This Week in Markets and Democracy: New Panama Papers, 1MDB Scandal Developments, Turkey Targets Press

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New Panama Papers Expose Africa’s Offshore Dealings

The International Consortium of Investigative Journalists (ICIJ) released a second round of Panama Papers. The documents reveal how private firms, business executives, and corrupt officials in fifty-two of Africa’s fifty-four nations hired Panamanian law firm Mossack Fonseca to set up shell companies—many to avoid taxes and hide bribes. Some 1,400 anonymous companies had links to ... read more at: