Here’s some of Scilla’s investigative reporting on who profits from environmental abuses. 👇
In #PandoraPapers, @shirafu investigated the financial maneuvers of the founding family of Solvay at a time when the Belgian chemical giant was charged with poisoning a factory town’s groundwater and cleanup failures at their sites. #SEJ2022bit.ly/30RcrHV
To investigate the contamination claims against the company, @shirafu traveled to northern Italy and New Jersey to interview workers and families who live near Solvay factories and experienced health problems like cancer. #SEJ2022
It was one of a number of cases in the #PandoraPapers of executives at companies accused of major environmental violations in India, Russia, Indonesia and more stashing their wealth offshore — out of sight from tax collectors and law enforcement. #SEJ2022bit.ly/3HFbYJD
In #ParadisePapers, @shirafu dug into how the offshore world has served companies accused of deforestation, investigating how one of Asia’s largest paper companies, April, secretly shuffled billions as its environmental record soured. #SEJ2022bit.ly/372s2XU
👀 Got a cross-border environmental story, issue, or documents you think ICIJ’s global network of reporters should investigate?
Hours before @Ericsson general meeting today, here's a timeline of how the CEO and board landed in hot water.
Feb. 7: ICIJ & partners sent detailed questions to Ericsson about corruption in Iraq, including the company’s alleged dealings with ISIS from 2014-2016. #EricssonList
Feb. 8: Instead of answering ICIJ, Ericsson issued a statement about receiving the questions: "media will focus on the conduct of business in unstable regions where terrorist organizations and corruption are present and employees’ safety may be at risk.” ericsson.com/en/press-relea…
Feb. 15: ICIJ continued to send questions.
Ericsson released a second statement which referenced
"payments to intermediaries" and "alternate transport routes" used "when terrorist organizations, including ISIS, controlled some transport routes" ericsson.com/en/press-relea…
The Rotenbergs are among many Russian powerbrokers who ICIJ investigations have shown use the offshore system to hide their money and anonymously spend their billions around the world, effectively skirting the intended impact of sanctions. #RussiaArchivebit.ly/3L6PUID
For example, when Russia invaded Crimea in 2014 and Arkady Rotenberg — a billionaire oligarch and childhood friend of Vladimir Putin, was sanctioned — he and his brother transferred substantial assets to their sons, #FinCENFiles show. (HT @BuzzFeedNews!) bit.ly/36nrKeb
🧵 Russian oligarchs now being widely targeted with sanctions have featured prominently across several ICIJ investigations.
Here's some of the offshore dealings we’ve previously uncovered about political elites close to Vladimir Putin. #RussiaArchive👇 bit.ly/3oUP1dl
🔴 Alisher Usmanov
#ParadisePapers showed that a firm connected to the Uzbek-Russian billionaire provided a link between Russian state money and large early investments in Facebook.
#PandoraPapers reporting revealed a series of massive loans between anonymous offshore shell companies and a firm the oil magnate registered in Cyprus. bit.ly/3HanF9A
The U.K. becomes the first Western government to target Roman Abramovich, billionaire owner of British soccer club Chelsea FC, in a raft of new sanctions against Russian oligarchs (via @WSJ): on.wsj.com/3vWD5wi
ICIJ’s Latvian partner @rebaltica used #FinCENFiles to trace payments between Abramovich’s business empire and his former business partner Oleg Deripaska — also sanctioned by the U.K. today.
Much of his money flowed through Expobank in Latvia’s capital. bit.ly/3u5NuDp
In #FinCENFiles, ICIJ partners @BBCArabic and @haaretzcom identified Roman Abramovich as an anonymous donor who spent $100M bankrolling a controversial Israeli settler organization.
BBC also found the Russian oligarch had secret stakes in rival players. bbc.in/34uQLmG
1/ As Western governments target Russian oligarch assets hidden abroad, it’s worth remembering: money doesn’t just hide itself in offshore accounts and shell companies. It takes a village of enablers. 🧵bit.ly/3hviIxN
2/ Here are a few of the many lawyers, offshore agents & banks that have helped Russia’s elite move, hide and invest their money — identified by ICIJ over nearly a decade of reporting on offshore finance. bit.ly/3hviIxN
3/ London lawyer Alastair Tulloch. His firm set up companies for Russia’s former Deputy Finance Minister Andrey Vavilov; billionaire oligarch Alexander Mamut; and Vitaly Zhogin, a banker wanted in Russia for alleged fraud. bit.ly/3hviIxN
It’s been just a few days since ICIJ and 30 media partners published the #EricssonList investigation — exposing Ericsson’s ISIS dealings and a corruption spree in Iraq — but the telecom giant has seen a whirlwind of repercussions since. bit.ly/3vvuEri
U.S. prosecutors told Ericsson that it ‘breached’ its billion-dollar corruption settlement by failing to disclose misconduct in Iraq.
CEO Börje Ekholm said the #EricssonList was “hugely embarrassing” and defended the firm's steps to improve compliance. bit.ly/3szZ5uJ
The #EricssonList investigation has also had an immediate impact on the telecom giant’s share value.
Its stock price has fallen by more than a third since the company first disclosed it had received media inquiries about its Iraq operations last month. bit.ly/3Cf5Ipn