Pandora papers: biggest ever leak of offshore data exposes financial secrets of rich and powerful

[Windwaver]

The secret deals and hidden assets of some of the world’s richest and most powerful people have been revealed in the biggest trove of leaked offshore data in history.

Branded the Pandora papers, the cache includes 11.9m files from companies hired by wealthy clients to create offshore structures and trusts in tax havens such as Panama, Dubai, Monaco, Switzerland and the Cayman Islands.

They expose the secret offshore affairs of 35 world leaders, including current and former presidents, prime ministers and heads of state. They also shine a light on the secret finances of more than 300 other public officials such as government ministers, judges, mayors and military generals in more than 90 countries.

The files include disclosures about major donors to the Conservative party, raising difficult questions for Boris Johnson as his party meets for its annual conference.

More than 100 billionaires feature in the leaked data, as well as celebrities, rock stars and business leaders. Many use shell companies to hold luxury items such as property and yachts, as well as incognito bank accounts. There is even art ranging from looted Cambodian antiquities to paintings by Picasso and murals by Banksy.

The Pandora papers reveal the inner workings of what is a shadow financial world, providing a rare window into the hidden operations of a global offshore economy that enables some of the world’s richest people to hide their wealth and in some cases pay little or no tax.

 

[Windwaver]

https://www.theguardian.com/news/2021/oct/03/pandora-papers-biggest-ever-leak-of-offshore-data-exposes-financial-secrets-of-rich-and-powerful

[Nolicense]

making popcorn...  reserving a good seat

[RadX]

Sounds like another James Bond movie in the making

[Gizmore]

I'm only interested to know if any Singaporean is mentioned in that leak. 

[Ody_2004]

 

[ToyotaShuttle]

anything from sg yet?

hearsay we got some people here who do not make 100m / yr

[Sosaria]

Ah jib kor mentioned?

Edited October 4, 2021 by Sosaria

[Windwaver]

All the UHNW

[Mustank]

Think Batman inside

[Playtime]

12 hours ago, Gizmore said:

I'm only interested to know if any Singaporean is mentioned in that leak. 

PDPA...FICA... POFMA.. libel... u name it 🤣

[EasyGoing]

this report very tantalising but where are the names ?????

[BanCoe]

Cant be noBODY from MCF...........

here so many pay $$ buying cars! Heck care even ballooing COE 

[Victor68]

17 hours ago, Gizmore said:

I'm only interested to know if any Singaporean is mentioned in that leak. 

Only will we ever get to know. I am sure there are just whether we get to see the list.

[Playtime]

28 minutes ago, Victor68 said:

Only will we ever get to know. I am sure there are just whether we get to see the list.

Download share private FB group can get sued or not 😅

[Nolicense]

6 hours ago, Playtime said:

PDPA...FICA... POFMA.. libel... u name it 🤣

doxxing too?

[Nolicense]

3 hours ago, BanCoe said:

Cant be noBODY from MCF...........

here so many pay $$ buying cars! Heck care even ballooing COE 

wa got mcf inside? who who?

[Victor68]

4 hours ago, Playtime said:

Download share private FB group can get sued or not 😅

When CNA reports news from other source and is fake or not reflecting correctly, can? So if you share what you saw and say this was what was reported, they can clarify if they don't agree mah.