Franklin, Andrews, Kramer & Edelstein

[scion]

Panama Papers Have Had Historic Global Effects — and the Impacts Keep Coming

The investigation has produced an almost daily drumbeat of regulatory moves, follow-up stories and calls by politicians and activists for more action to combat offshore financial secrecy

ICIJ By Will Fitzgibbon and Emilia Díaz-Struck Dec 1, 2016
https://goo.gl/jlTYCL

In this story

At least 150 inquiries, audits or investigations into Panama Papers revelations have been announced in 79 countries around the world

An estimated $135 billion was wiped off the value of nearly 400 companies after the Panama Papers

Governments are investigating more than 6,500 taxpayers and companies, and have recouped at least $110 million so far in unpaid taxes or asset seizures

Nine Mossack Fonseca offices have shuttered around the world, and the law firm has been fined close to half a million dollars
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