Panama Scandal Explained

Actor Amitabh Bachchan has spoken at length about his name featuring in the Panama papers and Bofors scandal, explaining that he has always cooperated with the "system" but wishes to be left alone at this stage of his life.

Offshore accounts conjure images of bad behaviour by the rich and shady, and for good reason: they have been used to dodge taxes, fund organized crime and facilitate corruption. But many people use offshore accounts for more than just hiding bribes and laundering money.

Actor Amitabh Bachchan has spoken at length about his name featuring in the Panama papers and Bofors scandal, explaining that he has always cooperated with the "system" but wishes to be left alone at this stage of his life.

Offshore accounts conjure images of bad behaviour by the rich and shady, and for good reason: they have been used to dodge taxes, fund organized crime and facilitate corruption. But many people use offshore accounts for more than just hiding bribes and laundering money.