Only five months after the release of the Panama papers, The Guardian on Wednesday published another set of investigative reports based on 1.3 million internal files leaked from the company register of the Bahamas. The data contains financial details about world leaders such as UK Home Secretary, Amber Rudd, who the data shows was the director of two companies based in Bermuda.
According to the data, Rudd was the director of Bahamian firms Advanced Asset Allocation Management and Advanced Asset Allocation Fund between 1998 and 2000. However, the documents do not suggest that she had tried to evade tax or engaged in any illegal activity, Bahamas is known for being one of the largest tax havens in the world.
The documents also reveal the financial dealings of German property developer Cem Kinay who is wanted by Interpol for bribery. He also allegedly made corrupt payments to Michael Misick, the former premier of the Turks and Caicos islands.
The documents were received by German newspaper Süddeutsche Zeitung, and the investigation was done by the International Consortium of Investigative Journalists based out of Washington, which comprises reporters and editors from across the world.