Europe: Panama Papers: European parliament opens inquiry

Author(s): Juliette Garside | Date: September 27, 2016 | Language: English
Source: https://www.theguardian.com/ | URL: https://goo.gl/cUIQzD | Type: Text, Video

The role of UK tax havens in facilitating financial crime came under scrutiny as the European parliament opened its 10-month inquiry into the Panama Papers scandal.
At the inquiry’s first evidence session in Brussels, the 65-member panel heard from journalists at some of the media organisations that broke the story in April.
MEPs from a range of parties called for the inquiry to focus on the role of British overseas territories. Nearly half the 214,000 companies, trusts and foundations contained in the data leaked from the internal files of the offshore law firm Mossack Fonseca were registered in the British Virgin Islands.

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