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The biggest data leak in history has just landed loads of politicians in hot water

This is it - the story that will be making headlines for rest of 2016.

Eleven million documents have been leaked detailing the confidential offshore banking activity of politicians, millionaires and athletes, exposing elite tax havens and corrupt tax evasion in the largest data leak of all time.

Roughly 2.6 terabytes (a lot) of documents, known as the Panama Papers, originate from the small, clandestine Panamanian law firm Mossack Fonseca. The result of a collaborative effort by the International Consortium of Investigative Journalists, the leaked documents were obtained by German newspaper Süddeutsche Zeitung after a whistleblower at the firm had sold information to the authorities. They detail some 11 million individual records of high profile figures, dating back 40 years - including the activities of 72 current or former heads of state.

Some fairly significant names have already been linked although the actual implications of the Panama Papers won't be known for many weeks due to the masses of information released - it's going to take teams of investigators some time to work through it all to find out exactly who's been doing what and when. Much of the data details perfectly legal offshore accounts - but raises questions of where the cash has come from, whether it's been laundered and the amount of tax dodged in keeping it offshore.

These are just some of the figures landed in hot water by the papers.

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