Panama Papers: UK PM under pressure over father's offshore fund

British Prime Minister David Cameron said Tuesday he had no personal offshore funds as he faced growing pressure over the so-called Panama Papers, which raised questions about his family’s financial affairs. A massive leak of documents from Panamanian law firm Mossack Fonseca revealed how an investment fund co-founded by the premier’s late father, Ian Cameron, avoided paying taxes in Britain for 30 years by basing itself in the Bahamas. Faced with calls by the opposition Labour Party for an investigation into all those implicated in the leak, including his family, Cameron said his wealth consisted of his salary, some savings and a house.

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