From pivotal legislative pushes in the U.S. and elsewhere, to ongoing probes into deposed leaders and tax dodgers, the impact of the largest ever offshore investigation is still being felt around the world.
The telecom giant is now facing legal scrutiny in multiple countries as a result of the Ericsson List.
To make sanctions more than symbolic, democratic countries would have to inconvenience their own rich people, says British journalist Oliver Bullough, author of a new book on the U.K.'s role in the offshore economy.
The telecom giant said it couldn’t estimate just how big a penalty the Justice Department might levy following the company’s breach of a 2019 agreement.
The telecom giant’s board and CEO are left exposed by an extraordinary vote that could allow them to be held liable for misconduct.
The move comes weeks after the Ericsson List revealed the telecom giant’s dealings with ISIS and misconduct in Iraq.
Days after ICIJ publishes the Ericsson List investigation, prosecutors said the Swedish telecom giant failed to sufficiently disclose possible misconduct in Iraq before signing a billion-dollar settlement with the U.S. Justice Department.
The embattled Swedish telecom giant concealed years of bribery and fraud in the war-torn nation and grappled with undisclosed corruption allegations in more than a dozen other countries.
Transparency International cites Pandora Papers findings to fill blind spots in its annual corruption index.
The Pandora Papers shed new light on the offshore dealings of powerful figures close to Angola’s former president who were recently sanctioned by the U.S.