Leaked records open a 'Pandora' box of financial secrets

[Yo_Mama_Been_Loggin]

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 firms located around the world.

The report released Sunday by the International Consortium of Investigative Journalists involved 600 journalists from 150 media outlets in 117 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 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.

https://apnews.com/article/entertainment-business-religion-media-jordan-67b2674fc44fa543df49dfc8f52e29cd

[OLDMDDEM]

1. Thank you

I would like to know information on who in the United States does this sort of income/asset hiding.

[abqtommy]

2. In 2016 we had the release of The Panama Papers. Will we see the same

lack of action with this Pandora business? Could be, could be.

[peppertree]

3. They forgot to mention neocon favorite Sebastian Pinera (Chile)

His being all over these Pandora leaks is not surprising, considering his history (starting with the Bank of Talca collapse - Chile's 2nd largest up to that point).

Piñera during the Pinochet regime - when connections allowed him to avoid prosecution for the Bank of Talca collapse.

He later parlayed the gains into LAN Chile - and offshore accounts.

[slightlv]

4. I guess I'm too old to keep up with all this

But I thought the Pandora papers were going to give us all the connections between Trump and the KKK and Nazi's and other rightwing nutjobs and all their connections to Jan 6, etc., as well as connections to possible planned upcoming stuff. I didn't know it was the Panama Papers P2.