Tax havens of the elite revealed in ‘Panama Papers’ leak

A huge leak of confidential documents has revealed how the rich and powerful use tax havens to hide their wealth.

Some 11m documents, known as the "Panama Papers’’ have been leaked from a Panamanian law firm, Mossack Fonseca.

Associates of Russian president Vladimir Putin are among those whose assets feature in the vast exposé published yesterday after a year-long investigation into 11m leaked documents.