vladimir putin
Russian President Vladimir Putin is one of the many politicians exposed by the Panama Papers.
REUTERS/Alexander Demianchuk




How did this all start?

Süddeutsche Zeitung is published in Munich, Germany.
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Süddeutsche Zeitung partnered with the International Consortium of Investigative Journalists and over one hundred media partners to parse and report on the leaked data. Those media partners include the likes of the BBC and The Guardian.

What's part of the leak?

Süddeutsche Zeitung

The Panama Papers constitute more leaked data than the Wikileaks Cablegate, Offshore Leaks, Lux Leaks, and Swiss Leaks combined, according to Süddeutsche Zeitung. That makes this data leak the largest in recorded history with:

  • 2.6 terabytes of data from Mossack Fonseca's founding in 1977 to December 2015
  • 11.5 million documents, including email correspondence and legal contracts
  • 214,000 shell companies used by 12 country leaders, 128 public officials, and 29 Forbes-listed billionaires

What are the implications?

The wider implications of the Panama Papers have yet to be felt. What's been initially published focuses heavily on money traced back to Russian president Vladimir Putin and Iceland prime minister Sigmundur David Gunnlaugsson.

Media outlets with access to the Panama Papers will likely publish more of their findings in the coming days and weeks.

Where can I find out more?

Süddeutsche Zeitung's web hub for the Panama Papers is a good place to start. It features:

Fusion also has a larger look at how offshore companies work that's worth checking out.

There's also this video summary of the Panama Papers: