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Tax havens: A new investigation reveals the secrets of 465 authorities and billionaires

04/10/2021
Categories: Sectors

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The "Pandora Papers" is a new investigation by the International Consortium of Investigative Journalists (ICIJ), of which Le Monde is a partner. This journalistic investigation plunges the world into the secrets of offshore finance.

The new "Pandora Papers" investigation reveals the secrets of 300 public officials, 35 heads of state, 130 billionaires... a massive leak of confidential data, which sheds harsh light on the nightmare of the rich and powerful who resort to tax havens to hide their assets from prying eyes. 35 heads of state (former or current) and the 130 billionaires who appear in the “Pandora Papers”. Among the tens of thousands of company owners revealed by the "Pandora Papers", including 600 French people, are an unprecedented number of high-level politicians from all over the world: former British Prime Minister Tony Blair, former Managing Director of the International Monetary Fund Dominique Strauss-Kahn, Kenyan President Uhuru Kenyatta, Lebanese Prime Minister Najib Mikati, King Abdullah II of Jordan, Czech Prime Minister Andrej Babis, Ecuadorian President Guillermo Lasso, Ukrainian President Volodymyr Zelensky , Gabonese President Ali Bongo, Ivorian Prime Minister Patrick Achi, Congolese President Denis Sassou-Nguesso... Alongside them, a handful of French politicians, often walled in silence when explaining the raison d'être of their offshore companies. In total, the ICIJ counted in the leak more than 300 public officials from around the world. “Le Monde” and the consortium of journalists ICIJ had access to the confidential data of fourteen firms specializing in tax havens. Nearly 12 million documents, from the most opaque offshore centers on the planet, were transmitted by an anonymous source to a consortium of 150 international media, including Radio France and "Cash Investigation" in France.

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