Panamagate

Panamagate refers to the global scandal that emerged in April 2016, following the release of the Panama Papers. These documents revealed how wealthy individuals and public officials used offshore tax havens to conceal their wealth and avoid taxes. The investigation highlighted issues of corruption, tax evasion, and financial secrecy involving influential figures from various countries. Notably, it implicated leaders like Iceland's Prime Minister and prompted calls for greater transparency in financial systems worldwide. The revelations sparked protests and discussions about the ethics of wealth management and the need for reform in tax practices.