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The government should consider imposing "direct rule" on British overseas territories and dependencies if they do not comply with UK tax law, Labour Party leader Jeremy Corbyn has said.
A huge data leak from Panama-based Mossack Fonseca showed the law firm registered more than 100,000 secret firms to the British Virgin Islands.
Dominic Grieve MP, the former Conservative Attorney General, told the programme that wealthy people will try and move their money around to maximise their assets.