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Germany paid $5.7 million to snap up Panama Papers

Wednesday, July 5, 2017

Germany has paid millions of euros for the so-called Panama Papers revealing offshore tax evasion, reports say.

The Federal Crime Office said it would put the multi-million-file inventory into electronic form to allow for detailed evaluation.

It did not confirm the sum, but government sources told German media 5 million euros (about $5.7 million) had been paid.

Some of the approximately 11.5 million documents from Panamanian law firm Mossack Fonseca were leaked initially to Germany's Süddeutsche

Zeitung and then to other news organisations in co-operation with the International Consortium of Investigative Journalists

Source: BBC