The leak of 11.5 million documents from the files of Panama based Mossack Fonseca, the world's fourth-biggest offshore law firm, show how some of the world's most prominent people use tax havens to hide their wealth.
The records, which were obtained from an anonymous source by German newspaper "Süddeutsche Zeitung," cover a period of almost 40 years. "2.6 terabytes of data ... the largest data leak journalists have ever worked with," Süddeutsche claimed. Here you can find a compilation of DW reporting on the topic.
The European Parliament will send a team to Malta to probe how rule of law is applied, as well as corruption and money laundering, a senior MEP says. It's a response to the murder of journalist Daphne Caruana Galizia.
The picture of Malta painted by murdered journalist Daphne Caruana Galizia seems to be one of an island rife with corruption. Something akin to a Mafia state. But is it? Transparency International is a global coalition against corruption. Max Heywood is on it’s grand corruption and anti-money laundering team. He explains where Malta stand in an index of corruption and transparency?
Malta was shocked by a car bomb on Monday which killed local journalist Daphne Caruana Galizia. She was part of the Panama Papers investigation and had been writing in newspapers and on her blog about corruption, politics, organized crime and high finance for years. British journalist Paul Dallison worked for several years alongside Caruana Galizia and describes her as a person and a journalist.