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October 4, 2021 01:59 pm GMT

Pandora Papers: report details finances of tax-evading, wealth-hoarding world leaders

An investigation into the finances of current and former world leaders and their associates reveals the unsurprising yet shocking scale of wealth they hoard. Though many of the records detail shell companies, foundations and trusts used as vehicles to conceal ownership of investments, houses, yachts, jets and other luxuriesor simply to evade paying taxesother documents are tied to financial crimes such as money laundering. — Read the rest


Original Link: https://boingboing.net/2021/10/04/pandora-papers-report-details-finances-of-tax-evading-wealth-hoarding-world-leaders.html?utm_source=rss&utm_medium=r

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