Speaking to Sam Delaney on talkRADIO, Luke Harding, a journalist for The Guardian who has been working on the case for over a year now, revealed the full story behind one of the most eye opening investigations in recent memory.
Approximately 11.5 million documents have been leaked by a Panamanian law firm, Mossack Fonseca, revealing how the rich and powerful have been using tax havens to hide their wealth.
The firm’s status at time of writing is that it has ‘operated beyond reproach for 40 years and has never been charged with criminal wrong-doing’.
On David Cameron's involvement in the story so far, Harding made clear: "The family [Camerons] business was formerly based in the Bahamas. The takeaway revelation is that Ian Cameron's [David Cameron's father] firm paid no UK tax whatsoever for thirty years.
"What Cameron has been saying about trying to clean up the offshore industry is surely right. The question is whether he's actually going to deliver."
Harding also shared his views as to what Russian President Vladimir Putin's role was in all of this. "The U.S says his fortune is managed through his friends. In a way their money is his money.
"You just have to look at a couple of people that were at school with him," he says. "They're all worth hundreds of millions. Either Putin was in a class with ten people who were Steve Jobs, or his friends have got extremely really rich."