Brazil politicians linked to offshore companies in Panama leaks: paper

Silvio Cascione and W Simon – Reuters, 04/04/2016

Politicians from seven parties in Brazil were named as clients of a Panama-based firm at the center of a massive data leak over possible tax evasion, O Estado de S.Paulo said on Monday.

The newspaper was one of more than 100 other news organizations around the globe to publish this weekend details of more than 11.5 million documents from the files of law firm Mossack Fonseca, based in the tax haven of Panama.

O Estado said names in the leaked files included politicians from Brazil’s largest party, the PMDB, which broke away from President Dilma Rousseff’s coalition last week. Political figures from the PSDB, the most prominent opposition party in the country, was also mentioned in the leaks, as well as others from the PDT, PP, PSB, PSD and the PTB parties.

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