Germany buys Panama Papers for $5.7m

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Published Jul 4, 2017

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Berlin - Germany has stepped up its campaign against organized

crime by spending 5 million euros (5.7 million dollars) to buy the

so-called Panama Papers, which contain a list of those exploiting

secret offshore tax havens.

Berlin officials confirmed on Tuesday that Germany's Federal Criminal

Police Office (BKA) had bought the papers, which were published last

year, as part of its bid to track down on possible German-based tax

fraudsters.

The Panama Papers, published by several media groups around the

world, named those who had used Panama-based law firm Mossack

Fonseca, a Central American tax haven.

The list of names included politicians, their families and close

associates from around the world.

In September 2016, Denmark agreed to pay an anonymous source for

information about hundreds of Danish nationals mentioned in the data

leak.

dpa

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