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  • Here’s a list of almost 2000 South Africans in the Panama Papers leak
    Posted by on May 13th, 2016

    The Panama Papers scandal has moved away from the headlines, but every now and then something new pops up that is relevant to South Africa. Yesterday there was news that a SA law firm is linked to more than 400 entities in the Panama Papers, but they are not the only local companies mentioned in the 11.5 million leaked documents from Panamanian law firm Mossack Fonseca. There are 120 SA entities and nearly 2000 names all of which can be searched for in the ICIJ database.

    The Panama Papers were significant in that they revealed how the world’s wealthiest individuals, including public officials are able to exploit secret offshore tax regimes…in certain cases for illegal purposes, including fraud, kleptocracy, tax evasion, and evading international sanctions.

    It worth noting that on the ICIJ website a disclaimer pops up saying “There are legitimate uses for offshore companies and trusts. We do not intend to suggest or imply that any persons, companies or other entities included in the ICIJ Offshore Leaks Database have broken the law or otherwise acted improperly”.

    You can go look at the list of 120 SA linked companies and 1984 names with links to offshore companies contained in the database. The links all come with a South African street address. Here’s the first few names listed

    panama papers soth africans

    HERE‘s the link to the rest.

    And click HERE for the list of SA linked entities.

    Now you know.

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