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Panama Papers

The Panama Papers are a trove of 11.5 million documents leaked from law firm Mossack Fonseca in April 2016, revealing the secret financial dealings of the world's rich and powerful. Forty years of emails and financial records showed how politicians, tycoons and celebrities stashed their cash in anonymous offshore bank accounts in one of the biggest leaks of insider information in history.

A marquee on a building in Panama City, Panama, lists the Mossack Fonseca law firm which has been roiled by revelations about its role in hiding the assets of the rich and powerful. Photo: AP

Panama Papers law firm secretly used name of Red Cross to help hide money

The law firm at the centre of the Panama Papers offshore accounts scandal routinely usurped the name of the Red Cross and other charities to help obscure the origin of millions of dollars in questionable funds, two newspapers involved in the investigation reported Sunday.