Foreign Policy Blogs

Tag Archives: embezzlement

Panama Papers Leak and the Growing use of Tax Havens

Panama Papers Leak and the Growing use of Tax Havens

Over 11 million leaked financial documents related to offshore tax havens has shed light on a large network of corruption and embezzlement that involves 12 current or former world leaders and some 130 politicians from around the globe.

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How serious the crime?

The return of former president Jean-Claude Duvalier was a shock to Haiti, both in terms of surprise as well as the frisson that it sent through much of the population. Associated by some with a time of stability, “Baby Doc” Duvalier was more commonly known for the brutal legacy he continued in his father’s footsteps. […]

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