Chinese President Xi Jinping's family features in the explosive revelations made by the leak of confidential documents showing how world's most rich and prominent people hide their wealth.
Xi's brother-in-law Deng Jiagui and family members of at least eight current and former members of China's powerful Politburo Standing Committee have set up offshore companies through Mossack Fonseca, the Panama-based law firm that has offices in more than 35 countries.
The disclosures are part of the unprecedented leak of classified data, blowing the lid on how the murky world of shell companies operate, concealing their original identity. The 2.6 terabyte of data yielded up to 11.5 million documents from around 214,000 offshore entities. The probe was led by the International Consortium of Investigative Journalists (ICIJ) and German daily Sueddeutsche Zeitung.
Assets reportedly belonging to around 140 political figures from across the globe figured in the leaks. Other prominent figures include Russian President Vladimir Putin, king of Saudi Arabia, prime ministers of Iceland and Pakistan. Full story...
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Xi's brother-in-law Deng Jiagui and family members of at least eight current and former members of China's powerful Politburo Standing Committee have set up offshore companies through Mossack Fonseca, the Panama-based law firm that has offices in more than 35 countries.
The disclosures are part of the unprecedented leak of classified data, blowing the lid on how the murky world of shell companies operate, concealing their original identity. The 2.6 terabyte of data yielded up to 11.5 million documents from around 214,000 offshore entities. The probe was led by the International Consortium of Investigative Journalists (ICIJ) and German daily Sueddeutsche Zeitung.
Assets reportedly belonging to around 140 political figures from across the globe figured in the leaks. Other prominent figures include Russian President Vladimir Putin, king of Saudi Arabia, prime ministers of Iceland and Pakistan. Full story...
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