Files reveal the offshore holdings of 140 politicians and public officials around the world (including) the prime ministers of Iceland and Pakistan, the president of Ukraine, and the king of Saudi Arabia. (Also) more than 214,000 offshore entities . . . connected to people in more than 20 countries and territories” Especially significant is the revelation of the role of major banks as a driving force behind the creation of the hard-to-trace companies operating in these tax havens. (ICIJ 2016).Thomas Piketty in introducing Gabriel Zucman‟s The Hidden Wealth of Nations (2015) wrote “Tax havens with their financial opacity are one of the key driving forces behind rising wealth inequality, as well as a major threat to our democratic societies.