World leaders scramble to limit ‘Pandora Papers’ damage • FRANCE 24 English

FRANCE 24 English published this video item, entitled “World leaders scramble to limit ‘Pandora Papers’ damage • FRANCE 24 English” – below is their description.

World leaders were on the defensive on Monday after the release of millions of documents detailing how heads of state use #offshore #taxHavens to stash assets worth hundreds of millions of dollars. Thirty-five current and former leaders are featured in roughly 11.9 million documents leaked from financial services companies. #PandoraPapers

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FRANCE 24 English YouTube Channel

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About This Source - FRANCE 24 English

The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.

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France is a republic and the largest Western European nation. Through expansion and colonisation in the 17th and 18th centuries France became a great power and still retains territories around the world. It has a seat on the UN security council and is the world’s fourth most wealthy country with a high standard of living and strong cultural identity.

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In This Story: Pandora Papers

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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