Written by : JAMES WRIGHT
In the House of Commons, 12 words from Labour MP Margaret Hodge just blew the Paradise Papers scandal wide open.
The Paradise Papers detail the offshore tax affairs of more than 120 politicians and leaders and over 100 corporations. The investigation came about after a leak of millions of documents from offshore law firm Appleby.
The 12 words
After securing an emergency debate on systemic global tax dodging, Hodge told parliament:
Every £1 invested in HMRC enforcement yields £97 in additional tax revenues.