Africa’s IFF Dilemma in the Wake of the Panama Papers
- South Africa South African Broadcasting Corporation 2016
- 2p.
The article unpacks the Panama Papers saga ,the biggest financial reveal of the decade in which the world came to a standstill after news of the biggest data leak which exposed off shore accounts in an 11 million paged document fingering the world’s most elite politicians, businessmen, lawyers, sportsmen and criminals. In the center of the reveal is the facilitator of the off-shore accounts, Panamanian law firm, Mossack Fonseca, known in the world of international finance as a facilitator of those who want to create off-the-books shell companies to launder money, dodge sanctions, create shell-companies and hide cash from tax authorities
