{ Mossack Fonseca drip reveals elite's taxes havens }
A huge drip of private documents has unveiled how the wealthy and powerful use taxes havens to cover their wealth.
Eleven million documents were leaked in one of the world's most secretive companies, Panamanian lawyer Mossack Fonseca.
They show how Mossack Fonseca has helped clients launder money, dodge sanctions and evade duty.
The business says they have handled beyond reproach for 40 years and hasn't been recharged with legal wrong-doing.
The documents show links to 72 current or past heads of status in the info, including dictators accused of looting their own countries.
Gerard Ryle, director of the ICIJ, said the documents protected the day-to-day business at Mossack Fonseca within the last 40 years.
"I believe the drip will end up being most likely the biggest blow the just offshore world has ever before taken due to amount of the documents," he said.
Eleven million documents were leaked in one of the world's most secretive companies, Panamanian lawyer Mossack Fonseca.
They show how Mossack Fonseca has helped clients launder money, dodge sanctions and evade duty.
The business says they have handled beyond reproach for 40 years and hasn't been recharged with legal wrong-doing.
The documents show links to 72 current or past heads of status in the info, including dictators accused of looting their own countries.
Gerard Ryle, director of the ICIJ, said the documents protected the day-to-day business at Mossack Fonseca within the last 40 years.
"I believe the drip will end up being most likely the biggest blow the just offshore world has ever before taken due to amount of the documents," he said.
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