What a long week it’s been for David Cameron. And as with so many political crises, when this one began, it apparently had little to do with him at all.
While the super-rich have long been criticised for creatively minimising their tax burdens, the actual details of these arrangements have usually been hidden. But then the German newspaper Süddeutsche Zeitung obtained a huge glut of paperwork from Mossack Fonseca, an off-shore law firm based in Panama, and shared that data with an international group of investigative journalists.
It has been the journalistic equivalent of striking oil: a massive data haul revealing off-shore …read more
Source: The Conversation