Africa’s Billionaires Among Tax Dodgers in Panama Leak

NEW YORK (IDN | GIN) – Africa’s most talked-about and admired billionaires are among the dozens of world leaders named in the so-called Panama Papers – a huge trove of records listing tax dodgers and other misdeeds leaked to a media outlet in Germany, analyzed in cooperation with the International Consortium of Investigative Journalists (ICIJ) and published in papers around the world this month.

The massive leak of confidential documents from the Panama-based firm Mossack Fonseca has even pointed a finger at Africa’s richest man whose net worth is said to exceed $17 billion. Aliko Dangote, founder and chairman of Dangote Group, is listed together with his relatives in the continuing Panama papers leak.

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