
© Duncan Mcnicol/Getty ImagesThe British Virgin Islands, the world's leading offshore haven used by an array of government officials and rich families to hide their wealth.
Exclusive: Offshore financial industry leak exposes identities of 1,000s of holders of anonymous wealth from around the worldMillions of internal records have leaked from Britain's offshore financial industry, exposing for the first time the identities of thousands of holders of anonymous wealth from around the world, from presidents to plutocrats, the daughter of a notorious dictator and a British millionaire accused of concealing assets from his ex-wife.
The leak of 2m emails and other documents, mainly from the offshore haven of the British Virgin Islands (BVI), has the potential to cause a seismic shock worldwide to the booming offshore trade, with a former chief economist at McKinsey estimating that wealthy individuals may have as much as $32tn (£21tn) stashed in overseas havens.
In France, Jean-Jacques Augier, President François Hollande's campaign co-treasurer and close friend, has been forced to publicly identify his Chinese business partner. It emerges as Hollande is mired in financial scandal because his former budget minister concealed a Swiss bank account for 20 years and repeatedly lied about it.
In Mongolia, the country's former finance minister and deputy speaker of its parliament says he may have to resign from politics as a result of this investigation.
But the two can now be named for the first time because of their use of companies in offshore havens, particularly in the British Virgin Islands, where owners' identities normally remain secret.
Comment: To put the above into context, see: Israel's formula for a starvation diet
Six and a half years go, shortly after Hamas won the Palestinian national elections and took charge of Gaza, a senior Israeli official described Israel's planned response. "The idea," he said, "is to put the Palestinians on a diet, but not to make them die of hunger."
Although Dov Weisglass was adviser to Ehud Olmert, the prime minister of the day, few observers treated his comment as more than hyperbole, a supposedly droll characterisation of the blockade Israel was about to impose on the tiny enclave.
Last week, however, the evidence finally emerged to prove that this did indeed become Israeli policy. After a three-year legal battle by an Israeli human rights group, Israel was forced to disclose its so-called "Red Lines" document. Drafted in early 2008, as the blockade was tightened still further, the defence ministry paper set forth proposals on how to treat Hamas-ruled Gaza.
Health officials provided calculations of the minimum number of calories needed by Gaza's 1.5 million inhabitants to avoid malnutrition. Those figures were then translated into truckloads of food Israel was supposed to allow in each day.