Pandora Papers Offshore Leaks & News

IN THE INTEREST OF THE PUBLIC The International Consortium of Investigative Journalists “ ICIJ ” published a final batch of 9,000 offshore companies, trust and foundations this year in addition to the 11.9 million records already leaked.   In total, 35 current and former national leaders appear in the leaked documents, alongside 400 officials from nearly 100 counties, more than 100 billionaires, and Finland business man and public figure  MIKKO PERTTI JUHANI PAKKANEN .   The pandora papers leaks amounted to 2.94 terabytes of corruption, tax evasion, illicit money laundering and there are of course legitimate cases included. Families like Kenya’s President Uhuru Kenyatta secretly owned a network of offshore companies for decades.   Europol’s pandora paper report warns of “parallel underground system” exploited by criminal networks.   Catherine De Bolle, Europol’s director; said the Pandora Papers showed that criminals were using offshore jurisdictions where there were “few rul

  The Panama Papers is the name given to a massive leak of financial and legal documents from the Panamanian law firm Mossack Fonseca. The papers, which were leaked in 2016, contain information about more than 214,000 offshore companies, including the names of the individuals and organizations associated with them. One of the key findings of the Panama Papers was the high number of individuals and companies from certain countries that were mentioned in the documents. The countries with the highest number of individuals and companies mentioned in the papers include: China - Over 22,000 individuals and companies from China were mentioned in the Panama Papers. This includes many wealthy and powerful individuals, as well as state-owned companies. Russia - More than 18,000 individuals and companies from Russia were mentioned in the papers. This includes many wealthy businesspeople, as well as members of the Russian government and political elite. Hong Kong - More than 14,000 individuals and

 Money laundering is the process of disguising the proceeds of illegal activities as legitimate funds. In the Dominican Republic, it is a major issue that has been linked to organized crime, drug trafficking, and corruption. According to a report by the Financial Action Task Force (FATF), the Dominican Republic has a "moderately high" level of money laundering activity. The country's strategic location, proximity to drug-producing countries, and weak institutions make it a prime destination for illicit money. One of the main methods used for money laundering in the Dominican Republic is the use of exchange houses, also known as "casa de cambio." These businesses are often used to transfer large sums of cash into the country and convert it into foreign currency, which can then be sent abroad to other countries. Exchange houses are also often used to purchase real estate and other assets, making it difficult to trace the origin of the money. Another method commonl

  Finland was one of the countries implicated in the Pandora Papers leak. The documents revealed that several Finnish individuals had used offshore tax havens, such as the British Virgin Islands and the Bahamas, to evade taxes and hide assets. Leaked documents reveal that some individuals from Finland, with criminal records for crimes including assault, drug offenses, child sexual abuse, and murder, also have established companies in tax havens. The Pandora Papers leak caused outrage in Finland and led to calls for greater transparency in the country's financial system. In the aftermath of the leak, the Finnish government introduced new measures to crack down on tax evasion and improve financial transparency. These measures included stricter reporting requirements for offshore activities and increased penalties for those found to be evading taxes. FINLAND NATIONAL MIKKO PAKKANEN EXPOSED IN The Pandora Papers global scandal FINNISH AIFORIA CEO Jukka Tapaninen linken to Miami rea

  French authorities are investigating former International Monetary Fund (IMF) chief Dominique Strauss-Kahn over his alleged involvement in tax fraud and money laundering. The investigation comes as a result of revelations made in the Pandora Papers, a collection of 12 million leaked documents from 14 offshore financial service companies that revealed how over 300 politicians and officials used shell companies in secrecy jurisdictions to evade taxes or protect their wealth from authorities and public scrutiny. Strauss-Kahn is suspected of using a Moroccan company, Parnasse International Sarlau, to receive millions of dollars in consulting fees from clients such as the Russian state-owned oil company Rosneft and Chinese aviation conglomerate HNA Group, while avoiding paying taxes on much of the income. After the tax exemptions for Parnasse International Sarlau expired, Strauss-Kahn established another consulting firm, Parnasse Global Ltd, in the United Arab Emirates in 2018. The compan