We hang the petty thieves and appoint the great ones to public office
The tax office says it will analyse a trove of secret documents released by the International Consortium of Investigative Journalists that allegedly show the secret tax affairs of the super wealthy and famous to see if it can identify any possible Australian links.
One of the world’s biggest data leaks has exposed how an Australian accountant made a fortune keeping his clients’ secrets away from prying eyes.The Secret Keeper
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International Consortium of Investigative Journalists, Pandora Papers
A 2.94 terabyte data trove exposes the offshore secrets of wealthy elites from more than 200 countries and territories. These are people who use tax and secrecy havens to buy property and hide assets; many avoid taxes and worse. They include more than 330 politicians and 130 Forbes billionaires, as well as celebrities, fraudsters, drug dealers, royal family members and leaders of religious groups around the world.
The International Consortium of Investigative Journalists spent more than a year structuring, researching and analyzing the more than 11.9 million records in the Pandora Papers leak. The task involved three main elements: journalists, technology and time.