The International Consortium of Investigative Journalists has put out an extensive database of offshore entities set up in tax havens. Thousands of entities are exposed in what is being branded a war against "secrecy". Yet, one stumbles on several offshore companies where names of shareholders and directors continue to be a secret. "Details temporarily withheld," the database said in many cases. Some of these "withheld" names are Indian. Who are these people? Are they too powerful or is the data not very reliable?
Top Section
Explore Business Standard