Bombshell international investigation opens ‘Pandora’ box of financial secrets
(Worthy News) – Hundreds of world leaders, powerful politicians, billionaires, celebrities, religious leaders, and drug dealers have been hiding their investments in mansions, exclusive beachfront property, yachts, and other assets for the past quarter-century, according to a review of nearly 12 million files obtained from 14 different firms located around the world.
The report released Sunday by the International Consortium of Investigative Journalists involved 600 journalists from 150 media outlets in 117 countries. It is being dubbed the “Pandora Papers” because the findings shed light on the previously hidden dealings of the elite and the corrupt, and how they have used offshore accounts to shield assets collectively worth trillions of dollars.
The more than 330 current and former politicians identified as beneficiaries of the secret accounts include Jordan’s King Abdullah II, former UK prime minister Tony Blair, Czech Republic Prime Minister Andrej Babis, Kenyan President Uhuru Kenyatta, Ecuador’s President Guillermo Lasso, and former associates of both Pakistani Prime Minister Imran Khan and Russian President Vladimir Putin. [ Source: Times of Israel (Read More…) ]
Pandora Papers: Biggest document leak yet reveals secrets of how powerful stash their cash
It appears to be the biggest leak of offshore data yet, revealing the secrets of how the rich, powerful and famous stash their cash and avoid paying tax.
We’ve seen similar investigations in the past, but they’ve all focused on material leaked from one corporation. The Panama Papers for instance, and they’ve been revealing enough.
But the so-called Pandora Papers comprise leaks from 14 different corporations involving 12 million documents that it has taken 600 journalists a year to sift through. [ Source: Sky News (Read More…) ]
Pandora Papers Exposes How World Leaders Use Offshore Tax Havens
A massive new leak of documents has exposed how dozens of former and present leaders in countries such as Azerbaijan, Kazakhstan, and Ukraine, plus hundreds of others are linked to companies that use offshore tax havens to hide their wealth.
That’s the finding of a new investigation carried out by the International Consortium of Investigative Journalists released on October 3.
The secret documents expose offshore dealings of the king of Jordan, the presidents of Ukraine, Azerbaijan, and Kazakhstan, the prime minister of the Czech Republic, and former British Prime Minister Tony Blair. [ Source: Radio Free Europe (Read More…) ]