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In 2016, the Panama Papers stirred up a hornet’s nest. The investigation into those leaks were still on, when a series of new leaks hit the media on midnight of 5 November 2017 – dubbed the ‘Paradise Papers’. The 13.4 million leaked documents claim to ‘reveal’ the offshore holdings of famous personalities across the world in tax havens.
But, is it really illegal to have offshore accounts? Does having an offshore account amount to having black money? That needs to be answered through investigation but before that, can we afford to jump to any conclusions?
The Quint’s Editorial Director Sanjay Pugalia and Legal Correspondent Vakasha Sachdev wrangle with these crucial questions.
Producer: Chandan Kashyap
Video Editor: Purnendu Pritam
(At The Quint, we question everything. Play an active role in shaping our journalism by becoming a member today.)