Pandora papers: biggest leak of offshore data exposes financial secrets of rich & powerful

Millions of docs reveal offshore deals & assets of 100+ billionaires, 30 world leaders, 300 public officials

11.9m files leaked from 14 offshore service providers

theguardian.com/news/2021/oct/…
Pandora Papers: An offshore data tsunami
The Pandora Papers’s 11.9 million records arrived from 14 different offshore services firms in a jumble of files and formats – even ink-on-paper – presenting a massive data-management challenge

icij.org/investigations…
Where are the 336 politicians in the Pandora Papers from?

icij.org/investigations…
The #PandoraPapers are going to be invaluable to anyone researching money laundering and financial secrecy

In the Pandora Papers Russia, the U.K., Argentina, China and Brazil, are among the countries with the largest representation of beneficial owners

icij.org/investigations…
Billions Hidden Beyond Reach - Trove of secret files details opaque financial universe where global elite shield riches from taxes, probes and accountability via @washingtonpost

washingtonpost.com/business/inter…
The #PandoraPapers provide new evidence South Dakota rivals notoriously opaque jurisdictions in Europe & the Caribbean, tens of millions of dollars from outside US some tied to people/companies accused of human rights abuses are sheltered in Sioux Falls
washingtonpost.com/business/inter…
PANDORA PAPERS - The largest investigation in journalism history exposes a shadow financial system that benefits the world’s most rich and powerful, via @ICIJorg and partners worldwide

icij.org/investigations…
Not sure if it's heavy traffic or someone trying to crash the site, but several pages are down

icij.org/investigations…
My first hot take on #PandoraPapers is that @ICIJorg should consider naming their leaks the way hurricanes are named, with different letters of the alphabet

This alliteration - Pandora Papers, Panama Papers, Paradise Papers - seems likely to cause a little confusion 🤷‍♀️
Great charts here:
projects.icij.org/investigations…

Where are the beneficial owners from?

Highlights of owners of 27,000 companies in Pandora Papers

3,936 U.K.
3,694 Russia
1,892 China
1,448 Argentina
1407 Brazil
1,373 Ukraine
1,062 Italy
946 Taiwan
863 Venezuela
794 France
701 U.S.
For anyone unfamiliar with release like #PandoraPaper many articles from 600+ journalists will be published in coming weeks, months, yrs

Users can search offshoreleaks.icij.org on Panama Papers, Offshore Leaks, Bahamas Leaks, Paradise Papers - hopefully soon also Pandora Papers
Putin image-maker’s role in billion-dollar cinema deal hidden offshore -Leaked documents reveal Konstantin Ernst’s secret stake in massive, state-funded privatization deal.

icij.org/investigations…

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More from @WendySiegelman

1 Oct
This week in an unusual move the US sent Aleksei Burkov - a Russian national sentenced to 9 years in prison for operating 2 cybercrime forums and stealing $20+ million from US consumers through credit card fraud scheme - back to Russia

rferl.org/a/31481962.html
Why the Hell Did America Just Send This Master Cybercriminal Back to Russia? The U.S. spent years tracking down elite Russian cybercriminal Burkov and putting him in jail. The decision to let him return to Moscow raises thorny questions, by @shanvav

thedailybeast.com/why-the-hell-d…
Read 4 tweets
29 Sep
Former Canadian PM Stephen Harper involved in AWZ Ventures which finances Israeli surveillance, facial recognition and crowd detection companies. UAE subsidiary AWZ Horizons will be led by ex Canadian diplomat Katherine Verrier-Fréchette by @brigittebureau
cbc.ca/news/politics/…
On Twitter, Harper called the Emirates “a remarkable nation” and the Crown Prince Mohammed Bin Zayed (aka MBZ) a “friend and great leader"
cbc.ca/news/politics/…
Founding Managing Partner of AWZ Ventures is Yaron Ashkenazi and strategic advisors and partners include former CIA director James Woolsey and other former FBI, MI5, Mossad, intelligence names
awzventures.ca/awz-team-1.html
Read 7 tweets
29 Sep
Russia arrests top cybersecurity executive in treason case

Ilya Sachkov, 35, who founded Group IB, one of Russia's most prominent cyber security firms, was arrested on Tuesday

reuters.com/technology/mos…
Read 5 tweets
26 Sep
Update on Unity Aluminum in KY (formerly Braidy Industries) that did a deal w/Oleg Deripaska's Rusal & received $15 million from the state of KY

After missing many financing/production goals a KY senator is pushing for Unity to repay $15mil, HT D. Delany

courier-journal.com/story/news/pol…
In March there was a report that Deripaska’s Rusal had suspended investments in Unity Aluminum in Kentucky after investing $65 million of projected $200 million

This is a strange deal Unity Aluminum did in 2020 HT D. Delany

In 2018 then-Braidy Industries acquired Veloxint for $29 million and invested another $21mil in them

In 2020 Unity Aluminum sold Veloxint to hedge fund Clearbrook Global for approx $1 mil🤔

dailyindependent.com/news/buyer-con…
Read 4 tweets
23 Sep
Florida Businessman and CFO of Russian Natural Gas Company Mark Anthony Gyetvay Arrested on Tax Charges Related to $93 Million Hidden in Offshore Accounts, HT @braisincapital

Mark Anthony Gyetvay is CFO of Novatek per @annalecta

justice.gov/opa/pr/florida…
Re: Novatek - in 2018 Elliott Broidy reportedly made a pitch the help lift US sanctions against Novatek in exchange for $26 million

(note there's no known link between Broidy and Gyetvay who was arrested today)

Novatek is a significant player in Russia's Arctic Liquified Natural Gas/LNG business
Read 7 tweets
21 Sep
US Treasury has sanctioned virtual currency exchange SUEX OTC, S.R.O. incorporated in the Czech Republic with owners based in Russia - analysis of SUEX transactions showed over 40% of SUEX’s known transaction history was associated with illicit actors

home.treasury.gov/system/files/1…
OpenCorporates listing for SUEX OTC s.r.o. inc in the Czech Republic shows dirs/officers

TIBOR BOKOR
VASILII ZHABYKIN

And shareholders - # of shares

VASILII ZHABYKIN - 10,000
MAKSIM SUBBOTIN - 25,000
EGOR PETUKHOVSKY - 40,000
ILDAR ZAKIROV - 25,000

opencorporates.com/companies/cz/0…
I'm not sure if the listing of share ownership for some countries is new @opencorporates ?

I've started to notice the share info recently and it's incredibly helpful!

Read 4 tweets

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