The Panama Papers

One of the biggest leaks in journalistic history reveals the secretive offshore companies used to hide wealth, evade taxes and commit fraud by the world's dictators, business tycoons and criminals.

Panama Papers are documents obtained from a Panama-based offshore services provider called Mossack Fonseca. The documents were received by the German newspaper Süddeutsche Zeitung and shared by the International Consortium of Investigative Journalists (ICIJ) with the Organized Crime and Corruption Reporting Project (OCCRP).



Who's in the Panama Papers?

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Ilham Aliyev

President of Azerbaijan

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Lionel Messi

Argentinian professional footballer

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Petro Poroshenko

President of Ukraine

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Vladimir Putin

President of Russia


Top Stories

Russia: Banking on Influence

Russian President Vladimir Putin insists that while the Panama Papers stories published by OCCRP and its partner Novaya Gazeta are correct, they show no corruption or illegal activity on his part. Putin has called the stories a Western plot to destabilize his regime.

Russia: The Cellist and the Lawyer

Banking records obtained by OCCRP show that cellist Sergei Roldugin, Russian President Vladimir Putin's old friend, received money from an offshore company at about the same time it was being used to steal money from the Russian government in the notorious Sergei Magnitsky case.

Lithuanian ex-Football Head Exposed in Offshores

Liutauras Varanavičius, the former president of the Lithuanian Football Federation (LFF), owned a shell company allegedly involved in multi-million deals with businesses belonging to Vladimir Romanov, a banker now living in Russia who is wanted by Lithuanian law enforcement.

Moldova: The Offshore Connection of an ex-PM

When former Moldovan Prime Minister Ion Sturza first heard about the Panama Papers, he posted a warning on his Facebook page to his former colleagues.

The General: An Armenian Master of Offshores

Mihran Poghosyan holds two impressive titles: Major General of Justice, and Armenia’s Chief Compulsory Enforcement Officer. He could add a third to that: Master of Offshores.

The Art of Secrecy

Locked in the files of a Panama law firm are the answers to mysteries involving Van Goghs, Picassos, Rembrandts and other masterworks.

Murder by Poison Is Only One Clue To Offshore Dealings by Top Chinese

Eight current and former members of the Politburo Standing Committee, the country's top decision makers, have relatives with secret offshore companies.

Russia: How to Structure a Deal, Russian Style

Russian Federation President Vladimir Putin goes back a long way with his friend, Sergei Chemezov.

Slovenia: Steroid King Pumps Up with Offshores

Prosecutors in the US say Slovenian Mihael Karner is a major dealer in anabolic steroids, who since 2000 has pulled in more than US$ 50 million by illegal sales over the internet, using a global network of websites and intermediaries in the United Kingdom (UK) and Italy among other countries.

The Offshore Refinery

Israeli Benjamin Steinmetz, 60, is by any definition rich, with a fortune estimated by Forbes magazine at more than US$ 1 billion.

Spies and Shadowy Allies Lurk in Secret Thanks to Firm’s Bag of Tricks

Firm helps CIA operatives and other characters — real or fanciful — from the world of espionage set up offshore companies to obscure their dealings

Panama Papers World-wide

Odesa mayor hides construction business offshore

Judging from Odesa Mayor Hennady Trukhanov’s latest income declaration, he has no foreign business interests. Zero.

Ukraine’s president offshores revisited: Swiss trust and millions moved out of Ukraine

For six days in April, President Petro Poroshenko and his lawyers repeatedly said that none of the offshore companies Poroshenko set up in the British Virgin Islands (BVI), Cyprus and the Netherlands have bank accounts or conduct any financial activities.

The Source of the Panama Papers Speaks

Income inequality is one of the defining issues of our time. It affects all of us, the world over. The debate over its sudden acceleration has raged for years, with politicians, academics and activists alike helpless to stop its steady growth despite countless speeches, statistical analyses, a few meagre protests, and the occasional documentary.

A high-profile Russian partner of Ukraine’s top banker

The second-largest state-owned bank in Russia, VTB, is on very good terms with the Kremlin. It has been sanctioned by the US and European Union (EU) for Russia’s annexation of Crimea.

Serbia: Local Businessmen show in Leaked Data

Serbian businessmen are well represented in the records of Mossack Fonseca, a firm based in the offshore tax haven of Panama that helps clients worldwide avoid scrutiny and taxes.

Parade of the Blacklisted Marches Through Firm’s Client List — and Syria’s Civil War

Global law firm’s customers include suspected financiers of terrorism, nuclear weapons proliferators and gunrunners

Kazakhstan: President’s Grandson Hid Assets Offshore

As the Kazakh economy was reeling from falling oil prices, its currency lost more than half its value. Documents show that Nurali Aliyev, the president’s grandson and Dariga Nazarbayeva’s son, had no second thoughts or conscience when deciding where to keep his money.

Ukraine: The President’s Offshore Tax Plan

When Ukrainian President Petro Poroshenko ran for the top office in 2014, he promised voters he would sell Roshen, Ukraine’s largest candy business, so he could devote his full attention to running the country. Instead it appears that the candy magnate was more concerned about his own welfare than his country’s.

Giant Leak of Offshore Financial Records Exposes Global Array of Crime and Corruption

Firm helps CIA operatives and other characters — real or fanciful — from the world of espionage set up offshore companies to obscure their dealings

Offshore Company Spent 3 Years Chasing Ivanishvili's Passport

Bidzina Ivanishvili's wealth is not all hidden away in vaults. His 108,000 square foot glass house perches on a hill above the capital city of the country he returned to rule as prime minister after leaving for neighboring Russia as a young man and accumulating billions of dollars before moving back to Georgia in 2004.

Leak Ties Ethics Guru to Three Men Charged in FIFA Scandal

Secret documents show how deeply the world of soccer has become enmeshed in the world of offshore havens.

Kyiv Post owner Caught Up in Late 1990s Scandal

Mohammad Zahoor, a Ukraine-based British millionaire of Pakistani origin, was caught up in a far-reaching investigation in 1998 by Ukrainian investigators examining whether politicians Yulia Tymoshenko and Pavlo Lazarenko might have worked together to control the gas industry in Ukraine.

Azerbaijan

People of Azerbaijan Bail out Failed Aliyev Mining Empire

At the exact time Azerbaijani reporters were celebrating the release of their colleague, investigative reporter Khadija Ismayilova, from prison, the president of the country quietly ordered his government to buy his daughters' failed mining venture.

Azerbaijan First Family’s London Private Enclave

Leyla and Arzu Aliyeva, daughters of Azerbaijan President Ilham Aliyev, and their cousins Mirjalal and Mir Jamal Pashayev, own multimillion dollar properties in London.

How Family that Runs Azerbaijan Built an Empire of Hidden Wealth

Documents peel away three layers of secret ownership in a conglomerate and lead to gold mines and overseas real estate

Aliyevs Seek Five Gold Fields in Kyrgyzstan

The First Family of Azerbaijan has a majority stake in another gold mining consortium, the Seychelles-based Redgold Estates, according to leaked documents

Aliyevs’ Secret Mining Empire

The First Family of Azerbaijan has taken control of some of the country’s richest gold, copper and silver deposits through a network of offshore companies incorporated in the world’s most secretive jurisdictions, according to leaked Mossack Fonseca records.

Serbia

Serbia: See no evil

In May 2014, lawyers from Budapest, Hungary, needed to arrange a power of attorney for an offshore company related to Serbian businessman Igor Sabo.

Serbian Mayor's Friend Founds Offshores in Emirates

Serbian businessman Vladimir Delić, who was involved in the 2004 privatization of a railroad parts company along with Belgrade Mayor Siniša Mali and his father, has opened an offshore company in the United Arab Emirates (UAE).

Czech Republic

Panama Papers: The Czech Republic

Money laundering and tax evasion appear to be two reasons Czech citizens establish companies in offshore destinations.

Czech Republic: Financial Log-Rolling Via Offshore Companies

A collection of documents leaked from a secretive offshores services firm in Panama shines a light on how some Czech business operatives were clandestinely linked to others in some of the country’s more notorious financial scandals.

Czech Republic: The Million-Dollar Prosecutor

High profile bankruptcy and criminal lawyer Josef Monsport’s business activities go far beyond simply protecting the interests of his VIP clients. He holds shares in three offshore companies worth US$ 101 million on paper.

Russia

Wringing Profits from the Russian Railways

Aleksey Krapivin, the son of a close associate of Vladimir Yakunin, the former president of Russian Railways, runs a business empire built with state contracts that control several hundred million rubles in government funds spent on railroads in Russia.

The Secret Caretaker

Sergey Roldugin isn’t just one of Vladimir Putin's closest friends. He's connected with a group of companies that controlled a significant share of a secret business empire.

The Russian Offshore Patriots

Several high level officials of the Russian government have hidden offshore companies in Panama and the British Virgin Islands. Analysis done by Novaya Gazeta and the Organized Crime and Corruption Reporting Project suggests that these limitations have done little to deter the Russian offshore patriots.

Russia: A High Official goes Offshore

The man who was once the deputy director of the body responsible for seeing that daily life ran smoothly for Russian Federation President Vladimir Putin secretly owned an offshore company in Panama for five years.


What are the Panama Papers?

More stories at the ICIJ

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More stories at Süddeutsche Zeitung

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