The Panama Papers financial scandal is going to Hollywood.
Streaming service Netflix said on Tuesday it had acquired the rights to a book written by two German investigative journalists and was turning it into a feature movie to be produced by John Wells.
It is the second proposed movie on the scandal that thrust tax havens and transparency into the spotlight after the details of hundreds of thousands of clients’ tax affairs were leaked from Panama-based law firm Mossack Fonseca in April by an anonymous whistleblower.
American director Steven Soderbergh is also producing a movie about the scandal based on a different book, the upcoming “Secrecy World” by US reporter Jake Bernstein, Hollywood industry publications reported earlier this month.
The Netflix film will be based on the account of German journalists Frederik Obermaier and Bastian Obermayer, the first to break the story.

Source: Arab News