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Many 'Panama Papers' Offshore Companies in British Territory

While British Prime Minister David Cameron has admitted that he profited from a Panama shell company, Britons are also discovering to their dismay that many of the offshore companies leaked by the so-called Panama Papers are in British territory. More than half of the offshore companies implicated in the leak from Panama-based law firm Mossack-Fonseca are registered in British overseas territories – 110,000 in the British Virgin Islands alone. In a poll carried out immediately before...

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