'Pandora file' reveals the 'tax haven' of many world leaders

Millions of leaked documents, compiled by the "Pandora Papers" have revealed the financial secrets of many world leaders, billionaires and celebrities in "tax havens". . Among the names mentioned are former British Prime Minister Tony Blair, King of Jordan, President of Kenya, President of Ukraine, or female singer Shakira...

ICIJ, a US-based nonprofit group, is a global network of reporters and media organizations who work together to probe the stories that matter around the world. Photo: devdiscourse.com
ICIJ, a US-based nonprofit group, is a global network of reporters and media organizations who work together to probe the stories that matter around the world. Photo: devdiscourse.com

According to reporters in Berlin, the "German Wave" (DW), one of about 150 newspapers participating in the investigation with the International Consortium of Investigative Journalists (ICIJ), said that in the Pandora Files case, in addition to many Incumbent and retired leaders of the world, more than 330 politicians and high-ranking officials are associated with overseas accounts. According to the "Pandora Papers", the powerful, instead of being able to help clean up the system of "tax havens" abroad, benefit from them through front companies or trusts.

Former British Prime Minister Tony Blair has spoken out against tax evasion for decades, but leaks have revealed that he and his wife may have owned a building worth $8.8 million (€7.6 million). ) upon the purchase of a foreign real estate company by the family of Bahraini Minister of Industry and Tourism Zayed bin Rashid al-Zayani. By buying shares in the company - rather than buying the building directly, Mr Blair and his wife were able to avoid paying $400,000 in total property taxes.

In addition, the "Pandora File" reveals the true owners of more than 29,000 foreign companies. Some of these companies are used to anonymize bank accounts, private jets, yachts, villas, and works of art by Picasso and Banksy. The "Pandora Records", with 2.94 terabytes of data, is the largest leak in recent years compared to the "Panama Papers" (2016) and the "Paradise Records" (2017). The verification of the authenticity of the "Pandora Records" was the largest audit organized by the ICIJ and a group of 150 newspapers.

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