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Dozens of Korean names in leaked data on tax havens: ICIJ

All Headlines 05:10 April 24, 2013

WASHINGTON, April 23 (Yonhap) -- An international network of journalists said Tuesday "quite a number of Korean names" are included in leaked data from tax havens, especially the British Virgin Islands.

"There are several dozen Korean names," Gerard Ryle, director of the International Consortium of Investigative Journalists (ICIJ), told Yonhap News Agency.

But he added there are only South Koreans, nobody from the North.

"I can confirm there are South Koreans only in the data. Nobody from North Korea. We know this because of the addresses attached to the names," Ryle, an Australian reporter, said.

Earlier this month, the Washington-based ICIJ obtained some 2.5 million records detaining shell companies, offshore accounts and dubious financial deals. It contains the names of around 130,000 people who moved their money offshore apparently to evade taxes.

Ryle said his group is still working to analyze the data.

Korean people are looking to see whether the leaked records include the names of high-profile politicians, government officials or celebrities.

"We do not know who these people are or if they are of public interest," Ryle said.

He added the ICIJ is in the process of choosing a reporting partner for South Korea.



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