Wednesday, October 06, 2021

Pandora Papers’ to open Pandora’s box: No stone left unturned

What did Pandora do with her box after she'd unleashed despair into the world? Did she keep it on her mantel as a reminder of what she'd done? 

Author: David Levithan

Patriotic Billionaire Only Invests In American-Made Tax Havens The Onion 🧅 humour

The Pandora Papers…. as a Wes Anderson film

Your secrets are no longer safe’: ATO’s warning to dodgy Aussies -

The ATO has fired off a warning to Australians hiding money from the authorities saying they will feel ‘serious consequences’

The Panama and Paradise papers have been used to get more money out of multinationals, but a register of beneficial ownership is on the backburner

ATO prosecutions fall by 70% in FY21

MEdia Dragon: Operation Pandora Box:: An offshore data tsunami behind secret keepers

After  two decades in Black and Brown Economy Snake pits, I often longed for the realism and sincerity of Hollywood:
 As far as I can see, what they do is they set up companies. Not real companies like a hotel, or a hardware store. They set up what they call a shell, and they sell shells. Not actual shells”

In the movie Laundromat, Ellen Martin (Meryl Streep) investigates financial dealings in the Caribbean when a life insurance company will not pay out after her husband dies in a boat accident.

The movie includes a scene where the characters Ramon Fonseca (Antonio Banderas) and Jurgen Mossack (Gary Oldman) discuss the fine line between how the rich and famous use offshore tax havens and secret shell companies to hide their deals and assets.

In 1988, the ATO raided the Sydney premises of Citibank, seizing hundreds of documents relating to a suspected tax-avoidance scheme. One of the officers was Michael O'Neill, a 23-year-old still finishing his law degree who, a decade later, would join the taskforce formed to investigate tax scheme promoters" 

Secret Aussie life of a global tax spy

Labor Senator Deborah O’Neill says the Pandora Papers expose the potential for accountants to turn a blind eye to financial crime and has called for long-delayed reforms to be implemented that would enforce stricter requirements on the industry to report suspicious transactions.

The International Consortium of Investigative Journalists released an investigation on Monday, dubbed the Pandora Papers, that analysed millions of leaked records from 14 financial firms that have helped thousands of people, including powerbrokers and celebrities, to shovel money offshore.

Dodging up the books’: Labor senator says Pandora Papers show need for reform

Pandora Papers’ to open Pandora’s box

ICIJ investigation to reveal names of several Pakistanis' offshore finances

Tony Blair, Shakira: Everyone named in the world’s biggest tax haven leak so far

No stone is left unturned’: Australian links in Pandora papers will be investigated, ATO says Australian Tax Office vows to find anyone doing the wrong thing in the wake of the biggest offshore data leak in history Australian Taxation Office logo and person walking Ben Butler

“No stone is left unturned’: Australian links in Pandora papers will be investigated

Slide Presentation

Wickenby on Strachan’s lapdog few megabytes not terabytes:

…, the funds behind the purchases can be traced in the Pandora Papers, a leak of nearly 12 million financial documentsobtained by the International Consortium of Investigative Journalists (ICIJ) and analysed by the ABC.

Pandora Papers reveal big foreign money secretly behind some prime Australian real estate

Australia has become a go-to destination for dirty money’: Leaks reveal nation’s tax weaknesses

Why are so many well known firms of accountants still operating in tax havens?

Posted on October 5 2021

The Pandora Papers continue to draw attention to tax abuse.  As I mentioned yesterday, the real need is to mention solutions though. We have known
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The Pandora Papers are old news: the question is whether the measures now being taken are already impacting what is happening offshore?

Posted on October 4 2021

I have not given the so-called Pandora Papers that are exciting some of the media and the tax justice movement much attention. There are a number
Read the full article…

Arrested, captured or murdered: CIA admits losing dozens of informants

Where Politicians Are Named in The Pandora Papers

A giant data dump is once more detailing the offshore tax activities of the world's rich elites. Keeping with the alliterations, the release was dubbed the Pandora Papers by the International Consortium of Investigative Journalists, which had also coordinated the release of previous prominent leaks the Paradise Papers and the Panama Papers. 

The list of those implicated this time around includes Colombian singer Shakira, Spanish crooner Julio Iglesias and former German top model Claudia Schiffer.

A total of 336 former or current politicians are also tied to offshore money via the release. The most common countries of origin for them were the Ukraine and Russia, but also many places in Latin America and Africa. The UK was the only other European nation in the top 10 of countries with the most politicians named in the release. Among them are former prime minister Tony Blair and more will be named in the upcoming days.

A constantly updated list on Wikipediacurrently shows around a dozen current heads of state which appear in the leak, among them King Abdullah II of Jordan, the Emir of Dubai and prime minister of the United Arab Emirates, Sheik Mohammed bin Rashid, as well as the presidents of Azerbaijan, Montenegro, Kenya, Ecuador, Gabon, Chile, the Ukraine and the Republic of the Congo. The prime ministers of the Czech Republic, Cote d`Ivoire, Lebanon and the emir of Qatar can also be found among those tied to offshore money havens.

Infographic: Where Politicians Are Named in The Pandora Papers | Statista


This chart shows the countries with the most politicians included in the Pandora Papers release.

ATO prosecutions fall by 70% in FY21