Panama Papers, Paradise Papers Pandora Papers and No Prosecutions
What is it with the magic letter ‘P?’ Perhaps it’s the fashionable letter these days for ‘collections of corruption,’ which would suggest an alternative ‘C.’
It all matters little in the scheme of things
The Panama Papers (11.5 million leaked documents or 2.6 terabytes of data) shook the world in April of 2016.
But that was the cruel and evil financial world of five years ago. Surely heads would fall, empires be exposed to litigation and loopholes be plastered over. Where’s a plasterer when you need one?
What actually fell was Mossack Fonseca, the financial firm that enabled this quiet little shady cove of convenience. Its clients fled, it quickly slipped beneath the waters of obfuscation, and everyone counted their profits as new entities took over old responsibilities.
Then came the Paradise Papers, the major leak of a year later, promising
“a major global collaboration reveals secrets from one of the world’s most prestigious offshore law firms, a specialized trust company and 19 comp…