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3 Oct, 13 tweets, 9 min read
NEW: #PandoraPapers reveals the inner workings of a shadow economy that benefits the wealthy and well-connected at the expense of everyone else.

Brought to you by ICIJ and 600+ journalists, the largest collaboration in journalism history. 🧵 bit.ly/3uD1T9R
The #PandoraPapers contain 12M documents from 14 service providers.

Our investigation uncovers the financial secrets of 35 current and former world leaders, 330+ politicians and public officials, and a global list of fugitives, con artists and murderers. bit.ly/3a2KPk0
The #PandoraPapers unmask the covert owners of offshore companies, incognito bank accounts, private jets, yachts, mansions and famous artwork — providing more information than what’s usually available to law enforcement and cash-strapped governments. bit.ly/3a2KPk0 World map depicting where the beneficial owners revealed in
Of the more than 300 politicians and public officials unearthed in the #PandoraPapers, we profiled more than 50 of the biggest names – and their secret offshore holdings — in the Power Players interactive. 👇 icij.org/investigations…
The #PandoraPapers include some of the most powerful figures in the world, including:

🔴 Jordan’s King Abdullah II — who secretly purchased 14 luxury homes, worth more than $106M, in the U.S. and the U.K. through shell companies registered in tax havens. bit.ly/3B6hDol Photo illustration featuring Jordan’s King Abdullah II
🔴 Konstantin Ernst, Russian President Vladimir Putin’s “unofficial minister of propaganda”

He used offshore secrecy to obscure how he benefited from a deal to buy and develop public assets — then valued at nearly half a billion dollars — at a discount. bit.ly/3B7bY1f A photo illustration featuring Konstantin Ernst, Russian Pre
🔴 A cricket celebrity turned politician, Imran Khan promised Pakistan a corruption-free era after the #PanamaPapers.

Now prime minister, the #PandoraPapers show key members of his inner circle have secretly owned companies and trusts holding millions. icij.org/investigations…
🔴 Czech Republic PM Andrej Babis faces reelection this week. The #PandoraPapers reveal he moved $22M through offshore companies to buy a lavish estate while keeping his ownership secret. bit.ly/3l4gpEg

See our partners at @investigace_cz ask him about it 📹
🔴 Kenyan President Uhuru Kenyatta

The #PandoraPapers show that Kenyatta’s family has been secretly accumulating a personal fortune behind offshore corporate veils for years. bit.ly/2YfIrDN
The #PandoraPapers is the biggest dataset ICIJ has ever investigated, 2.94 terabytes of confidential information from 14 offshore service providers — enterprises that set up and manage shell companies and trusts in tax havens around the globe. bit.ly/3uA1d53
Meet the firms whose confidential records make up the basis of the #PandoraPapers: The Secrecy Brokers 👇
icij.org/investigations…
They include Alcogal, a go-to law firm of the Latin American elite has created at least 14,000 shell companies and trusts in tax havens, more than any other offshore provider in the leaked documents. icij.org/investigations…
The #PandoraPapers is not just our biggest investigation ever, it’s our biggest collaboration ever: 600+ journalists in 117 countries and territories!

You can follow our partners here 👇
twitter.com/i/lists/144462…

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More from @ICIJorg

4 Oct
It’s been just one day of #PandoraPapers revelations and we've seen swift reactions to our findings, especially with world leaders from the Czech Republic, Pakistan, Russia, Jordan and Kenya. bit.ly/3owbPkz

But many have been asking: Where's the U.S. in all this? 🇺🇸 🤔
NEW: #PandoraPapers say more about financial secrecy in the U.S. than any offshore leak has before — by exposing its role as a destination for international elites to stash their wealth with a level of protection beyond what's offered by other tax havens. bit.ly/2YsHW9X
In #PandoraPapers, ICIJ and the @washingtonpost together examined the most significant set of records ever made public from inside America’s growing trust industry, where different states compete to lure wealth by offering secrecy. bit.ly/3owbPk
Read 7 tweets
4 Oct
BREAKING: World leaders and the Kremlin react to the first day of #PandoraPapers revelations, as authorities in at least eight countries announce investigations into the financial activities of some of their most high-profile citizens. icij.org/investigations…
🇨🇿 Ahead of this week's election in the Czech Republic, Prime Minister Andrej Babis is asked about #PandoraPapers revelations in a TV debate, as authorities say they will investigate him and others named in the leaked files.

Our findings on Babis here: icij.org/investigations…
🇷🇺 Vladimir Putin’s spokesperson dismissed the #PandoraPapers as “unsubstantiated claims," saying no hidden wealth was found in the Russian president’s inner circle.

Several associates, including a woman he was allegedly involved with, appear in the files.bit.ly/2YfugyG
Read 6 tweets
4 May
Amazon’s latest corporate filings in Luxembourg revealed that the company collected record sales income of €44bn (£38bn) in Europe last year, but did not have to pay any corporation tax to the U.K., @guardian reports. theguardian.com/technology/202…
This year, countries are expected to negotiate a global minimum corporate tax scheme and digital tax reform at the OECD in order to get big tech companies and multinationals to “pay their fair share and do so in the right place.” icij.org/inside-icij/20…
ICIJ's #LuxLeaks investigation brought attention to Luxembourg's role as a corporate tax haven for multinational companies that cut deals around complex financial structures designed to create drastic tax reductions. icij.org/investigations…
Read 4 tweets
9 Apr
ICIJ is deeply concerned by reports from Moscow that investigative reporter Roman Anin has been taken in for questioning following a raid on his apartment by Russia's Federal Security Service (FSB).
Roman Anin, the editor in chief of @istories_media, has worked with ICIJ on several major investigations that have exposed global crime and corruption, including #PanamaPapers and #FinCENFiles.
ICIJ Director @RyleGerard says, “We are closely monitoring the arrest and treatment of our cherished member, and partner in investigative reporting, Roman Anin."
Read 4 tweets
3 Apr
Five years ago today, ICIJ and more than 100 media partners around the globe published the #PanamaPapers — a massive investigation on the rogue offshore finance industry that continues to change the world. bit.ly/3sRmi9p
Hundreds of tax probes and investigations were launched.

"I started working on the case basically from the minute you all broke the story," a former U.S. prosecutor who was part of the team that led America's legal response to the #PanamaPapers says. bit.ly/3fEaWSA
But after governments fell, new laws were written, criminals were prosecuted, and more than $1.36 billion in unpaid taxes, fines and penalties were recouped, the fight against offshore financial secrecy and chicanery emboldened by #PanamaPapers goes on. bit.ly/3dwcmf5
Read 5 tweets
8 Mar
👑🧵/ Last night's #Megxit interview, in which Prince Harry and Meghan Markle share details of life after being financially cut off from the monarchy, renews attention on the royal family's enormous wealth, private estates, and how those assets are shielded from public view.
2/ Last month, @guardian revealed that Queen Elizabeth successfully lobbied the government to change a draft law in the 1970s in order to conceal her “embarrassing” private wealth from the public as part of the 'Queen's consent' investigation. bit.ly/3cZkmXv
3/ In 2017, ICIJ's #ParadisePapers investigation revealed that Queen Elizabeth's private estate, the Duchy of Lancaster, indirectly invested in a rent-to-own loan company accused of predatory tactics via the Cayman Islands. bit.ly/2ODFIPG
Read 6 tweets

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