Hundreds of world leaders, powerful politicians, billionaires, celebrities, religious leaders and drug dealers have been hiding their investments in mansions, exclusive beachfront property, yachts and other assets for the past quarter-century, according to a review of nearly 12 million files obtained from 14 different firms located around the world. The report released Sunday by the International Consortium of Investigative Journalists involved 600 journalists from 150 media outlets in117 countries. It’s being dubbed the “Pandora Papers” because the findings shed light on the previously hidden dealings of the elite and the corrupt, and how they have used offshore accounts to shield assets collectively worth trillions of dollars. The more than 330 current and former politicians identified as beneficiaries of the secret accounts include Jordan’s King Abdullah II, former U.K. Prime Minister Tony Blair, Czech Republic Prime Minister Andrej Babis, Kenyan President Uhuru Kenyatta, Ecuador’s President Guillermo Lasso, and former associates of both Pakistani Prime Minister Imran Khan and Russian President Vladimir Putin.
The billionaires called out in the report include Turkish construction mogul Erman Ilicak and Robert T. Brockman, the former CEO of software maker Reynolds & Reynolds. Many of the accounts were designed to evade taxes and conceal assets for other shady reasons, according to the report. “The new data leak must be a wake-up call,” said Sven Giegold, a Green party lawmaker in the European Parliament. “Global tax evasion fuels global inequality. We need to expand and sharpen the countermeasures now.” The Pandora Papers are a follow to a similar project released in 2016 called the “Panama Papers” compiled by the same journalistic group. The latest bombshell is even more expansive, porting through nearly 3 terabytes of data — the equivalent of roughly 750,000 photos on a smartphone — leaked from 14 different service providers doing business in 38 different jurisdictions in the world. The records date back to the 1970s, but most of the files span from 1996 to 2020.
via ap: Leaked records open a “Pandora” box of financial secrets
siehe auch: Pandora Papers: Secret wealth and dealings of world leaders exposed. The secret wealth and dealings of world leaders, politicians and billionaires has been exposed in one of the biggest leaks of financial documents. Some 35 current and former leaders and more than 300 public officials are featured in the files from offshore companies, dubbed the Pandora Papers. They reveal the King of Jordan secretly amassed £70m of UK and US property. They also show how ex-UK PM Tony Blair and his wife saved £312,000 in stamp duty when they bought a London office. LIVE: Follow our coverage of the document leak. The couple bought an offshore firm that owned the building. The leak also links Russian President Vladimir Putin to secret assets in Monaco, and shows the Czech Prime Minister Andrej Babis – facing an election later this week – failed to declare an offshore investment company used to purchase two villas for £12m in the south of France. It is the latest in a string of leaks over the past seven years, following the FinCen Files, the Paradise Papers, the Panama Papers and LuxLeaks; Neues Steueroasen-Leak belastet Hunderte Politiker. Seit Jahren beteuern Politiker weltweit, Steueroasen bekämpfen zu wollen. Jetzt enthüllen die Pandora Papers heimliche Offshore-Geschäfte von mehr als 330 Politikern und Amtsträgern aus fast 100 Ländern – darunter 35 derzeitige und ehemalige Staats- und Regierungschefs. (…) Die Dokumente der Pandora Papers stammen nun aus sage und schreibe 14 Leaks, bei 14 verschiedenen Anbietern rund um die Welt, die ihren Kunden allesamt Heimlichkeit und Anonymität versprochen haben. Ihre Versprechen wurden gebrochen. (…) Dieses Leak – die Pandora Papers – mündete in ein weiteres internationales Recherche-Projekt, das wie schon die Panama Papers oder die Paradise Papers vom International Consortium for Investigative Journalists (ICIJ) in Washington koordiniert wurde. Mehr als 600 Journalistinnen und Journalisten haben in den vergangenen zwei Jahren das Leak durchpflügt, für 150 Medien weltweit, darunter die Washington Post, der Guardian, Le Monde oder die BBC. In Deutschland waren neben der SZ auch NDR und WDR an der Auswertung beteiligt. Dieser Recherche-Verbund wird in den kommenden Tagen über ein breites Spektrum von Betrügern, Prominenten und Spekulanten berichten, besonders intensiv aber über 330 Politiker und Amtsträger aus fast 100 Ländern, darunter allein 35 derzeitige oder ehemalige Staats- und Regierungschefs; Global banks defy U.S. crackdowns by serving oligarchs, criminals and terrorists. The FinCEN Files show trillions in tainted dollars flow freely through major banks, swamping a broken enforcement system. Secret U.S. government documents reveal that JPMorgan Chase, HSBC and other big banks have defied money laundering crackdowns by moving staggering sums of illicit cash for shadowy characters and criminal networks that have spread chaos and undermined democracy around the world. The records show that five global banks — JPMorgan, HSBC, Standard Chartered Bank, Deutsche Bank and Bank of New York Mellon — kept profiting from powerful and dangerous players even after U.S. authorities fined these financial institutions for earlier failures to stem flows of dirty money. U.S. agencies responsible for enforcing money laundering laws rarely prosecute megabanks that break the law, and the actions authorities do take barely ripple the flood of plundered money that washes through the international financial system. In some cases the banks kept moving illicit funds even after U.S. officials warned them they’d face criminal prosecutions if they didn’t stop doing business with mobsters, fraudsters or corrupt regimes. JPMorgan, the largest bank based in the United States, moved money for people and companies tied to the massive looting of public funds in Malaysia, Venezuela and Ukraine, the leaked documents reveal.
