Incorrect.  It&#x27;s both.  From the ICIJ&#x27;s release:<p><i>The data, part of the Panama Papers investigation, is the largest ever release of information about offshore companies and the people behind them. This includes, when available, the names of the real owners of those opaque structures.</i><p><i>The database also displays information about more than 100,000 additional offshore entities ICIJ had already disclosed in its 2013 Offshore Leaks investigation.</i><p><a href="https:&#x2F;&#x2F;panamapapers.icij.org&#x2F;blog&#x2F;20160509-offshore-database-release.html" rel="nofollow">https:&#x2F;&#x2F;panamapapers.icij.org&#x2F;blog&#x2F;20160509-offshore-databas...</a>