Catching up on the #PandoraPapers? In the week since our 600+ journalism partners began publishing revelations from history's biggest offshore data leak, we’ve seen fallout all around the world.
Here’s a quick walk-through of key findings. #SundayRead 🧵
bit.ly/3DhIsGP
First of all, what do we mean by “offshore”?
The #PandoraPapers kick the door open on a secretive financial system that allows the wealthy and well-connected to set up covert companies across borders in tax havens, where the ownership of money and assets can be easily hidden.
🌴 In popular imagination, the offshore system is often seen as a far-flung cluster of palm-shaded islands.
The #PandoraPapers show that the offshore money machine operates in every corner of the planet, including the world’s largest democracies. bit.ly/3DhIsGP
What makes this different than previous ICIJ projects like the #PanamaPapers and #ParadisePapers?
#PandoraPapers is the most expansive leak of tax haven files ever, containing 2.94 TB of confidential information from 14 different offshore service firms. bit.ly/2YCSh33
What did we uncover in the #PandoraPapers? The secret financial activities of tycoons, billionaires, criminals, and celebrities, and perhaps most notably: hundreds of politicians — including 35 current and former world leaders.
Some of the top political figures featured in the #PandoraPapers include:
🇯🇴 King Abdullah II of Jordan:
bit.ly/3lgu5w1
🇰🇪 Kenyan President Uhuru Kenyatta:
bit.ly/3F9wIrD
🇷🇺 Members of Russian President Vladimir Putin’s inner circle: bit.ly/3BtwkBZ
#PandoraPapers also reveal the offshore activities of:
🇨🇿 Czech PM Andrej Babis, whose party lost re-election yesterday:
bit.ly/2YyZuBB
🇵🇰 Key associates of Pakistani PM Imran Khan:
bit.ly/3mI9ArA
🇱🇰 Sri Lankan ruling family members:
bit.ly/3uCz2m2
We profiled more than 50 of the biggest political names to appear in the #PandoraPapers, and what the files show they did offshore, in the Power Players interactive: bit.ly/3aF6Dml
🇺🇸#PandoraPapers also expose more on the U.S. as a tax haven that fuels the offshore economy than any leak before. More about —
🔴 The trust industry:
bit.ly/3B9TNYR
🔴 A key offshore destination for Americans:
bit.ly/3FgxoeU
🔴 Big law:
bit.ly/3FrEduf
This system's societal costs go beyond unpaid taxes, #PandoraPapers show. See how the offshore world is linked to
🔴 Contamination in factory towns:
bit.ly/3iPsjQT
🔴 Low-income U.S. renters:
bit.ly/2WHfgcq
🔴 Cambodia’s looted heritage:
bit.ly/3lrZvQ8
And that’s just an overview of what we’ve exposed in the first week of #PandoraPapers revelations.
Sign up to ICIJ’s weekly newsletter to get all the latest news and scoops related to the investigation delivered straight to your inbox. 📧 bit.ly/3Bts9Go
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