Paradise Papers: Offshore trove exposes Trump-Russia links and piggy banks of the wealthiest 1 percent

A trove of 13.4 million records exposes ties between Russia and US President Donald Trump’s billionaire commerce secretary, the secret dealings of the chief fundraiser for Canadian Prime Minister Justin Trudeau and the offshore interests of the queen of England and more than 120 politicians around the world.

The leaked documents show how deeply the offshore financial system is entangled with the overlapping worlds of political players, private wealth and corporate giants, including Apple, Nike, Uber and other global companies that avoid taxes through increasingly imaginative bookkeeping maneuvers.

One offshore web leads to Trump’s commerce secretary, private equity tycoon Wilbur Ross, who has a stake in a shipping company that has received more than $68 million in revenue since 2014 from a Russian energy company co-owned by the son-in-law of Russian President Vladimir Putin.

In all, the offshore ties of more than a dozen Trump advisers,

... read more at: https://www.pri.org/stories/2017-11-06/paradise-papers-offshore-trove-exposes-trump-russia-links-and-piggy-banks

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