But the details of their use of shell companies had not previously been disclosed. More surprising, perhaps, is the use of shell companies by safari operators in several African countries — at least 30 offshore companies set up by Mossack Fonseca, the consortium found. Mr. Bedjaoui, called “Mr. United States officials are examining three New York properties bought by Mr. Bedjaoui, including a $28.5 million Fifth Avenue condominium, records show. In another case, the consortium found 131 companies set up by Mossack Fonseca for the Israeli mining magnate Benjamin Steinmetz and his holding company.

Source: International New York Times July 25, 2016 03:56 UTC