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The leak вЂ“ thought to be the biggest ever вЂ“ contains more data than the amount stolen by former CIA contractor Edward Snowden in 2013, and could inflame the debate about offshore tax havens.ДЄmong the disclosures are that six members of the House of Lords and three former Conservative MPs had offshore accounts, although none were named last night.

The names were found in more than 11million documents from Panama-based law firm Mossack Fonseca going back 40 years illustrate how the wealthy are dodging sanctions and laundering money. Platini is serving a six-year ban from all football-related activity for an ethics breach after former FIFA president Sepp Blatter approved a $2 million payment to the Frenchman in 2011 for consultancy work done without a contract a decade earlier.

Michel Platini allegedly turned to Mossack Fonseca to help him administer an offshore company created in Panama in 2007.

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Premier League star Leonardo Ulloa, who was Leicester City's top scorer last year, was named in documents after an associate used the law firm in 2008 while he was playing in Argentina.ДЄrgentine full back Gabriel Heinze set up a British Virgin Islands (BVi) company in 2005 in the same year he signed a $1million boot contract with Puma while playing for Manchester United.ДЇormer Real Madrid and Chile star striker Ivan Zamorano, once voted in the greatest 100 players of all time, had a business in the BVI, where businesses pay no tax on profits. India's biggest Bollywood star Amitabh Bachchan - known as 'Big B' -В was a director of at least four offshore shipping companies.ДЄs names of clients continue to emerge, it has been revealed that many millionaire footballers have been funnelling cash to offshore havens with the help of Mossack Fonseca. вЂњBanks, multinational companies, and NGOs need more information than simply names on a sanctions list to be sure they arenвЂ™t dealing with an entire web of bad actors.India's biggest Bollywood star Amitabh Bachchan - known as 'Big B' - was a director of at least four offshore shipping companies, according to leaked documents вЂњThe leaked records out of Panama serve as a reminder that sanctioned actors are often supported by global networks and front companies,вЂќ Schmidt wrote in an email. In a statement, the law firm claims it вЂњnever knowingly allowed the use of our companies by individuals having any relationship with North Korea, Zimbabwe, Syria and other countries that have been listed as sanctioned.вЂќД«enjamin Schmidt, the managing director of the Camstoll Group, a sanctions and illicit-finance risk-advisory firm, said part of the problem with names on a sanctions list is they appear to exist in isolation. Mossack Fonseca was said to have represented Pangates months after it was blacklisted by the U.S. Pangates International, another company listed in the Panama Papers, stands accused and blacklisted by Washington of providing fuel for AssadвЂ™s air force to carry out strikes that have killed thousands of civilians in SyriaвЂ™s civil war. In the case of Makhlouf, the Panama Papers suggest MF вЂњcontinued to front six businesses-including one company called Drex TechnologiesвЂќ after he was sanctioned in 2008.

In some cases, Mossack Fonseca severed its relationship with the party following the enactment of U.S. Among the listed names, the BBC reports, are Kim Chol Sam, a North Korean official, and Daedong Credit Bank, a bank, both with links to North KoreaвЂ™s nuclear program and its arms sales.ДЄlso named is Rami Makhlouf, the billionaire cousin of Syrian President Bashar al-Assad, and John Bredenkamp, a businessman accused of being a crony of ZimbabweвЂ™s leader, Robert Mugabe. Treasury Department.ДЄccording to documents, Mossack Fonseca, the Panamanian law firm accused of creating tax havens for celebrities and world leaders alike, also apparently helped some of its clients skirt American blacklists. Lodged in the buzzy terabytes of the Panama Papers, which have brought down IcelandвЂ™s premier and inspired a media blackout in China, are the names of nearly three dozen individuals or companies that have been sanctioned by the U.S.

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