Secret Files Expose Offshore's Global Impact

Explore the business, economy, finance and trade aspects of human society.

Moderators: Calilasseia, ADParker

Secret Files Expose Offshore's Global Impact

#1  Postby Sovereign » Apr 05, 2013 4:53 am

A cache of 2.5 million files has cracked open the secrets of more than 120,000 offshore companies and trusts, exposing hidden dealings of politicians, con men and the mega-rich the world over.

The secret records obtained by the International Consortium of Investigative Journalists lay bare the names behind covert companies and private trusts in the British Virgin Islands, the Cook Islands and other offshore hideaways.

They include American doctors and dentists and middle-class Greek villagers as well as families and associates of long-time despots, Wall Street swindlers, Eastern European and Indonesian billionaires, Russian corporate executives, international arms dealers and a sham-director-fronted company that the European Union has labeled as a cog in Iran’s nuclear-development program.

http://www.huffingtonpost.com/2013/04/0 ... 08426.html

:shock:
Sovereign
THREAD STARTER
 
Posts: 2989
Male

United States (us)
Print view this post

Ads by Google


Re: Secret Files Expose Offshore's Global Impact

#2  Postby Aca » Apr 05, 2013 7:35 am

guardian has a whole section of their website dedicated to this

http://www.guardian.co.uk/uk/series/offshore-secrets

They (ICIJ) got a hard-disc with 260 GB of data to analyse :eek:

edit

The hard drive contained more than 260 gigabytes, the equivalent of half a million books. Its files included 2m emails, four large databases. There were details of more than 122,000 offshore companies or trusts, and nearly 12,000 intermediaries (agents or "introducers").

Unlike the smaller cache of US cables and war logs passed in 2010 to WikiLeaks, the offshore data was not structured or clean, but an unsorted collation of internal memos and instructions, official documents, emails, large and small databases and spreadsheets, scanned passports and accounting ledgers.


http://www.guardian.co.uk/uk/2013/apr/0 ... mails-icij
on an island marooned in the Middle Ages
User avatar
Aca
 
Posts: 3454
Age: 45
Male

Country: Malta
Malta (mt)
Print view this post

Re: Secret Files Expose Offshore's Global Impact

#3  Postby Sovereign » Apr 05, 2013 5:51 pm

That is a lot of data. I'm still in shock of the total amount estimates.
Sovereign
THREAD STARTER
 
Posts: 2989
Male

United States (us)
Print view this post


Return to Economics

Who is online

Users viewing this topic: No registered users and 1 guest