Panama Papers Expose Massive Global Corruption Scandal

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We’ve got a new bunch of leaked papers on some of the most prominent politicians and leaders worldwide. They are laundering money from out of their own countries into private bank accounts in offshore tax havens. Cenk Uygur, host of The Young Turks, breaks it down. Tell us what you think in the comment section below.

“The Panama Papers are an unprecedented leak of 11.5m files from the database of the world’s fourth biggest offshore law firm, Mossack Fonseca. The records were obtained from an anonymous source by the German newspaper Süddeutsche Zeitung, which shared them with the International Consortium of Investigative Journalists (ICIJ). The ICIJ then shared them with a large network of international partners, including the Guardian and the BBC.

What do they reveal?

The documents show the myriad ways in which the rich can exploit secretive offshore tax regimes. Twelve national leaders are among 143 politicians, their families and close associates from around the world known to have been using offshore tax havens.

A $2bn trail leads all the way to Vladimir Putin. The Russian president’s best friend – a cellist called Sergei Roldugin – is at the centre of a scheme in which money from Russian state banks is hidden offshore. Some of it ends up in a ski resort where in 2013 Putin’s daughter Katerina got married.”*

Read more here:


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omegapointil says:

This has been going on for decades just now that we have names, it still is buried in news hinterlands anyway.  Reagan and Trump were names I read of.  And with all the Trump news, this still isn't particularly making it to the surface, while everything else Trump lits on does.  Tiger is another one.  This kind of dishonesty is hands off since its as mainstream as your morning coffee.  I'm in the camp of "There is no Hope in this Landscape".  Even Bernie as POTUS couldn't fix this.

SiCk SiDer says:

I wonder if any politician warned the law makers about this outcome….. Hmm…. Let me think…………………..

andrew steinbrecher says:

this topic still isn't getting press …..makes you think don't it !

repukelican one says:

Zero coverage on this in corporate entertainment news media.

Lincoln Burton says:

This isn't about the files that have been leaked…. its about the ones that haven't!
Don't be fooled…

peter neagle says:

As much as i hate to say it. I almost think that the people get what they deserve.

The Panama Papers, should be one of the biggest stories in the world. It should be front page and first story on the news EVERYDAY, it should be continued to be talked about everyday, people should be asking more and more and more questions everyday.

But is this happening ? NO .

The world we live in care more about a selfie from Kim Kardashian or if the size of her arse has changed. And dont believe that this is just teenage girls, how much media time a week is given to Kim Kardashian and people famous for doing absolutely nothing versus the media time for The Panama Papers ?

The Panama Papers should be the straw that broke the camels back , the camel being everyday normal people.

Osvaldo Scolaro says:

honest and popular presidents like Cristina are attacked with insults and lies through the media while fraudsters as Macri are applauded

Osvaldo Scolaro says:

honest and popular presidents like Cristina are attacked with insults and lies through the media while fraudsters as Macri are applauded by the powerful

Osvaldo Scolaro says:

los presidentes honestos y populares como Cristina son atacados con injurias y mentiras a traves de los medios mientras los estafadores como Macri son aplaudidos por el imperio

Ulrich Scaar (2RTR - Somnus) says:

And the rich lived happily ever after as the peasantry (us), toiled in the muck, begging for their scraps…

megasexyhotbabe00 says:

none will be prosecuted or penalized in any way. only the poor and middle-class pay for their crimes.

Prabhakar Kaza says:

Mossack Fonseca is the fourth largest solicitor firm, forming the offshore companies. The other three are much bigger. The database is the list of politicians/celebrities/sportsmen who used Fonseca and not a comprehensive list of people who use the offshore companies. There are at least two million offshore companies in the world. BVI itself has 500,000 companies.

bluefuzz01 says:

Why is your only source The Guardian?

Nathaniel Saenz says:

Where are all the United States motherfuckers at? I live in California and I KNOW there has to be more than few hundred people at least in United States.

The Corporate says:

You cannot trust these news, completely bias. He gives his opinion on China Egypt and Russia…Hey Turk! What's you take on England and Ukraine? That's right you got nothing to say about them? GTFOH

EmXtraMoney says:

So, we just gonna pretend like the movie industry hasn't been avoiding taxes ON american soil? Aight, bet.

André Lefuneste says:

Mossad fonn e caca magleiin fro kligshafenn

walperstyle says:

Why is nobody in the media asking why people are hiding money away from Canada in the first place? Why is the media not asking how government can attract people around the world to hide money here? Get to the root problem.

sickasso72 says:

"fair share"….. goddammed cliché!

sickasso72 says:

too bad it will never expose the Rothschilds and rockefellars

sickasso72 says:

if so I guarantee Obama and Clinton r guilty of it

sickasso72 says:

I doubt it's politicians…. they're untouchable

thecardoski says:

Grab the pitchforks and light the torches…..

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