Pandora Papers expose offshore systems exploited by the rich and famous

Vladimir Putin is just one world leader whose financial ties have been revealed in the Pandora Papers.

If nothing was done 5 years ago what makes one think something will be done now. The scandal lasted the blink of an eye on the front pages of the Mainstream news back then it didn’t make the front pages this time and its bigger now.

The trove, dubbed the Pandora Papers, exceeds the dimensions of the leak that was at the centre of the Panama Papers investigation five years ago. That data was drawn from a single law firm, but the new material encompasses records from 14 separate financial-services entities operating in countries and territories including Switzerland, Singapore, Cyprus, Belize and the British Virgin Islands. The files detail more than 29,000 offshore accounts, more than double the number identified in the Panama Papers. Among the account owners are more than 130 people listed as billionaires by Forbes magazine and more than 330 public officials in more than 90 countries and territories, twice the number found in the Panama documents.

Source: Pandora Papers expose offshore systems exploited by the rich and famous

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