Thursday, July 21, 2016

THE PANAMA PAPERS INVESTIGATION

ICIJ
Speaking in June at a summit hosted by renowned events company TED (which stands for Technology, Entertainment, Design) in Banff, Canada, Gerard Ryle, Director of The International Consortium of Investigative Journalists (ICIJ), took the audience behind the scenes of the 12-month Panama Papers investigation. ICIJ, a project of The Center for Public Integrity, based the investigation on a trove of more than 11.5 million leaked files from the Panama-based Mossack Fonseca law firm.

A giant leak of more than 11.5 million financial and legal records exposes a system that enables crime, corruption and wrongdoing, hidden by secretive offshore companies.

New anti money-laundering and tax abuse rules proposed for EU
Officials said the Panama Papers helped "focus minds and speed up this work" as the European Commission continues to take aim at terrorism financing, tax evasion and other questionable conduct enabled by the offshore world.

Panama Papers companies revealed
Explore a searchable database that strips away the secrecy of nearly 214,000 offshore entities created in 21 jurisdictions, from Nevada to Hong Kong and the British Virgin Islands.

Read more about the data release