A random check of the database for India displays about 22 offshore entities, 1,046 officers or individual links, 42 intermediaries and as many as 828 addresses within the country.
These range from the tony and posh locations of metropolitan cities like Delhi, Mumbai, Kolkata and Chennai to mofussil locations like that in Haryana's Sirsa, Bihar's Muzaffarpur, Madhya Pradesh's Mandsaur and state capital Bhopal and those in North Eastern states.
"The International Consortium of Investigative Journalists (ICIJ) publishes on Tuesday May 10,2016 a searchable database that strips away the secrecy of nearly 2,14,000 offshore entities created in 21 jurisdictions, from Nevada to Hong Kong and the British Virgin Islands.
"The data, part of the Panama Papers investigation, is the largest ever release of information about offshore companies and the people behind them.
This includes, when available, the names of the real owners of those opaque structures," the consortium said.
The global body that brought out in April 2016 the first edition of the 'Panama Papers', by way of secret offshore data sourced from a Panamanian law firm Mossack Fonseca, said the information about a particular country could have "duplicates" as it reiterated that "there are legitimate uses for offshore companies and trusts."
"We do not intend to suggest or imply that any persons, companies or other entities included in the ICIJ Offshore
Leaks Database have broken the law or otherwise acted improperly," the body said on its web portal as part of the disclaimer on the release of the offshore "leaks" database.
Note
The Panama Papers affair has
widened, with a huge database of documents relating to more than 200,000
offshore accounts posted online.
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