Offshore secrets of ultra-rich exposed in 'Paradise Papers'

From 19 tax havens

Multi-national businesses and high-net-worth individuals, including politicians and celebrities, are set for an uncomfortable week as another huge leak of confidential files relating to offshore financial affairs hits the news.

Second only in size to last year's so-called Panama Papers leak, what have been dubbed the 'Paradise Papers' - which come from two offshore service providers and the company registries of 19 of the world's tax havens - was again obtained by German newspaper Süddeutsche Zeitung. It has been shared by the International Consortium of Investigative Journalists, whose partners include the BBC and the Guardian. According to the Guardian: "The details come from a leak of 13.4m files that expose the global environments in which tax abuses can thrive - and the complex and seemingly artificial ...