By Melissa Chan
May 9, 2016

The nonprofit news organization that helped break the massive Panama Papers leak has launched an online database with information on hundreds of thousands of offshore companies named in the confidential documents.

The International Consortium of Investigative Journalists (ICIJ), which published the revealing documents last month, has made public the data found in its yearlong investigation. The database contains information on almost 320,000 offshore entities, which came from the release of 11.5 million confidential documents from the Panama-based law firm Mossack Fonseca.

The ICIJ said the data “covers nearly 40 years up to the end of 2015 and links to people and companies in more than 200 countries and territories.” It warned users with a disclaimer that there is no evidence individuals used the offshore companies for improper uses. Offshore accounts aren’t illegal but are often used as tax havens and for money laundering.

“There are legitimate uses for offshore companies and trusts,” the organization said. “We do not intend to suggest or imply that any persons, companies or other entities included in the ICIJ Offshore Leaks Database have broken the law or otherwise acted improperly.”

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