Panama Papers Revelations Have Only Just Begun, Investigative Editor Says
Panama Papers Revelations Have Only Just Begun, Investigative Editor Says
Melissa Chan @melissalchan
5:49 PM ET
This is the start, not the end"
More explosive revelations will be uncovered in the Panama Papers, including the offshore dealings of hundreds of Americans, according to a lead editor of the nonprofit news organization that helped break one of historys largest data leaks.
The release of 11.5 million confidential documents from the obscure Panama-based law firm Mossack Fonseca has caused a global firestorm, leading to the resignation of Icelands Prime Minister and the head of global corruption watchdog Transparency Internationals Chile branch on Tuesday.
But the fallout from the yearlong investigation is far from over, according to Michael Hudson, the senior editor at the International Consortium of Investigative Journalists (ICIJ), which published the documents. We see more coming out, Hudson, 54, told TIME on Tuesday. Weve done a lot of searches and a lot of work, and weve obviously found what we believe is important information, but were going to continue working on reporting. This is the start, not the end.
At least 200 Americans who are linked to offshore companies have been discovered in the records some of whom have been convicted of serious financial crimes, Hudson said. The New York-based editor, who has worked for the ICIJ for more than four years and joined the project six months after it began, said that information will trickle out as hundreds of journalists across the globe continue to pore over the papers. Were still looking, Hudson said. Were still digging.
More:
http://time.com/4282811/panama-papers-icij/
LBN:
http://www.democraticunderground.com/10141403685