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Zimbabweans not implicated in Panama Papers for now

by Staff reporter
05 Apr 2016 at 14:43hrs | Views

At least 17 African countries have prominent figures who have offshore accounts with a company which is fingered for fronting for "questionable" businesses, a report revealed on Monday.

According to the Panama Papers, the countries include Algeria, Angola, Botswana, Democratic Republic of Congo, Congo, Egypt, Ghana, Guinea, Ivory Coast, Kenya, Morocco, Nigeria, Rwanda, Senegal, South Africa, Sudan and Zambia.  

The Panama Papers are a tranche of millions of leaked financial documents detailing a trove of billions sheltered in tax havens, and pocketed by political power players around the world.

The documents were leaked from Panama-based law firm Mossack Fonseca and published by the International Consortium of Investigative Journalists.

They are an unprecedented investigation that reveals the offshore links of some of the world's most prominent figures.

Source - online