Pandora Papers: Exposing Corruption and Shadow Economy
This week was very busy in the world of investigative journalism, the Pandora Papers data leak caused furore amongst the whole world, and the news outlets reported in a frenzy. The 12 million files that were leaked to the International Consortium of Investigative Journalists (ICIJ) reveals how the rich and famous are hiding their wealth in offshore accounts in tax haven paradises all around the world. They use clever accountants and various techniques to hide their identities, evade paying taxes to their own countries, and not report (sometimes criminally) acquired funds. WHO: The Pandora Papers target a broad spectrum of people including, politically exposed people, celebrities, criminals, CEOs and owners of some of the largest companies, and some of the wealthiest people in the world. The Pandora Papers has revealed information on over 27,000 companies, and about 29,000 beneficial owners. There was information from over 330 politicians and people working in the public ...