* Pandora Papers show Tony and Cherie Blair bought London office via offshore account
* Files were obtained by the International Consortium of Investigative Journalists
* King of Jordan secretly bought £70million worth of property in the US and UK
* Many transactions show no legal wrongdoing but expose how the UK has failed in its promise to bring in a register of offshore property owners
The secret offshore wealth of more than 300 world leaders, politicians and billionaires has been exposed in one of the biggest ever leaks of financial data. Dubbed the Pandora Papers, the documents show how 35 current and former world leaders - including associates of Vladimir Putin - used accounts in tax havens to accrue huge amounts of wealth and carry out transactions.
The files consist of 12 million documents from 14 financial services companies in countries including the British Virgin Islands, Panama, Belize, Cyprus, the United Arab Emirates, Singapore and Switzerland.
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WNU Editor: Here are the key findings .... Key revelations from the Pandora Papers (AFP). More here .... Key findings from the Pandora Papers investigation (Washington Post).
More News On The Pandora Papers
Live Reporting: Updates after data leak exposes secrets of the rich -- BBC
Leaked records open a “Pandora” box of financial secrets -- AP
‘Pandora Papers’ reveal hidden wealth of world leaders, celebrities, billionaires -- France 24
Pandora Papers: Secret wealth and dealings of world leaders exposed -- BBC
Pandora papers: biggest ever leak of offshore data exposes financial secrets of rich and powerful -- The Guardian
Pandora Papers: Secret tax havens of world leaders, celebrities revealed -- DW
Pandora Papers: Newly revealed docs expose tax havens for rich and famous -- NYPost
Czech, Cypriot leaders named in massive offshore data leak -- Politico
Germany issues international arrest warrant for founders of Panama Papers firm -- France 24
Pandora Papers: Biggest document leak yet reveals secrets of how powerful stash their cash -- SKY News
Pandora Papers Feature 3 Current, 11 Former Latin American Presidents, Report Says -- Sputnik
Shakira, Iglesias, Ancelotti: Athletes, Coaches & Stars' Names Surface in Bombshell Pandora Papers -- Sputnik
Pandora Papers: King of Jordan amassed £70m secret property empire -- BBC
Pandora Papers: Uhuru Kenyatta's family's secret assets exposed by leak -- BBC
Pandora Papers: A simple guide to the Pandora Papers leak -- BBC
1 comment:
London in particular has suffered from a shortage of housing for years. Meanwhile, Russian oligarchs and similar scumbags from other countries (including China, of course), as well as governments and government officials, have invested multiple millions in upper class neiborhoods as a form of asset protection, driving prices so far upwards that only the super rich can now afford living in these neighborhoods. Worse still, they contribute NOTHING to the neighborhoods themselves, since the houses are in many cases left EMPTY, waiting for prices to rise yet further so that they can sell and make profits. Apparently, the UK government doesn't give a shit, because this has been going on for decades. In other parts of Europe, the US, Canada, etc, the story is much the same. I'd say that, in general, Western governments don't care much at all about their citizenry (so long as they continue paying their taxes like good little useful idiots) and don't rock the boat too much. Will behavior like this change with the Pandora leaks? If you think so, bless your heart and go back to bed. Sleep tight.
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