The last time the International Consortium of Investigative Journalists made a splash in the financial media was in April of last year year [22]when it disclosed a trove of secret documents revealing a massive treasury of offshore wealth parked away from taxation-happy host governments. The context was clear: in the aftermath of the Cyprus deposit confiscation, public opinion had to turn against those who were exploiting offshore tax loophole in order to avoid a panic that the same “bail in” could happen to the common man…

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