The Panama Papers exposed offshore dealings of world leaders, celebrities and industrialists through over 11 million leaked documents yesterday. As the expose made headlines worldwide, the likes of Amitabh Bachchan, Vladimir Putin, Jackie Chan and Lionel Messi were named.
India’s Finance Minister also promised to probe people from India named in the expose as a worldwide debate has been sparked off, while many are stil confused about what exactly the people mentioned in the files did.
But there’s no need to be puzzled anymore, thanks to this brilliant explainer by redditor DanGliesack.
So here goes:
In real life many very important people were just caught hiding their piggy banks at Johnny’s house in Panama. Today their moms all found out.
Pretty soon, we’ll know more about which of these important people were doing it for bad reasons and which were doing it for good reasons. But almost everyone is in trouble regardless.
Illustrations by Puneet Gaur