Reporters have unveiled some 13.4 million secret documents detailing evidence of tax avoidance among high-ranking politicians and the super wealthy. Some in US President Donald Trump's cabinet have been implicated.
Some 400 reporters from 67 countries have scoured 13.4 million secret documents and uncovered tax-avoidance techniques used by the super rich and high-ranking politicians, German media reported on Sunday.
The leaked data was obtained by German newspaper Süddeutsche Zeitung, which said that the majority of the documents stem from offshore law firm Appleby, which was founded in Bermuda but has offices in several other locations. The company reported last month that it had been hacked.
In turn, Sibur's biggest shareholders include Putin-ally Leonid Mikhelson, who controls another energy company sanctioned by the US Treasury for its close ties to the Russian president.
Sibur's two other owners include Gennady Timchenko, who is also sanctioned by the US government for his ties to Putin, and Kirill Shamalov, who is married to Putin's youngest daughter.
In addition to Ross, Süddeutsche Zeitung reported that over a dozen Trump advisers, cabinet members and campaign donors appear in the leaked data.
German ex-chancellor implicated
Data from the Paradise Papers shows that former German Chancellor Gerhard Schröder had a management role at an offshore company.
In 2009, he was part of a so-called "independent supervisory board" of the Russian-British energy company TNK-BP, the documents show. The joint venture by Britain's BP and Russia's Alfa-Group was based, like many other oil joint-ventures, in the British Virgin Islands.
Schröder and two others on the board contacted Appleby "about certain procedural company affairs under the laws of the British Virgin Islands," according to an email from a London-based lawyer in October 2011. Appleby declined to offer their services due to a conflict of interest with another client.
The papers were initially leaked to the Süddeutsche Zeitung last year. The Panama Papers consist of some 11.5 million leaked documents implicating individuals stashing their wealth in offshore tax havens.
The documents revealed how Mossack Fonseca had created some 200,000 shell companies and listed the names of individuals, including politicians, celebrities and athletes, who had hidden their wealth in those companies.