The piece profiles the effects that the Panama papers, revelations regarding the misuse of corporate secrecy, tax evasion and hidden wealth around the world have had on Africa. The impact of the revelation has been far reaching in Africa, which has bled severely for decades as its leaders and their collaborators loot public treasuries without let or hindrance. The Panama Papers series exposed a high number of African political and business leaders as having used Mossack Fonseca to launder money, avoid tax, conceal assets or carry out other shady deals. In my country, Nigeria, at least 120 individuals and companies were identified as having hired the Panamanian law firm to operate offshore shell companies in tax havens.
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