Panama Papers: German paper publishes ‘biggest leak in history’ on corruption
Germany’s Süddeutsche Zeitung (SZ) has released the biggest leak in journalistic history, posting 11.5 million documents from a Panamanian law firm online and providing “rare insights into a world that can only exist in the shadows.”
SZ said it received the law firm’s documents a year ago from an anonymous source who “wanted neither financial compensation nor anything else in return.”
The German paper obtained further documents in an investigation that followed, involving “400 journalists from more than 100 media organizations in over 80 countries.”
SZ said it decided to analyze the data in cooperation with the International Consortium of Investigative Journalists (ICIJ).
— Edward Snowden (@Snowden) April 3, 2016
The data in the so-called Panama Papers, “provides rare insights into a world that can only exist in the shadows. It proves how a global industry led by major banks, legal firms, and asset management companies secretly manages the estates of the world’s rich and famous: from politicians, FIFA officials, fraudsters and drug smugglers, to celebrities and professional athletes,” the German newspaper wrote.