Panama Papers: Hiding Cash Has Become Crummy Business

Law firm Mossack Fonseca had seen its lines of work dry up before the release of the documents

By Ken Brown
The Wall Street Journal

Two months before the release of the Panama Papers, the attorney general of once-secretive Switzerland publicly proclaimed that $4 billion may have been misappropriated from state-owned companies in Malaysia.

The statement set off a bomb under the long-running scandal of a Malaysian government investment fund, known as 1MDB. It also showed how much has changed in the murky world of secret offshore bank accounts and corporations.

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