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imagePanama Papers become the most talked about event in the earlier part of the year, when a data leak of more than 11.5 million files from Panama-based law firm Mossack Fonseca lead to massive political and social upheaval around the globe, and now Netflix is set to produce a feature film based on it.

The streaming giant Netflix has acquired the rights of the book "Panama Papers: Breaking the Story of How the World's Rich and Powerful Hide Their Money," by German journalists Frederik Obermaier and Bastian Obermayer, reported The Guardian.

As per economia, the film adaption to the book is to be produce by John Wells, a US producer, known for his works in television series "ER" and "West Wing." Whereas, the film will be based on the story of two German journalists, Frederik Obermaier and Bastian Obermayer, together with the International Consortium of Journalists, and how did they worked with an anonymous source known as John Doe, which led to the exposure of secret bank accounts and offshore tax havens belonging to some of the world’s most richest and influential people, that are used to hide their wealth.

“This is probably the most important political story of recent times, so I imagine there will be many different stories and angles to come from it. We think ours will be the definitive take,” said Ted Sarandos Netflix Chief Content Office.

Copyright Business Recorder, 2016

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