we asked fsdea how quantum global was selected as the main investment manager.ement, they said: mr bastos also told us: mr bastos first applied to manage the money from jersey. but the authorities there thought he was too close to the president's son to be independent. we have also seen the internal report into this application, which also noted: mr bastos turned to another island to manage the fund's investments. where it once farmed sugar, mauritius now farms money. it's an offshore tax haven. and it's here that mr bastos left three of the $5 billion to invest in seven funds he created. using the services of the law firm appleby, based in this building in port louis, mr bastos set up quantum global investment management. appleby, as you may have seen in the news, suffered a huge data leak of highly sensitive information, revealed this week. the leak was obtained by the german newspaper suddeutsche zeitung, who shared it with the international consortium of investigative journalists. the bbc has been researching it, along with the guardian newspaper. for the la

the fsdea told us...es yellow fever, malaria and zika, it's not hard to see where the money could be spent. this hospital in cazenga is overwhelmed by patients. some have had to buy their own drugs and equipment from hawkers outside. these are the people the angolan sovereign wealth fund is supposed to be helping. david grossmanjoins me now. david, you've been working a couple of months on that piece from the paradise papers. but evidence that this isn't the only story of this kind. this angle the case. no, indeed. we focused a lot on these jurisdictions and the impact on the super—rich, when actually it may be that they have more impact on the super bowl, particularly in developing countries that maybe, like angola, resource rich but lack of expertise and capital to exploit those resources. in many cases, they invite in multinationals, and those companies find that multinationals are very good at shifting profit out of the company so they do not pay tax, and into offshore jurisdictions. i visited namibia