A leak to a German newspaper of the registries of 19 tax havens and two offshore service providers is being said to embroil hundreds of famous people and organizations in sensational financial dealings relating mostly to income taxes not paid. Among those named are Her Majesty (whose office says she had no idea) and Prime Minister Trudeau’s money raiser, Seagram’s heir Stephen Bronfman. As many as 3,000 Wealthy Canadian are named Among those in the records with some connection to offshore accounts are former Canadian prime ministers Brian Mulroney, Paul Martin and Jean Chretien. The leak is called the Paradise Papers by cunning journalists for the luxurious world of those caught up in the expose. Canada Revenue Agency is quoted as saying it will track down and prosecute any wrongdoing but as the CBC report below suggests, this may all be perfectly legal.
