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Mossack Fonseca leak reveals how the rich evade tax

  • A major leak of confidential documents from Mossack Fonseca, a Panamanian law firm and one of the world’s most secretive companies, have revealed how the rich and the powerful use tax havens to hide their money. As per media reports, eleven million documents were leaked from Mossack Fonseca, which show how it has helped its clients to evade tax, launder money and dodge sanctions. Around 72 current or former heads of state have links in the data.