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| the_international_expose_of_the_pandora_papers [2025/03/05 12:13] – someguy | the_international_expose_of_the_pandora_papers [2025/03/15 17:23] (current) – external edit 127.0.0.1 | ||
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| ====== The Pandora Papers (2021) ====== | ====== The Pandora Papers (2021) ====== | ||
| <figure fig_label> | <figure fig_label> | ||
| - | {{ : | + | {{: |
| - | < | + | < |
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| - | === Background === | + | ==== Background |
| The Pandora Papers are 11.9 million leaked documents encompassing 2.9 terabytes of data that the International Consortium of Investigative Journalism(ICIJ) published beginning on 3 October 2021, resulting in a larger leak by the ICIJ than the Panama Papers in 2016 | The Pandora Papers are 11.9 million leaked documents encompassing 2.9 terabytes of data that the International Consortium of Investigative Journalism(ICIJ) published beginning on 3 October 2021, resulting in a larger leak by the ICIJ than the Panama Papers in 2016 | ||
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| The Pandora Papers contain records of 14 law firms, wealth management advisors and corporate formation agencies that serve as offshore service providers. According to the ICIJ, these offshore service providers help wealthy individuals in nations like the US, Russia, the U.K. and the UAE set up low profile companies with little to no tax jurisdictions. | The Pandora Papers contain records of 14 law firms, wealth management advisors and corporate formation agencies that serve as offshore service providers. According to the ICIJ, these offshore service providers help wealthy individuals in nations like the US, Russia, the U.K. and the UAE set up low profile companies with little to no tax jurisdictions. | ||
| - | === Connections and Disclosures === | + | ==== Connections and Disclosures |
| The leaked documents have implicated 35 current and former world leaders, alongside 400 public officials from nearly 100 countries and several billionaires, | The leaked documents have implicated 35 current and former world leaders, alongside 400 public officials from nearly 100 countries and several billionaires, | ||
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| According to the ICIJ, a notable purchase of a $22 million chateau in the French Riviera purchased through offshore companies by the Czech Republic’s populist prime minister, Andrej Babis a billionaire who has railed against the corruption of economic and political elites. Furthermore, | According to the ICIJ, a notable purchase of a $22 million chateau in the French Riviera purchased through offshore companies by the Czech Republic’s populist prime minister, Andrej Babis a billionaire who has railed against the corruption of economic and political elites. Furthermore, | ||
| - | === Effects of the leak === | + | ==== Effects of the leak ==== |
| Days after the leak, the controversy of the Pandora Papers resulted in Czech citizens voting Andrej Babis out of office. Babis' | Days after the leak, the controversy of the Pandora Papers resulted in Czech citizens voting Andrej Babis out of office. Babis' | ||
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| - | Sources: | + | ====Sources:==== |
| https:// | https:// | ||
