“The data, part of the Panama Papers investigation, is the largest ever release of information about offshore companies and the people behind them. Photo: AFPNew Delhi: Some 2,000 individuals, entities and addresses with links to India figure in the latest edition of the so-called Panama Papers, which reveals information on offshore holdings in tax havens. The ICIJ brought out the first edition of the Panama Papers last month, by way of secret offshore data sourced from Panamanian law firm Mossack Fonseca. The Supreme Court also had on Monday sought response from the centre on a plea seeking a Central Bureau of Investigation inquiry against Indian offshore bank account holders named in the Panama Papers. Indian investigators had said they “will be looking into” fresh information that comes in this case, including the latest revelations.

Source: Mint May 10, 2016 07:17 UTC