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Thread: The Panama Papers: the secrets of dirty money

  1. #1
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    Default The Panama Papers: the secrets of dirty money

    Looks like this is a cracker of a leak. Shouldn't take too long to pick up on a Irish connection.
    http://panamapapers.sueddeutsche.de/en/

  2. #2
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    Default Re: The Panama Papers: the secrets or dirty money

    Over a year ago, an anonymous source contacted the Süddeutsche Zeitung (SZ) and submitted encrypted internal documents from Mossack Fonseca, a Panamanian law firm that sells anonymous offshore companies around the world. These shell firms enable their owners to cover up their business dealings, no matter how shady.In the months that followed, the number of documents continued to grow far beyond the original leak. Ultimately, SZ acquired about 2.6 terabytes of data, making the leak the biggest that journalists had ever worked with. The source wanted neither financial compensation nor anything else in return, apart from a few security measures.
    The data provides rare insights into a world that can only exist in the shadows. It proves how a global industry led by major banks, legal firms, and asset management companies secretly manages the estates of the world’s rich and famous: from politicians, Fifa officials, fraudsters and drug smugglers, to celebrities and professional athletes.
    The data

    The Panama Papers include approximately 11.5 million documents – more than the combined total of the Wikileaks Cablegate, Offshore Leaks, Lux Leaks, and Swiss Leaks. The data primarily comprises e-mails, pdf files, photo files, and excerpts of an internal Mossack Fonseca database. It covers a period spanning from the 1970s to the spring of 2016.
    http://panamapapers.sueddeutsche.de/...b8d3c3495adf4/

  3. #3
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    Default Re: The Panama Papers: the secrets or dirty money

    Over a year ago, an anonymous source contacted the Süddeutsche Zeitung (SZ) and submitted encrypted internal documents from Mossack Fonseca, a Panamanian law firm that sells anonymous offshore companies around the world. These shell firms enable their owners to cover up their business dealings, no matter how shady.In the months that followed, the number of documents continued to grow far beyond the original leak. Ultimately, SZ acquired about 2.6 terabytes of data, making the leak the biggest that journalists had ever worked with. The source wanted neither financial compensation nor anything else in return, apart from a few security measures.
    The data provides rare insights into a world that can only exist in the shadows. It proves how a global industry led by major banks, legal firms, and asset management companies secretly manages the estates of the world’s rich and famous: from politicians, Fifa officials, fraudsters and drug smugglers, to celebrities and professional athletes.
    The data

    The Panama Papers include approximately 11.5 million documents – more than the combined total of the Wikileaks Cablegate, Offshore Leaks, Lux Leaks, and Swiss Leaks. The data primarily comprises e-mails, pdf files, photo files, and excerpts of an internal Mossack Fonseca database. It covers a period spanning from the 1970s to the spring of 2016.
    http://panamapapers.sueddeutsche.de/...b8d3c3495adf4/

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    Default Re: The Panama Papers: the secrets or dirty money

    Good gried. Everyone seems to have known about this outfit. !
    “ We cannot withdraw our cards from the game. Were we as silent and mute as stones, our very passivity would be an act. ”
    — Jean-Paul Sartre

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    Default Re: The Panama Papers: the secrets or dirty money

    Times

    An Irish company with a registered address in Drumcondra, Dublin, has acted as a sales agent in the Philippines, India and elsewhere for customers that include one of the world’s largest aerospace and defence conglomerates, the leaked files of the Mossack Fonseca (MF) law firm reveal.
    The company, Intertrade Projects Consultants Ltd, with a registered address on Botanic Avenue, Dublin, has also entered into subagency agreements with a succession of offshore companies through which it agreed to share the commissions earned from any sales achieved. Such structures are considered controversial in the arms sector because of their potential to facilitate bribery.

    http://www.irishtimes.com/business/p...iant-1.2596904
    Politics is the gentle art of getting votes from the poor and campaign funds from the rich, by promising to protect each from the other. ~Oscar Ameringer

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    Default Re: The Panama Papers: the secrets or dirty money

    Times

    An Irish company with a registered address in Drumcondra, Dublin, has acted as a sales agent in the Philippines, India and elsewhere for customers that include one of the world’s largest aerospace and defence conglomerates, the leaked files of the Mossack Fonseca (MF) law firm reveal.
    The company, Intertrade Projects Consultants Ltd, with a registered address on Botanic Avenue, Dublin, has also entered into subagency agreements with a succession of offshore companies through which it agreed to share the commissions earned from any sales achieved. Such structures are considered controversial in the arms sector because of their potential to facilitate bribery.

    http://www.irishtimes.com/business/p...iant-1.2596904
    Politics is the gentle art of getting votes from the poor and campaign funds from the rich, by promising to protect each from the other. ~Oscar Ameringer

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    Default Re: The Panama Papers: the secrets or dirty money

    Quote Originally Posted by C. Flower View Post
    Good gried. Everyone seems to have known about this outfit. !

    To think that David Cameron and Barack Obama will do more than just tinker around the edges of this, as the Guardian seems to imply otherwise, is naïve in the extreme. Both countries whole economies rely on the kind of practices exposed in the Panama Papers for their stability.

    Furthermore, to even think for one second that the Guardian (hypocritical in the extreme, when they themselves avoided tax not so long ago), and the International Consortium of Investigative Journalists (who are funded by corporatists the Ford Foundation, the Carnegie Endowment, Kellogg’s and the Rockefellers – HT to Craig Murray for the quick work) are going to make any more of this than turn it into a propaganda exercise against the West’s cartoon, make-believe enemies, is deluded.
    http://www.consented.co.uk/read/pana...anges-nothing/
    "If you go far enough to either extreme of the political spectrum, Communist or fascist, you'll find hard-eyed men with guns who believe that anybody who doesn't think as they do should be incarcerated or exterminated. " - Jim Garrison, Former DA, New Orleans.

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    Default Re: The Panama Papers: the secrets of dirty money

    Drumcondra, eh?

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    Default Re: The Panama Papers: the secrets of dirty money

    Quote Originally Posted by Sidewinder View Post
    Drumcondra, eh?
    Interesting, that. Could be coinky-dink. Odd location for that kind of an office though.
    "If you go far enough to either extreme of the political spectrum, Communist or fascist, you'll find hard-eyed men with guns who believe that anybody who doesn't think as they do should be incarcerated or exterminated. " - Jim Garrison, Former DA, New Orleans.

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    Default Re: The Panama Papers: the secrets of dirty money

    Remember the days when Albert had to get the government jet to make an unscheduled stop in the Bahamas? Simpler times.
    ;-)

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    Default Re: The Panama Papers: the secrets of dirty money

    A search of this site for the International Consortium of Investigative Journalists brings up an interesting pattern of exposures.

    Your blogger is on the ball, Pluralist. It's not only the data, it's who gets put in the headlines.

    Yes, Russia (for example) is as corrupt as hell – this is by no-means a surprise. Nor is the fact that former Prime Ministers of Iraq, Jordan and Qatar are named, along with the current President of Ukraine, the Kind of Saudi Arabia and the President of Argentina. It comes as little shock the Lord Ashcroft was named (I thought this was well-known), or Baroness Sharples – or even that David Cameron’s Father has been implicated.

    In fact, none of the names “named” are really shocking – these are all avid supporters and middle-men for the corporatist system we live under. So a few reputations will look a bit shady for a while. Big deal.
    This, as far as I can see, will go no further to addressing the underlying problem – that it’s not really individuals, but the system and the corporations at the top of it, that need razing.
    Are Chevron going to be mauled, for example? The 16th biggest corporation worldwide, operating in 180 different countries, with assets of $266bn – who run a staggering 264 (yes – two hundred and sixty-four) different subsidiaries out of Bermuda, covering every country on the planet and more?
    Are companies like Vanguard and BlackRock, two of the most notorious crony corporatist organisations on the planet, going to be forced to change their ways and stop investing in both sides of every war, industrial battle and exploitative profit-making exercise?
    I heard a talk a couple of years back by a favoured child of the ICIJ, running a well funded 'alternative' news website in a South American state, the 'Vice' type website that has become common: butter would not melt in her sweet mouth, as she told us how in passing how a young mother from a rural village who had given her an interview on corporate environmental destruction was shot dead in the face a couple of days later. She didn't miss a beat but moved on to how well the soccer coverage was going down, no mention of how she felt about having used the woman's photo, identifiably. It still chills me to think about it.
    “ We cannot withdraw our cards from the game. Were we as silent and mute as stones, our very passivity would be an act. ”
    — Jean-Paul Sartre

  12. #12
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    Default Re: The Panama Papers: the secrets of dirty money

    who needs Wikileaks now?

    this is bigger than Wikileaks 2010 and Snowden 2013.
    Last edited by random new yorker; 03-04-2016 at 11:42 PM.

  13. #13
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    Default Re: The Panama Papers: the secrets of dirty money

    the father of David Cameron is listed

  14. #14
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    Default Re: The Panama Papers: the secrets of dirty money

    Prime ministers, kings and Presidents, let us list a few

    Ilham Aliyev - Azerbajan Prez
    KING SALMAN BIN ABDULAZIZ BIN ABDULRAHMAN AL SAUD
    Nawaz Sharif - Paquistani PM
    Sigmundur Davíð Gunnlaugsson - PM Iceland
    Brother in law of President Xi
    Ian Cameron - father of David Cameron, current UK PM
    Ayad Allawi - former Iraqi PM
    PETRO POROSHENKO - President of Ukraine


    etc

    fun <3

    The famous Politicos in the wikileaks of the mega-rich
    Last edited by random new yorker; 03-04-2016 at 11:58 PM.

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    Default Re: The Panama Papers: the secrets of dirty money

    Corporate Media Gatekeepers Protect Western 1% From Panama Leak 26
    3 Apr, 2016 in Uncategorized by craig


    Whoever leaked the Mossack Fonseca papers appears motivated by a genuine desire to expose the system that enables the ultra wealthy to hide their massive stashes, often corruptly obtained and all involved in tax avoidance. These Panamanian lawyers hide the wealth of a significant proportion of the 1%, and the massive leak of their documents ought to be a wonderful thing.

    Unfortunately the leaker has made the dreadful mistake of turning to the western corporate media to publicise the results.
    In consequence the first major story, published today by the Guardian, is all about Vladimir Putin and a cellist on the fiddle. As it happens I believe the story and have no doubt Putin is bent.

    But why focus on Russia? Russian wealth is only a tiny minority of the money hidden away with the aid of Mossack Fonseca. In fact, it soon becomes obvious that the selective reporting is going to stink.

    The Suddeutsche Zeitung, which received the leak, gives a detailed explanation of the methodology the corporate media used to search the files. The main search they have done is for names associated with breaking UN sanctions regimes. The Guardian reports this too and helpfully lists those countries as Zimbabwe, North Korea, Russia and Syria. The filtering of this Mossack Fonseca information by the corporate media follows a direct western governmental agenda. There is no mention at all of use of Mossack Fonseca by massive western corporations or western billionaires – the main customers. And the Guardian is quick to reassure that “much of the leaked material will remain private.”

    What do you expect? The leak is being managed by the grandly but laughably named “International Consortium of Investigative Journalists”, which is funded and organised entirely by the USA’s Center for Public Integrity. Their funders include

    Ford Foundation
    Carnegie Endowment
    Rockefeller Family Fund
    W K Kellogg Foundation
    Open Society Foundation (Soros)

    among many others. Do not expect a genuine expose of western capitalism. The dirty secrets of western corporations will remain unpublished.
    https://www.craigmurray.org.uk/archi...m-panama-leak/
    "If you go far enough to either extreme of the political spectrum, Communist or fascist, you'll find hard-eyed men with guns who believe that anybody who doesn't think as they do should be incarcerated or exterminated. " - Jim Garrison, Former DA, New Orleans.

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