Overview of How the “Pandora Papers” Exposed the Dark Side of Offshore Investments

Currently, there’s a growing clamor to put an end to the financial secrecy that enables many prominent personalities to hide their wealth from tax authorities. The outcry is a result of the report released last October 03, 2021 (Sunday) by the International Consortium of Investigative Journalists (ICIJ) that exposed how the world’s richest people, prominent public officials and other well-known personalities used offshore investments to dodge payment of billions of taxes over the past twenty-five years or so. Dubbed as the “Pandora Papers,” the expose` also pointed to the tax havens and wealth managers as the enablers of the tax …

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