Panama Papers to be released on 9th May
Q. On what date will the Panama papers be made available to the public?- Published on 29 Apr 16a. May 9
b. May 10
c. April 30
d. April 29
ANSWER: May 9
The "Panama Papers" trove of leaked documents revealing the vast extent of global tax evasion will be made available to the public on May 9, the ICIJ confirmed.
- The searchable database will include information about more than 2,00,000 secret companies, trusts and foundations based in 21 tax havens "from Hong Kong to Nevada in the United States," according to the International Consortium of Investigative Journalists (ICIJ).
- About 11.5 million leaked documents of the Panamanian law firm Mossack Fonseca, reveal the large-scale use of offshore entities to conceal assets from tax authorities.