The Panama Papers offshore tax scandal has been gripping news organisations from all over the world.
It centres on thousands of leaked documents from Panama-based company Mossac Fonseca that reveal that a network of wealthy celebrities, politicians and public figures have been using their services to evade taxes, launder money and commit other dodgy dealings.
According to BBC News 12 or more current heads of state are implicated in the leak, including the Prime Minister of Iceland Sigmundur David Gunnlaugson, and Vladimir Putin.
However, there’s a lot to unpack in cases like this, and Reddit user DanGliesack posted this brilliant explainer in the equally great Explain Like I’m Five subreddit.