Pandora Papers
2021 financial document leak and scandal
The Pandora Papers are 11.9 million leaked documents (comprising 2.9 terabytes of data) that were published by Pulitzer Prize winner, International Consortium of Investigative Journalists (ICIJ), beginning on October 3, 2021. In total, 35 current and former national leaders appear in the leak, alongside 400 officials from nearly 100 countries. More than 100 billionaires, 29,000 offshore accounts, 30 current and former leaders, and 300 public officials were named in the first leaks in October 2021.[1] An estimated $32 trillion may be hidden from being taxed, according to reports.
Quotes
edit- The Blairs pay full tax on all their earnings. And have never used offshore schemes either to hide transactions or avoid tax.
- The Blairs spokeperson A look at world leaders named in the Pandora Papers (OCT. 4, 2021)
- [ South Dakota and Nevada are among the U.S. states that have] adopted financial secrecy laws that rival those of w:offshore jurisdictions
- International Consortium of Investigative Journalists (ICIJ) raccoring to "What the 'Pandora Papers' show about how the powerful hide money from public view" (October 3, 2021)
- The ability to hide money has a direct impact on your life... it affects your child's access to education, access to health, access to a home
- Lakshmi Kumar from US think-tank Global Financial Integrity "Pandora Papers: A simple guide to the Pandora Papers leak (October 3, 2021)
- We're able to see how this parallel universe really works in a way we've never been able to before
- We're talking about presidents, we're talking about prime ministers. We're talking about rock stars. We're talking about porn stars and people that have been convicted of crimes all over the world
- Gerard Ryle, ICIJ "The secret riches of a parallel universe" (October 3, 2021)
- [We would] crack down on the unfair schemes that give big corporations a leg up. It’s time to deal in hardworking Americans and ensure the super-wealthy pay their fair share
- The Biden administration said in a tweet "Pandora Papers: tax avoidance revelations prompt outraged denials" (October 4, 2021)