Here Are the Biggest Revelations From the Pandora Papers Leak

Unprecedented leak of financial data details offshore assets
Investigative journalist group obtained 11.9 million documents

WATCH: An investigation by the International Consortium of Investigative Journalists uncovered millions of documents detailing how rich and politically-connected individuals across the globe use offshore companies to avoid taxes and hoard wealth. ICIJ’s Scilla Alecci shares the details.(Source: Bloomberg)

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By Iain Marlow

October 4, 2021 at 2:26 AM UTC

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An unprecedented leak of financial records known as the Pandora Papers has revealed the offshore financial assets of dozens of current and former world leaders and hundreds of politicians from Asia and the Middle East to Latin America.

The International Consortium of Investigative Journalists obtained 11.9 million confidential documents from 14 separate legal and financial services firms, which the group said offered “a sweeping look at an industry that helps the world’s ultrawealthy, powerful government officials and other elites conceal trillions of dollars from tax authorities, prosecutors and others.”