A police car stands outside the Mossack Fonseca law firm while crime prosecutors raid the offices, in Panama City last month. Photo / AP
The database culled from the leaked files of Panamanian law firm Mossack Fonseca reveals how some tiny countries in the South Pacific have been favoured as places to set up offshore trusts.
According to the Panama Papers
database, there have been more than 13,000 offshore companies and trusts set up in Samoa, population 200,000, and nearly 10,000 in Niue, which has a population of just 1200.
Some of the trusts listed are no longer operational.
It appears Samoa has become a more favoured destination in recent years after Niue implemented changes to its tax arrangements about a decade ago.
There are also more than 500 entities listed under the jurisdiction of the Cook Islands, population 10,000. Compare that to more than 600 in Singapore, population 5.7 million.