ICIJ: Pandora Papers Reveal the Secret World of the Rich and Famous

 

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The International Consortium of Investigative Journalists is proud to bring you our latest investigation: The Pandora Papers. Based upon the most expansive leak of tax haven files in history, the investigation reveals the secret deals and hidden assets of more than 330 politicians and high-level public officials in more than 90 countries and territories, including 35 country leaders. The Pandora Papers lays bare the global entanglement of political power and secretive offshore finance. ICIJ obtained more than 11.9 million financial records, containing 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. ICIJ shared the files with 150 media partners, launching the broadest collaboration in journalism history. For nearly two years, ICIJ organized and led an investigation that grew to encompass more than 600 journalists in 117 countries and territories. Offshore havens and hidden riches of world leaders and billionaires exposed The secret documents expose offshore dealings of the King of Jordan, the presidents of Ukraine, Kenya and Ecuador, the prime minister of the Czech Republic and former British Prime Minister Tony Blair. The files also detail financial activities of Russian President Vladimir Putin’s “unofficial minister of propaganda” and more than 130 billionaires from Russia, the United States, Turkey and other nations. Ambassadors, mayors and ministers, presidential advisers, generals and a central bank governor appear in the files. The leaked records reveal that many of the power players who could help bring an end to the offshore system instead benefit from it – stashing assets in covert companies and trusts while their governments do little to slow a global stream of illicit money that enriches criminals and impoverishes nations. Explore the major findings and features: Read: Exposing a shadow economy that benefits the wealthy and well-connected at the expense of everyone else Read: PM Imran Khan promised ‘new Pakistan’ but members of his inner circle secretly moved millions offshore   Read: While foreign aid poured in, Jordan’s King funnelled $100m through secret companies to buy luxury homes Explore: The Power Players: The biggest political names uncovered in the data Explore: The Secrecy Brokers: The 14 offshore service providers at the heart of the Pandora Papers Watch: A 3-minute video summary of the investigation We'll have more stories coming out through the week, so stay tuned for more! Hamish Boland-Rudder ICIJ’s Online Editor Czech leader secretly bought lavish French Riviera estate using offshore companies As Kenyan president mounted comeback, his family’s fortune expanded offshore Leak reveals how Swiss wealth consultants shield global cast of suspects Putin image-maker’s role in billion-dollar cinema deal hidden offshore The massive Pandora Papers trove an offshore data tsunami When Latin America’s elite wanted to hide their wealth, they turned to this Panama firm READ MORE ON THE PANDORA PAPERS STAY CONNECTED WITH ICIJ