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The Panama Papers: Breaking the Story of How the Rich and Powerful Hide Their Money
by
From the winners of the 2017 Pulitzer Prize for Explanatory Reporting
11.5 million documents sent through encrypted channels. The secret records of 214,000 offshore companies. The largest data leak in history.
In early 2015, an anonymous whistle-blower led investigative journalists Bastian Obermayer and Frederik Obermaier into the shadow economy where the super-rich hide ...more
11.5 million documents sent through encrypted channels. The secret records of 214,000 offshore companies. The largest data leak in history.
In early 2015, an anonymous whistle-blower led investigative journalists Bastian Obermayer and Frederik Obermaier into the shadow economy where the super-rich hide ...more
ebook, 384 pages
Published
March 30th 2017
by Oneworld Publications
(first published June 7th 2016)
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Start your review of The Panama Papers: Breaking the Story of How the Rich and Powerful Hide Their Money
Tough one to review: I definitely learned a decent amount, and it's incredible that this happened, but the story of how it came together is ... not that interesting? More data leaked, needed bigger computers, needed to involve more journalists, repeat until done. Nearly didn't finish it.
> As of November 2016, according to the ICIJ, 6,520 individuals and companies were under investigation worldwide due to the Panama Papers. 110 million US dollars had already been recovered – and this was in ...more
> As of November 2016, according to the ICIJ, 6,520 individuals and companies were under investigation worldwide due to the Panama Papers. 110 million US dollars had already been recovered – and this was in ...more
Billion Dollar Whale motivates me to explore more the world of investigative journalism and money laundering. And to stumble upon this book, I am eye-wide-open because of the size, the gravity, and the geographical coverage that it bring to the readers.
Centering around Mossack Fonseca and its dirty activities to help super-rich individuals, VIPs, PEPs, and criminals to hide their money in the offshore worlds, I am enlightened by all the tax-avoiding tricks they could pull to suck the money out ...more
Centering around Mossack Fonseca and its dirty activities to help super-rich individuals, VIPs, PEPs, and criminals to hide their money in the offshore worlds, I am enlightened by all the tax-avoiding tricks they could pull to suck the money out ...more
It is amazing the lengths the world's richest people will go to avoid taxation and this book makes it clear the loopholes that allowed them to do just that were well and truly exploited by leaders, overs and shakers across the globe. Occasionally some are brought to book but most quietly moved things when the ordure hit the fan in 2015. More than 400 journalists worked in utmost secrecy to uncover the scale of the shadow economy ahead of an agreed publication date. How they managed to keep it
...more
A good book to gain insight into how freely money can move across boundaries of all kinds.
Disappointed that the story ends at publication, where it should begin to look for impact.
Disappointed that the story ends at publication, where it should begin to look for impact.
Perhaps the translation from the original in German is not so good.
It’s honestly jaw dropping the ways the ultra rich go to avoid paying taxes and hiding their wealth. So many former and current world leaders as well. Humanity is greedy.
Excellent book. For a rather boring subject matter, the authors did make it an entertaining read. A little bit repetitive after the first half but still definitely worth reading.
Eye-opening
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