April 9 2016
There are more New Zealand connections to be revealed in the Panama Papers, says the Kiwi who has overseen the biggest document leak in history.
The treasure chest of 11 million documents was leaked from Panamanian law firm Mossack Fonseca.
Journalists around the world are now raking over the elaborate structures masterminded by lawyers in the loosely-regulated Central American state for 40 years.
He said ICIJ director Gerard Ryle considered New Zealand’s conditions favourable for tax-dodging activities. “New Zealand knows it has issues with the ease of setting up trusts and the way trusts are identified. New Zealand recognises there are issues there.”