An archive of offshore operations of former and current heads of state is published

The International Consortium for Investigative Journalism (ICIJ) published excerpts from about 11.9 million documents with data on offshore accounts of a number of world politicians. The collection is called the Pandora Papers, it includes data on 35 current and former national leaders, as well as 330 officials from 91 countries.


ICIJ said the documents also include information on more than 130 billionaires from 45 countries, including Russians. "The dossier includes ambassadors, mayors and ministers, presidential advisers, generals and the head of the central bank," the text says.


The dossier, in particular, alleges that Czech Prime Minister Andrej Babiš used an offshore investment company to buy real estate in the south of France worth $22 million. Also the investigation says that King Abdullah II of Jordan through three offshore companies secretly bought three mansions in Malibu for $68 million.


Among the Russians mentioned in the documents are, among others, the CEO of "Channel One" Konstantin Ernst, businessmen Alexander Abramov and Leonid Lebedev.


In 2016, ICIJ released excerpts from 11.5 million documents with data on the offshore accounts of a number of current and former world leaders, as well as entrepreneurs, athletes and managers. The reports were called the "Panama File". The next year, the consortium published excerpts of about 13.4 million documents, called the Paradise Papers. They also dealt with the finances of politicians from a number of states and multinational corporations.


You must be logged in to post a comment.