affairs were a "private matter", before backtracking.

This thing is going to cause a lot of red faces I am afraid as it involves Trillions of dollars.
World leaders avoiding paying taxes in their own country just ain't a right example to set.

Quite sensible. They've spent a lot of money investigating it, so it's only fair that they get to benefit from the publication first before everything is released openly.

Same here. For all his bad points, he isn't a crook. The problem is:



A minister doing something similar back in the 60s led to the fall of the whole government and right now with the EU referendum coming up, it isn't a good time for scandal.

It doesn't help that Cameron had previously strongly (and very personally) criticised public figures (mostly from the world of entertainment) for doing the same sort of thing - most politicians are hypocrites, it's when they're caught out that there are issues.

It's caused the Icelandic Prime Minister to resign and although the worst of the dictators/dodgy politicians in the world don't care much, in democracies it couyld be a problem.

Still so much data to sort through and we haven't heard the last of it all by far.

Very true and you can bet not all of it will be true as Putin found out yesterday.

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Looks now like it wasn't - and didn't avoid or save a penny in tax.

Question is where are these heads of countries getting BILLIONS of dollars to hide in the first place ?

Russian President Vladimir Putin doesn't seem real happy about the release of the Panama Papers.
Russian officials raid offices of billionaire whose newspaper published them.
News story:
Russia has a history of hitting back at tycoons who challenge the Kremlin. In Thursday's incident, security and tax inspectors raided Mikhail Prokhorov's offices at Onexim Group, which manages the 50-year-old businessman's assets.

Some of the inspectors wore ski masks.

Finally, a U.S. big name comes out.
Secretary of State John Kerry and his wife Teresa Heinz (Heinz Ketchup Corporation) have invested millions of U.S. dollars through family trusts in at least 11 offshore tax havens, according to The Daily Caller News Foundation's Investigative Group.

The revelation comes on the heels of the release of the Panama Papers,

ANOTHER executive order from Obama only this time it is a legal one.

Barack Obama is launching a crackdown on international tax evasion in response to recent disclosures in the Panama Papers revealing the scale of offshore financial activity.

In a series of initiatives announced by the White House on Thursday night, the president will take executive action to close loopholes used by foreigners in the US and call on Congress to pass legislation.

I can't wait for the names of these greedy creeps to become public and the amounts they have hidden off shore.
Makes me wonder if they all belong to the Agenda 21 Club.

I don't want to get you going Adrian but here is the latest one;


Emma Watson, the Harry Potter actress, liberal activist, has been named in the Panama Papers.
Her representatives replied, "Emma receives absolutely no tax or monetary advantages from this offshore company whatsoever, only privacy."
What privacy ! LOL

The question is: "Why do you think that leak of financial data angered the Kremlin so much ?"

A: It was seen as an attack on personal friends of Putin, his immediate circle. It's a line you cannot cross with Putin, and the Russian media learned that in a hard way. When a small Moscow publication reported in 2008 that Putin divorced and was going to marry a famous gymnast, the publication was immediately shut. When the RBC media holding published stories about Putin's daughter in 2015, the media holding's owner corporation was raided by police, and the media holding soon changed hands.

Worse, Putin believed the Panama Papers attack was sponsored by Hillary Clinton's people.
This in a way, provided him with a "justification" for a retaliatory operation.
IS this the reason the Russian Collusion of her election developed ?

The journalist who led the Panama Papers investigation into corruption in Malta was killed on Monday in a car bomb near her home.
Daphne Galizia died when her car was destroyed by a powerful explosive device which blew the car into several pieces.
Her most recent revelations pointed the finger at Malta's prime minister, Joseph Muscat, and two of his closest aides, connecting offshore companies linked to the three men with the sale of Maltese passports and payments from the government of Azerbaijan.

This is starting to get real messy.
A real estate deal from the early 1990s is the earliest instance of President Trump's name appearing in the Panama Papers.
The discovery involves the purchase and subsequent sale of a condo at the newly constructed Trump Palace on the Upper East Side.
The deal involved a mysterious Panamanian company called Process Consultants, Inc., which bought a 16th floor condo at the Trump skyscraper in 1991.
How embarrassing.