Tuesday, April 5, 2016

The Panama Papers leak, explained with an adorable comic about piggy banks

It's easy to get confused by all the headlines about the Panama Papers, a massive 2.6-terabyte leak of documents that reveals a global web of corruption and tax avoidance. 

Here piggy banks help explain the main (and complicated-sounding) thing that was happening in Panama: foreigners setting up Panamanian shell companies to hold financial assets that obscure the identities of their real owners. We thought this analogy was quite fitting for a comic, so these illustrations explain the key issue at the heart of the Panama Papers scandal.

Below Video shows illustration of whole scam :



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