Paradise Papers

An investigation has uncovered new details about Maldives government corruption days before a presidential election and weeks after the European Union moved to sanction its leaders. Published on Tuesday, the research finds that at least 50 of the nation’s prized tropical island leases were obtained, often at hugely discounted prices without public tender, and – […]

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The National Crime Agency, the U.K.’s equivalent of the FBI, has claimed it is not getting the information it needs from the Cayman Islands in its anti-money laundering and criminal investigations. In an article published by the BBC, Donald Toon, director of the NCA, said a number of investigations had led to companies registered in […]

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Washington University appeared in the “Paradise Papers,” a document containing millions of leaked financial documents regarding offshore investments of politicians, high profile officials and private institutions. The papers are a leak of 13.4 million financial documents. The leaked documents were compiled by the International Consortium of Investigative Journalists into an online database; Washington University appears […]

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Image copyright Getty Images British law enforcement officers fighting money laundering are being frustrated by a lack of co-operation by the authorities in the Cayman Islands. The National Crime Agency said it was “asking for information we don’t get”. It says it has also significantly stepped up efforts to seize dirty Russian money coming into […]

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There is growing concern at the toll which tax havens are taking on economies, government budgets and inequality worldwide as recent research shows they may conceal the equivalent of 10% of global output and nearly a third of the wealth of individuals with a net worth of more than $45m.     The estimates may be […]

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A version of this story originally appeared in the September/October 2018 issue of Pacific Standard as a sidebar to “Death on the Dakota Access.” Subscribe now to support independent journalism in the public interest. The Producer Harold Hamm, Chairman and CEO, Continental Resources“Fracking King” Harold Hamm, dubbed Trump’s “energy whisperer” for his oversized role influencing the […]

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A version of this story originally appeared in the September/October 2018 issue of Pacific Standard as a sidebar to “Death on the Dakota Access.” Subscribe now to support independent journalism in the public interest. The Producer Harold Hamm, Chairman and CEO, Continental Resources“Fracking King” Harold Hamm, dubbed Trump’s “energy whisperer” for his oversized role influencing the […]

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Živi Zid secretary general Tihomir Lukanić told reporters the party decided to report Jakovčić after media claims that he received fees both as a member and chairman of the supervisory board of Afarak, a company Lukanić said was owned by a man who presented himself as one of the strategic partners of the Uljanik shipbuilding […]

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HM Revenue Customs has admitted to letting “powerful” members of society – including celebrities – escape prosecution for financial crimes. The disclosure, reported on by The Times, came at a conference in Cambridge last week when Richard Las, a deputy director for HMRC, said criminal proceedings are not the “default option” for cases including tax […]

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