Huge leak reveals how the world's rich and powerful hide their money and dodge sanctions/taxes
434 replies, posted
[img]http://i.imgur.com/pa2KDvA.gif[/img]
[url]http://www.bbc.co.uk/news/world-35918844[/url]
[quote]A huge leak of confidential documents has revealed how the rich and powerful use tax havens to hide their wealth.
Eleven million documents were leaked from one of the world's most secretive companies, Panamanian law firm Mossack Fonseca.
They show how Mossack Fonseca has helped clients launder money, dodge sanctions and evade tax.
The company says it has operated beyond reproach for 40 years and has never been charged with criminal wrong-doing.
The documents show links to 72 current or former heads of state in the data, including dictators accused of looting their own countries.
They were obtained by the German newspaper Suddeutsche Zeitung and shared with the International Consortium of Investigative Journalists (ICIJ).
BBC Panorama and The Guardian are among 107 media organisations in 78 countries that have been analysing the documents. The BBC does not know the identity of the source who provided them.[/quote]
[url]http://www.theguardian.com/news/2016/apr/03/panama-papers-money-hidden-offshore[/url]
[quote]A network of secret offshore deals and vast loans worth $2bn has [B]laid a trail to Russia’s president, Vladimir Putin.[/B]
An unprecedented leak of documents shows how this money has made members of Putin’s close circle fabulously wealthy.
Though the president’s name does not appear in any of the records, the data reveals a pattern – his friends have earned millions from deals that seemingly could not have been secured without his patronage.
The documents suggest Putin’s family has benefited from this money – his friends’ fortunes appear his to spend.[/quote]
[url]https://panamapapers.icij.org/20160403-panama-papers-global-overview.html[/url]
[quote]The files expose [B]offshore companies controlled by the prime ministers of Iceland and Pakistan, the king of Saudi Arabia and the children of the president of Azerbaijan.[/B]
They also include at least 33 people and companies blacklisted by the U.S. government because of evidence that they’d been involved in wrongdoing, such as doing business with Mexican drug lords, terrorist organizations like Hezbollah or rogue nations like North Korea and Iran.
One of those companies supplied fuel for the aircraft that the Syrian government used to bomb and kill thousands of its own citizens, U.S. authorities have charged.[/quote]
[vid]https://cdn.theguardian.tv/mainwebsite/2016/04/03/160403billionv2_desk.mp4[/vid]
[media]https://www.youtube.com/watch?v=F6XnH_OnpO0[/media]
[B][url=http://www.tagesschau.de/ausland/panamapapers-107.html]List of notable people implicated[/url][/B]
so...who's going to get charged, Don't say no one this is too big.
[QUOTE=OmniConsUme;50061133]so...who's going to get charged, Don't say no one this is too big.[/QUOTE]
If any of it can be substantiated then maybe, they probably are in breach of anti money laundering laws on international banks, but I'm probably going to guess nobody actually goes to jail
[QUOTE=OmniConsUme;50061133]so...who's going to get charged, Don't say no one this is too big.[/QUOTE]
The leakers
This is huge, I wonder what the repercussions will be
It was putin all along!
Iceland's prime minister might be the first casualty
[quote=BBC]Mossack Fonseca data also shows how Icelandic Prime Minister Sigmundur Gunnlaugsson had an undeclared interest in his country's bailed-out banks.
Mr Gunnlaugsson has been accused of hiding millions of dollars of investments in his country's banks behind a secretive offshore company.
Leaked documents show that Sigmundur Gunnlaugsson and his wife bought offshore company Wintris in 2007.
He did not declare an interest in the company when entering parliament in 2009. He sold his 50% of Wintris to his wife for $1 (70p), eight months later.[/quote]
Even the fucking PM of iceland has a finger in this pie, goddammit
[quote]Mossack Fonseca data also shows how Icelandic Prime Minister Sigmundur Gunnlaugsson had an undeclared interest in his country's bailed-out banks.
Mr Gunnlaugsson has been accused of hiding millions of dollars of investments in his country's banks behind a secretive offshore company.
Leaked documents show that Sigmundur Gunnlaugsson and his wife bought offshore company Wintris in 2007.
He did not declare an interest in the company when entering parliament in 2009. He sold his 50% of Wintris to his wife for $1 (70p), eight months later.
Mr Gunnlaugsson is now facing calls for his resignation. He says he has not broken any rules, and his wife did not benefit financially from his decisions.[/quote]
FIFA is involved apparently, absolute shocker
[url]https://panamapapers.icij.org/20160403-ethics-fifa-scandal.html[/url]
11 million documents is a shitton. I wonder if other people will be discovered to be involved as well as time goes on.
Interesting how there's no one from the US or Europe apart from the Icelandic PM in these documents, and didn't Iceland recently cause their bankers a great deal of trouble?
Here's a link to all involved people (It's in english), maybe put in OP?:
[URL]http://www.tagesschau.de/ausland/panamapapers-107.html[/URL]
The [URL="https://projects.icij.org/panama-papers/power-players/?lang=en"]official one [/URL]seems unreachable.
[B]Edit:[/B] It works now, so maybe put the official one in the OP smurfy?
Jackie Chan? What the fuck?
[url]http://www.abc.net.au/news/2016-04-04/unprecedented-leak-of-offshore-financial-records-exposes-secrets/7293524[/url]
here are some important politicians and associates involved:
[img]https://cdn.rt.com/files/2016.04/original/5701674cc36188fe108b45a6.jpg[/img]
[QUOTE=amorax;50061247]Interesting how there's no one from the US or Europe apart from the Icelandic PM in these documents, and didn't Iceland recently cause their bankers a great deal of trouble?[/QUOTE]
So the US is not as corrupt as we think?
The Leak is told to be 2.6 TB large.
o there's a long way to the end of these papers.
Watch as this will barely change anything at all.
[QUOTE=OmniConsUme;50061282]So the US is not as corrupt as we think?[/QUOTE]
That or the other, more obvious conclusion which is that this is state-sponsored propaganda intended to further demonise the enemies of western governments.
Whoever leaked it, if they are found, will be disappeared and never seen or heard from again.
Somebody just signed their own death warrant in the eyes of the rich and powerful.
How does such a leak even happen? Somebody didn't want to keep the secret any more?
[QUOTE=smurfy;50061183]Iceland's prime minister might be the first casualty[/QUOTE]
I saw the interview with him, it was fucking hilarious he was so lost on what to say to defend himself
[QUOTE=Disgruntled;50061325]Whoever leaked it, if they are found, will be disappeared and never seen or heard from again.
Somebody just signed their own death warrant in the eyes of the rich and powerful.[/QUOTE]
killing them won't take away the leak, and having someone find out that about the assassination would just give it even more attention
Didn't we already know that the rich were hiding their money? I thought this was common knowledge
[QUOTE=amorax;50061319]That or the other, more obvious conclusion which is that this is state-sponsored propaganda intended to further demonise the enemies of western governments.[/QUOTE]
Right, right, death to the West and all that.
Say, what country are you [I]actually[/I] from, sport?
[QUOTE=Disgruntled;50061325]Whoever leaked it, if they are found, will be disappeared and never seen or heard from again.
Somebody just signed their own death warrant in the eyes of the rich and powerful.[/QUOTE]
I feel like someone with the skills and knowledge to access this information knows what they're doing.
I refuse to believe George Osborne wasn't involved
[QUOTE=carcarcargo;50061340]Didn't we already know that the rich were hiding their money? I thought this was common knowledge[/QUOTE]
now we know they're hiding money with the help of corrupt politicians
the US does it too, but they're probably significantly better at hiding it
[QUOTE=Disgruntled;50061325]Whoever leaked it, if they are found, will be disappeared and never seen or heard from again.
Somebody just signed their own death warrant in the eyes of the rich and powerful.[/QUOTE]
Actually no if they work for that company, they would not get work ever again.
[QUOTE=Untouch;50061372]now we know they're hiding money with the help of corrupt politicians
the US does it too, but they're probably significantly better at hiding it[/QUOTE]
I thought this was a given, most tax havens are run by dictators.
[QUOTE=Disgruntled;50061343]Right, right, death to the West and all that.
Say, what country are you [I]actually[/I] from, sport?[/QUOTE]
Ah, a shill accusation, my internet career is finally complete. The funny thing is, normally, I'm the one accusing other people of being shills. Oh well, I'm not really certain that there's any way I can convince you or people who believe you that I'm not a shill, so it's up to people reading this to make their own minds up I guess.
[QUOTE=amorax;50061319]That or the other, more obvious conclusion which is that this is state-sponsored propaganda intended to further demonise the enemies of western governments.[/QUOTE]
Yes, number one enemies like the government of Iceland or the western-backed president of the Ukraine.
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