More guilt by association
The Herald reports:
Australian Prime Minister Malcolm Turnbull has been named in the Panama Papers as the fallout from the global scandal continues.
It has emerged that Turnbull was a former director of a company created and administrated by embattled law firm Mossack Fonseca in the 1990s.
However a spokesman for Turnbull told Fairfax the Prime Minister was not aware the company had been administered by Mossack Fonseca as the registered agent in Road Town, Tortola.
Turnbull was a former director of a British Virgin Islands company administered by Mossack Fonesca.
He joined the board of Star Mining NL with former New South Wales Premier Neville Wran in 1993, but both resigned two years later.
So 25 years ago he served as a director of a company that has been initially established by a law firm. And because of the guilt by association method of those releasing all these stolen documents, he has to defend himself.