What are the Pandora Papers?
The Pandora Papers (not to be confused with the Malta Files, China Cables, or the Global tobacco industry ICIJ investigation) is a global investigation on how the rich and powerful hide their investments published by ICIJ – The International Consortium of Investigative Journalists – on Sunday, Oct. 3, 2021. The Pandora Papers include more than 11.9 million records, amounting to about 2.94 terabytes of data. The investigation comes five years after the ICIJ’s Panama Papers investigation._x000D_
What did the Pandora Papers find (in 120 words)?
_x000D_The Pandora Papers investigation found that advisers helped King Abdullah II of Jordan set up at least three dozen shell companies from 1995 to 2017. They also discovered that Tony Blair, U.K.’s former prime minister, became the owner of an $8.8 million Victorian building in 2017 by buying a British Virgin Islands company that held the property. The building now hosts the law firm of his wife, Cherie Blair. Lebanon’s billionaire prime minister, Najib Mikati, owns, according to the report. a Panama-based offshore company that he utilized to buy property in Monaco in 2008. The Washington Post revealed that the documents showed Russian President Vladimir Putin’s mistress had used offshore funds to buy a flat in Monaco.