The investigation reveals the dark side of global financial system.
Transparency International also speaks out in favor of the openness of registers of beneficiaries of all companies.
Amid the publication of the so-called «Panama Papers» International Anti-Corruption Organization «Transparency International» urged the international community to adopt laws, banning offshore organizations.
The investigation, related to «Panama Papers», reveals the dark side of global financial system, in which banks, lawyers and professional financial experts allow corrupt officials to conceal their ill-gotten capitals in secret companies», - as it is said in organization’s application.
According to Transparency International, state leaders should gather together and ban the companies, which support a widespread corruption and help corrupt officials to freely use their ill-gotten profits.
The organization also urged countries, belonging to G-20, to guarantee the openness of property registers and apply sanctions to states, which do not do this.
Transparency International also speaks out in favor of the openness of registers of beneficiaries of all companies, as it will make concealment of funds in offshore firms more complicated.
