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May 3 9 tweets 7 min read
Today, ICIJ is releasing its final installment of #PandoraPapers data, adding information from seven offshore providers headquartered in Hong Kong, Belize, the British Virgin Islands, Panama, Switzerland and Dubai to the #OffshoreLeaks Database. #WPFD 🧵bit.ly/3kyqvwb
In total, the #OffshoreLeaks Database now boasts information on more than three-quarters of a million people and companies behind secret offshore structures with links to more than 200 countries and territories, spanning five different major leaks. bit.ly/3kyqvwb
ICIJ is publishing this information in the public interest and we’re thrilled to make this data freely available to all on #WorldPressFreedomDay, as the #OffshoreLeaks Database has become an essential tool in the global fight to dismantle offshore secrecy. bit.ly/3kyqvwb
It’s been a long journey since ICIJ launched the #OffshoreLeaks Database 9 years ago in a bold and technically complex undertaking to make it easy to explore data from leaked records that was verified, structured into standardized fields, and searchable. bit.ly/3kBd3aR
We go behind-the-scenes and talk to some of the people who first made the #OffshoreLeaks Database a reality, as well as the ICIJ team members who've taken on the challenge, legal risks and considerable costs of keeping the database alive today. #WPFD bit.ly/3kBd3aR ICIJ director Gerard Ryle unveils the Offshore Leaks DatabasData gurus Rigoberto Carvajal, Matthew Caruana Galizia, GianICIJ's Pandora Papers team behind the Offshore Leaks Databas
The #PandoraPapers’ 11.9 million records is the most complex offshore leak ICIJ has ever tackled.

Our team has spent years exploring and analyzing this data, extracting beneficial ownership and other information for public use. bit.ly/3uDaSrm
🇷🇺 Last month as part of #PandoraPapers Russia, ICIJ released company names and other data on more than 800 Russian nationals from the Seychelles-based offshore services provider Alpha Consulting Ltd., which serves mostly Russian clients. bit.ly/3F978mS
👉 Stay tuned for more resources on how to use the #OffshoreLeaks Database as a tool to track the hidden wealth of politicians, corrupt oligarchs, drug dealers and human traffickers, the diverted profits of brand name multinational corporations, and more. bit.ly/3bkNEOJ
💸 Making leaked information from the offshore world free and accessible to all is not cheap.

Please consider donating to ICIJ this #WorldPressFreedomDay to help us continue to expose corruption and hold the powerful to account. bit.ly/3rCDtMb

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More from @ICIJorg

Apr 11
NEW: #PandoraPapers Russia offers new data and reporting on how figures close to Vladimir Putin dodge sanctions, maneuver vast wealth, and scoop up luxury assets with the help of Western enablers, based on the largest-ever leak of offshore records. 🧵bit.ly/38IsLhO
To put the power of this info in the hands of the public, we're publishing data from Alpha Consulting Ltd, an offshore firm that serves mostly Russian clients and one of the 14 providers that make up the #PandoraPapers leak, in the #Offshore Leaks Database.bit.ly/3uqF4HT
First up in our new investigations, #PandoraPapers show how executives at 5 of Russia’s biggest financial institutions stashed their personal wealth offshore, in some cases shifting assets just before or soon after sanctions targeting Russian elites. bit.ly/38HD3Pf
Read 9 tweets
Apr 5
How did companies linked to foreign billionaires, like Russian oligarchs Oleg Deripaska & Igor Makarov, find a home in the US?

In our latest investigation with @washingtonpost, we take a look at a little-known player in the financial secrecy business. 🧵 bit.ly/3ubd230
US states like Wyoming, Delaware, and Nevada have become havens for hidden wealth largely through LLCs, business structures that offer owners privacy, legal benefits and tax breaks.

Representing every LLC is a registered agent. bit.ly/3ubd230
Registered agents provide perfunctory corporate services and often serve as the only point of contact for companies with anonymous owners.

Operating with no required training and little oversight, some agents have massive, globe-spanning client lists. bit.ly/3ubd230
Read 11 tweets
Apr 1
Today at #SEJ2022, ICIJ reporter @shirafu will talk about strategies to #followthemoney in environmental journalism with @manuelaandreoni, @sashachavkin and @schapiro at 11am.

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. #SEJ2022 bit.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

🎥 Watch here: bit.ly/3qVe69g
Read 6 tweets
Mar 29
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…
Read 8 tweets
Mar 23
Why haven’t sanctions against Russian oligarchs worked in the past? And what’s different now?

@nytimes’ The Daily podcast tackled the question, citing a case ICIJ is very familiar with: Putin’s judo buddy, Arkady Rotenberg. #PanamaPapers #ParadisePaper nyti.ms/3NpKgn0
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. #RussiaArchive bit.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
Read 11 tweets
Mar 14
🧵 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.

Read more in the #RussiaArchive: bit.ly/3CEVaQP
🔴 Gennady Timchenko

#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
Read 8 tweets

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