'WikiLeaks of financial data' prompts worldwide hunt for tax evaders

“The 400 gigabytes of data is still being analysed but early results show the use of companies and trusts in a number of territories around the world including Singapore, the British Virgin Islands, the Cayman Islands and the Cook Islands,” HM Revenue & Customs said in a statement.

The ICIJ reckons the files show cash transfers, incorporation dates and links between companies and individuals that illustrate how "offshore financial secrecy has spread aggressively around the globe, allowing the wealthy and the well-connected to dodge taxes and fueling corruption and economic woes in rich and poor nations alike".