The latest data leaks have revealed, from the former British Prime Minister through Arab rulers to Shakira, countless well-known politicians, businessmen and celebrities have fled fortunes small and big to tax havens.

Millions of documents were created by the largest-ever international external data leak, and the so-called Pandora Records revealed that 35 current and former CEOs also opened offshore companies and accounts. They include British Prime Minister Tony Blair and Ukrainian President Volodymyr Zelensky II. King Abdullah of Jordan, President of Kenyatta Uhuru Kenyatta.

But the finance ministers of Pakistan, the Netherlands or Brazil can also be linked to offshore companies, as is the case with the former finance ministers of Malta and France, or Dominique Strauss-Kahn, the former chief executive of the International Monetary Fund (IMF).

a German wave The study, called the largest fact-finding journalism collaboration in history, indicates the extent to which wealth hiding is being integrated into global monetary policy.

The processing of the documents was coordinated by a network called the International Consortium of Investigative Journalists, and more than 600 journalists from 150 editorial offices around the world participated in the investigation, and the only Hungarian participant in the project was direct 36 voltswho explored Hungarian affairs.

Pandora’s documents show that influential people who can put an end to the external system are more likely to benefit from it. Blair, for example, has been wrangling against tax evasion for years, but the former British prime minister and his wife may have swum in a $400,000 property tax. Czech Prime Minister Andrej Babis, who campaigned against corruption, pumped $22 million into offshore companies with which he bought homes and cinemas on the French Riviera, but it was not in his announcement of the assets.

Pop and sports stars are also trying to hide their fortunes, including Colombian singer Shakira and former Indian cricket star Sachin Tendulkar. According to the leaks, more than 130 billion people participated in this form of “tax optimization”, including from Turkey, Russia, the United States, Mexico and India. One of the Turkish businessmen is Erman Ilicak, whose company built the luxurious residence of Turkish President Recep Tayyip Erdogan in Ankara.

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10 percent of global GDP could be in offshore companies and accounts, says Gabriel Zucman, an expert on tax havens and professor of economics at the University of California, Berkeley.



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