The Panama Papers is one of the biggest leaks and largest collaborative investigations in journalism history. The 2016 investigation was centered on more than 11.5 million financial and legal records that exposed a system that enables crime, corruption and wrongdoing, hidden by secretive offshore companies.
The landmark legislation contains several loopholes, exemptions and shortcomings that may become key vulnerabilities in the fight against corruption and financial secrecy, advocates say.
Swiss prosecutors allege that the Israeli billionaire and business associates bribed a wife of the former Guinean president to obtain lucrative mining rights.
The First Amendment ruling is Mossack Fonseca’s latest legal stumble against the streaming giant.
The long-sought reforms, effectively ending anonymous shell companies, were included in an annual defense spending bill approved by both houses of Congress with veto-proof margins.
Congress has released the National Defense Authorization Act, which includes reforms that would effectively end fully anonymous shell companies.
Musikilu Mojeed has reported and edited countless investigations in Nigeria and is one of ICIJ’s longest-serving African members.
The Nigerian journalist and publisher was awarded the International Press Freedom Award by the Committee to Protect Journalists.
Ignace Sossou spent six months in prison for tweeting about an official speech.
Prosecutors have issued arrest warrants for Jürgen Mossack and Ramón Fonseca, the founders of the law firm at the heart of a global investigation on the rogue offshore industry.
The territory’s secrecy rules have long attracted criminals and secretive companies created there have featured in several ICIJ investigations on offshore finance.
The FACTI panel cited ICIJ investigations for bringing financial crimes and tax justice to the world’s attention, but says reform has been slow to come when wrongdoing is exposed.
Richard Gaffey forged documents to help American clients evade taxes and worked with lawyers at the Panamanian law firm Mossack Fonseca, prosecutors said.
Keith Schembri and Brian Tonna’s assets were also frozen by court order in connection to an alleged passport kickbacks scheme.
Harald Joachim von der Goltz was sentenced to four years for wire and tax fraud, money laundering, false statements and other charges.
Since Imran Khan became prime minister, the military’s influence on the government has grown as has the administration’s aversion to criticism, advocates and Pakistani reporters say.
The island territory failed to comply with standards on how countries share information about people and companies suspected of financial wrongdoing, the OECD found.
"Meaningful sentences must be given... to forewarn others of the consequences for engaging in multi-year tax fraud," prosecutors argue.
Billionaire brothers Arkady and Boris Rotenberg bought millions of dollars in art, even while U.S. institutions were banned from doing business with them.
European lawmakers have demanded the regulator assess “whether there were breaches of either national or EU law, and to assess the actions taken by financial supervisors.”
The EU's permanent subcommittee will likely focus on corporate tax avoidance by tech companies and multinationals tax information, but not money laundering.
The Panama Papers revealed that shortly after taking office, Konrad Mizzi incorporated undeclared shell companies.
The man in charge of stopping criminals from laundering money has a scathing report of the world’s progress.
U.S. regulators settled a major corruption case with the Italian oil company that allegedly bribed Algerian politicians through a middleman who controlled a constellation of shell companies.
With governments racked by colossal costs due to the coronavirus pandemic, experts say tax evasion is cast in a stark new light.
Four years after Panama Papers, why ICIJ continues to report on tax havens, and those who exploit them.
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