Panama paper leak exposes how worlds’ wealthy avoid paying taxes

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A leak of financial documents from a Panamanian law firm has revealed a worldwide network of offshore “shell” companies which allow wealthy individuals to “hide” their assets from taxes and, in some cases, launder billions in cash, this is according to reports. Joining CNBC Africa to talk more about tax and how the loopholes that cultivate illicit activities can be closed is Blair Glencorse, Founder and Executive Director of the Accountability Lab.