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It administers offshore firms for a yearly fee.
Unlike most offshore firms, Andela encourages its people to forge close relationships with their new colleagues.
A typical scheme funnels export revenues (usually illegally) to offshore firms.
Leibzon's father Avi became director of other offshore firms including Chess Line Ltd.
But Cameron stopped short of compelling British overseas territories from outing the real owners of offshore firms.
Aminov's brother Vadim also features in the Panama Papers in connection with a web of offshore firms.
Similar(25)
On the form, Banks says that the money entering his offshore firm comes from "business trade".
He failed to declare his offshore firm, perhaps hoping that its existence would stay hidden.
It is not, of course, illegal to set up an offshore firm.
A better system would be to identify publicly the real shareholders in an offshore firm.
His office said he owned no shares in the offshore firm and had not derived any income from it.
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