The Pandora Papers – A Test for Authorities Worldwide

Since The Pandora Papers were unveiled less than 10 days ago, their findings have become the subject of European Commission media briefings, state leaders’ press conferences and government statements, while the world watches on to see what authorities will actually do. Based on 12 million documents leaked from 14 companies that provide corporate services in offshore jurisdictions, the Pandora project sheds light on how part of the globe’s elite is using offshore firms to evade taxes and park undeclared wealth in real estate and other assets. Among the most prominent current or former leaders and politicians named in the leak…