Does offshore banking encourage corruption?

The Panama Papers have exposed how the world's rich and powerful hide their wealth.



It is a system that, although sometimes perfectly legal, has facilitated tax evasion, government corruption and criminal activity.

A system that gives the RICH and powerful a level of anonymity not afforded to other people.

The so-called Panama Papers have exposed a shadowy financial system that allows WEALTHY people to stash their assets abroad.

Now there are calls for greater transparency.