November 7, 2017
A little bit of background to the Paradise Papers.
The papers are a huge batch of leaked documents mostly from offshore law firm Appleby, along with corporate registries in 19 tax jurisdictions, which reveal the financial dealings of politicians, celebrities, corporate giants and business leaders.
The 13.4 million documents were passed to German newspaper Sueddeutsche Zeitung and then shared with the International Consortium of Investigative Journalists (ICIJ). Panorama has led research for the BBC as part of a global investigation involving nearly 100 other media organisations, including the Guardian, in 67 countries.
The BBC does not know the identity of the source.
Justin Trudeau’s chief fundraiser, who helped him rise to power, moved millions of dollars into offshore tax haven, Paradise Papers reveal
This is a highly requested thread so here it is. This is a list of people that have resigned/been deposed so far due to the Panama Papers. (Most recent is on top)
I’ll also update this list with Paradise Papers events until it needs its own thread
(Pakistan) Nawaz Sharif, Prime Minister of Pakistan: Source
(Iceland) Kári Arnór Kárason, CEO of the Stapi Pension Fund: Source
(Iceland) Kristján Örn Sigurðsson, CEO of the United Pension Fund in Iceland: Source
(Hong Kong) Keung Kwon-yuen*, Senior newspaper editor at Ming Pao newspaper: Source
(Armenia) Mihran Poghosyan, Chief Compulsory Enforcement Officer: Source
(Spain) José Manuel Soria, Minister of Industry and Energy: Source
(Sri Lanka) Vidya Amarapala, Advisor to the Ministry of Megapolis and Western Development: Source
(Iceland) Júlíus Vífill Ingvarsson, Independence Party city councilperson for Reykjavík: Source
(Netherlands) Bert Meerstadt, ABN AMRO Bank Board Member: Source
(Uruguay) Juan Pedro Damiani, FIFA Ethics Committee Member: Source
(Austria) Michael Grahammer, CEO of Hypo Landesbank Vorarlberg: Source
(Chile) Gonzalo Delaveu, President of Transparency Chile: Source
(Iceland) Sigmundur Davíð Gunnlaugsson, Prime Minister of Iceland: Source
* Keung Kwon-yuen was fired as “a cost-cutting measure […] the same day the journalist filled the front page with revelations about Hong Kong celebrities, officials and businessmen.”
Tax havens and offshore accounts and trusts, detailed in the Paradise Papers, are used by the world’s wealthiest to legally avoid paying taxes. Here’s how they work and why they are a problem.
To read more: http://www.cbc.ca/paradisepapers
Read More HERE