NATIONAL NEWS - High profile South Africans and companies have been named in a massive tax leak which is being described as explosive and damning.
The huge new leak of financial documents has revealed how entities, including Standard Bank, Glencore and the Shanduka Group which had links to deputy president Cyril Ramaphosa, secretly invest vast amounts of money in offshore tax havens.
The leak, dubbed the Paradise Papers, contains 13.4 million documents, mostly from one leading firm in offshore finance.
As with last year’s Panama Papers leak, the documents were obtained by a German newspaper.
Tax leak: High profile SA firms and South Africans named
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Cyril Ramaphosa.
Posted on: 08:19 Mon, 06 November 2017
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