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The consequences of the Panama Papers

The consequences of the Panama Papers
By Euronews

Panama Papers leak has dominated the news headlines over the past week with new names and details emerging every day.

Last week when we looked at the sensational revelations from the biggest leak of files in history, we focused on the schemes and practices described in the Panama Papers. This time we look at the consequences.

The Panama Papers have taken their toll on tax havens and those using them.

The global offshore tax hunt is on and many politicians have had to make official statements, explaining why their names are mentioned or linked to the files.