On Sunday 3 October, the International Consortium of Investigative Journalists (ICIJ) revealed the Pandora Papers – the most significant leak of tax-haven documents since the Panama Papers.
Working with 600 journalists in 117 territories, the ICIJ has obtained 11.9m files that reveal secret deals, hidden assets and illicit money flows in tax havens across the world.
Hush, hush
Rich and influential people continue to use the offshore financial system to dodge taxes and launder money. The reports revealed that 78 politicians across the African continent had offshore companies in secrecy jurisdictions, including Kenya’s President Uhuru Kenyatta.
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