A number of high profile South Africans and local institutions have been flagged in Paradise Papers - the biggest tax leak since the Panama Papers.
Most of the 13.4-million documents that have emerged relate to Appleby, an elite law firm with offices in offshore jurisdictions across the globe, and its corporate services provider Estera, which operated together under the Appleby name until last year.
Rob Rose, Financial Mail editor tells Afternoon Drive host, Bongani Bingwa that these revelations suggest that the very elite and wealthy, such as the Queen of the United Kingdom have found ways of starving government of the money that they should be paying in those countries.
There will be reports on Nike, Apple and Uber. And in this country we have reports on people who have structured deals in a way that would minimise their taxes that may be legal or illegal.— Rob Rose, Financial Mail editor
Listen to the full clip in the audio below:
This article first appeared on 702 : Nike, Apple and Uber linked to Paradise Papers