Panama Paper: Biggest Leak In History On Corruption,11.5M Document Exposed 12 World Leaders

                         
Germany’s Süddeutsche Zeitung (SZ) has released the biggest leak in journalistic history, posting 11.5 million documents from a Panamanian law firm online and providing “rare insights into a world that can only exist in the shadows

The information in the leak covers the activities of the Mossack Fonseca Law firm over a period from the 1970s to spring 2016.

“The Panama Papers include approximately 11.5 million documents – more than the combined total of the Wikileaks Cablegate, Offshore Leaks, Lux Leaks, and Swiss Leaks,” SZ said.

The leak claims to expose the offshore holdings of 12 current and former world leaders and provides data on the financial activities of 128 other politicians and public officials from different countries.

The so-called Panama Papers, part of a leak of 11million files, implicate those in Russian president Vladimir Putin's inner circle, along with families and associates of Egypt's former president Hosni Mubarak, Libya's former leader Muammar Gaddafi and Syria's president Bashar al-Assad.
The company has allegedly helped clients launder money, dodge sanctions and evade tax. 

The leak directly expose 

A network of secret offshore deals and loans worth £1.4 billion that leads to Russian President Vladimir Putin;

Twelve national leaders, including Pakistan's prime minister, president of Ukraine and the prime minister of Iceland, are among 143 politicians revealed to have offshore accounts, including several dictators;

Six members of the House of Lords, three former Conservative MPs and dozens of donors to British political parties are among those said to have benefited from tax havens;

A member of Fifa’s ethics committee, which is supposed to be reforming the organisation, worked as a lawyer for people charged with bribery and corruption.