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Panama Prosecutors Begin Criminal Investigation

Prosecutors in Panama have started a criminal investigation into allegations of tax dodging and money laundering.

Investments involving celebrities and world leaders have been revealed in a massive leak of financial documents.

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Meanwhile at home the Irish times is reporting that a major developer here used the Panama firm to shield assets from Nama. 

Christine Clough is Programme Manager with Global Financial Integrity in Washington.

She's welcomed the extent of the leaks and the embarrassment it's causing.

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