What were the biggest corporate scandals of 2016?
The year 2016 witnessed several corporate scandals including the Panama Papers leak, which revealed 1.15 crore documents disclosing how global elite hid their wealth from tax authorities. Banking major Wells Fargo announced it would pay $185 million to regulators for opening 2 million bogus accounts. The year also saw the global recall of Samsung's Galaxy Note 7 over exploding batteries.