Madagascar: Panama Papers Reveal Offshore Payments by Madagascar’s Seafood King


Photo: ICIJ

Offshore entities played a key role in a network of companies owned by a rich and powerful shrimp merchant in the African island nation of Madagascar, according to documents from the International Consortium of Investigative Journalists Panama Papers investigation.

ICIJ collaborated with non-profit environmental science and conservation news organization Mongabay to explore emails, contracts and company records that showed how magnate Aziz Ismail moved millions of

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