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Panama Papers and the risk of Brexit

Published Wed, Apr 13, 2016 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

London

THE "Panama Papers" affair may not just be embarrassing for David Cameron's premiership at a time of challenge over the European Union referendum. It could prove fatal. There are some fascinating parallels with the story of the Marconi affair in 1912 that rocked the Liberal government of Herbert Asquith, UK prime minister in 1908-16.

The UK prime minister has been hit by revelations that his deceased father Ian Cameron set up an offshore fund in the 1980s with the help of Mossack Fonseca, the Panama law firm that had 11.5 million documents leaked to the press.

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