‘Pandora Papers’ leak exposes secret offshore accounts of politicians, celebrities

CBC News published this video item, entitled “‘Pandora Papers’ leak exposes secret offshore accounts of politicians, celebrities” – below is their description.

A massive new leak of tax-haven financial records, even bigger than the Panama Papers, show 35 current or former world leaders and more than 300 other public officials around the globe who have held assets in or through tax havens.

CBC News YouTube Channel

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About This Source - CBC News

CBC News is the division of the Canadian Broadcasting Corporation responsible for the news gathering and production of news programs on the corporation’s English-language operations, namely CBC Television, CBC Radio, CBC News Network, and CBC.ca.

CBC News is the largest news broadcaster in Canada. It frequently collaborates with its French-language counterpart, Radio-Canada Info, although the two are organizationally separate.

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The term “Pandora Papers” refers to a huge collection of data which was leaked to the International Consortium of Investigative Journalists in 2021. The papers contained nearly 12 million documents, sourced from around the world, relating to corporate and financial transactions of wealthy individuals. Many global leaders, current and former politicians, political donors, and monarchs saw transactions, which would otherwise have remained secret, exposed to the public.

Very quickly, allegations of bribery, corruption, tax avoidance and several challenging ethical questions have been raised as a result of this data being made public.

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