Most of the securities were leaked by international investigative journalists. Prominent leaders, politicians and billionaires are taking part, including Russian President Vladimir Putin and Czech Prime Minister Andrej Babis. There is also a galactic thread.
According to documents leaked by international investigative journalists, the Russian president has secret assets in Monaco and also revealed that Andre Babis, who is preparing for next week’s elections, did not admit that an overseas investment company had bought him two villas in southern France for about 14 million euros.
Another European politician, Cypriot President Nicosia Anastasiades, was found to hide the valuables of a Russian billionaire in the name of fake business owners by a law firm he founded.
The documents also show that Palaz Curtis, a Hungarian lawyer known as Rogan’s right-hand man, also bought an offshore company in the British Virgin Islands. In addition, several pro-government businessmen were involved in offshore transactions based on leaked documents, including Gellért Jászai, head of 4iG IT, formerly one of the most important managers of the Lőrinc Mészáros empire, Zsolt Nyerges, a former acquaintance of the Urban family and Laszlo Horvat, Honorary Consul of Kazakhstan.
35 current and former political leaders, 100 billionaires, and more than 300 officials were implicated in the scandal. Documents obtained from offshore companies are called Pandora papers.
It was revealed that the King of Jordan secretly raised about 80 million euros through real estate in the United Kingdom and the United States.
According to the documents, the family of Azerbaijani President Ilham Aliyev bought real estate in the UK worth 600 million euros.
More than 650 reporters participated in the newspaper search, coordinated by the International Consortium of Investigative Journalists. 12 million documents from 14 financial firms were examined in tax havens such as the British Virgin Islands, Panama, Belize, Cyprus, the United Arab Emirates, Singapore and Switzerland.
Pandora papers reveal how the shadow world of finance works – írja a bouncerAnd it provides rare insight into how the external global economy works, allowing the world’s richest to hide their wealth and pay no or very little taxes.
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