Arrest warrant issued for man accused in Panama Papers after he fails to show up for court

An Alberta businessman who quietly teed up hundreds of millions of dollars in oilpatch deals is wanted on a Canada-wide warrant after he failed to appear in court on tax-evasion charges stemming from the Panama Papers. Calgary's Wentao Yang is the first person known to be charged in Canada in relation to the huge 2016 leak of tax-haven financial records.