Interview: Why there aren’t any big Indian names in the Panama-Paradise Papers corruption leaks

India ranks 19th among 180 countries in terms of the number of names appearing in the Paradise Papers, a global media exposé of offshore tax evasions published last month. Seven hundred and fourteen Indian individuals and entities are named in documents leaked from two financial companies – Bermuda’s Appleby and Singapore’s Asiaciti. The Indian government has announced an investigation by a multi-agency group. It had taken a similar step after the publication of the Panama Papers, a set of 11.5 million files leaked from the database of the world’s fourth-largest offshore law firm Mossack Fonseca, 19 months ago. Though the leaks did not feature many big Indian names, globally they have changed the debate on hidden wealth, offshore money and taxation. The International Consortium of Investigative Journalists, which investigated the leaks in partnership with 96 news organisations worldwide, won the Pulitzer Prize

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