Panama Papers Goes Public Tomorrow, May 9.

On Monday, May 9, people everywhere around the world will be able to see for themselves which politicians, celebrities and business executives allegedly kept secret Shell companies that were exposed in the Panama Papers.

A Google-like searchable database is expected to go live at 2 p.m. ET, detailing ties between 368,000 people and 300,000 offshore entities.

It’s being released by the International Consortium of Investigative Journalists.

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Panama Papers Going Public Soon.

A breaking news report says the task force made up of investigative journalists who are currently examining millions of Panama Papers documents will be releasing the information for the general public.

The searchable database of a total 11.5 million leaked files from Panama law firm, Mossack Fonseca will be surfacing online within a few days this May.

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HSBC May Lose Its Banking Licence in the US due to Panama Papers Scandal.

There’s fear that one of the biggest banking giants in the world HSBC may lose its US banking licence.

 

This will depend on the reaction from the Oval Office regarding the bank’s role in its overall banking activities on the Panama records. If the US government probes the bank and nails it for illegal activities over the Panama Papers tax leaks, then there’s a great chance that the HSBC will not be spared.
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