The revelations of the so-called Panama Papers that are roiling the world’s political and financial elites this week include important facts about Team Clinton. This unprecedented trove of documents purloined from a shady Panama law firm that arranged tax havens, and perhaps money laundering, for the globe’s super-rich includes juicy insights into how Russia’s elite hides its ill-gotten wealth. (Excerpt) Read more at observer.com ...
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Three hundred and fifty ace reporters---an International Consortium of Investigative Journalists---are pouring over a massive dump of more than 11.5 million documents from the Panama-based Mossack Fonseca law firm; the first findings were revealed earlier this month.
The “Panama Papers” exposed thousands of offshore bank accounts of the politically high and mighty. Hillary quickly decried the “outrageous tax havens” for “the super-rich.”
But it turns out that Hillary and Bill have multiple connections with people named — including campaign staffers and major donors, McClatchy Newspapers revealed. Those named used the Panama-based law firm Mossack Fonseca to set up offshore entities. The firm has denied wrongdoing
<><> Gabrielle Fialkoff, Clinton’s finance director during her first campaign for the NY Senate (see mcclatchydc.com). Fialkoff is now senior adviser to NYC Mayor de Blasio and director of the city’s Office of Strategic Partnership.
<><>A $100 million donor to the Clinton Foundation and recipient of tax dollars from Hillary's State Dept--Frank Giustra--a billionaire Canadian mining magnate and longtime crony of Bill, is also mentioned.
<><>The Chagoury Group, an international developer based in West Africa pledged $1 billion in projects to the Clinton Global Initiative is mentioned.
<><> Chinese billionaire Ng Lap Seng, who was at the center of a Democratic fund-raising scandal during the Clinton administration.
<><> Marc Rich, the notorious international fugitive who got a midnight pardon by then-president Bill in 2001.
The Clintons themselves do not appear to be mentioned but their ties to multiple big-money names using offshore accounts raises critical questions.
(ED NOTE: When L/E investigated Jeffrey Epstein of Pedo Island fame, they found Bill CLinton and crony Doug Band listed w/ some 23 phone nos and emails. L/E associates multiple phones and emails w/ money laundering and tax evasion schemes.)
Panama Papers: Multiple Clinton connections / By Anita Kumar, Marisa Taylor and Kevin G. Hall, McClatchy Washington Bureau
Highlights
<><>Some Clinton foundation donors used the Panamanian law firm for offshores
<><>Offshore connections come from the more than 40 years Bill and Hillary Clinton have spent in public life
<><>Candidate Clinton criticized those exposed in the Panama Papers, some looking to hide their wealth
Offshore corporations have one main purpose - to create anonymity.
Recently leaked documents reveal that some of these shell companies, cloaked in secrecy, provide cover for dictators, politicians and tax evaders.