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Leading politicians, governments, and elites from all over the world have been roiled by the largest-ever ICIJ investigation, which changed the global conversation on tax havens and financial crime.
With the addition of more than 15,000 companies, foundations and trusts, ICIJ’s Offshore Leaks database now has information on more than 800,000 entities registered in secrecy jurisdictions coming from five different investigations.
Alongside politicians and billionaires, the Pandora Papers reveals how the rich and famous also make use of offshore havens, from Jackie Shroff to Shakira, Ringo Starr to Sachin Tendulkar.
Linked to offshore assets: Shakira, Sachin Tendulkar, Claudia Schiffer.
Shakira did it. So did Ringo Starr, Claudia Schiffer, Julio Iglesias and cricket legend Sachin Tendulkar.
They have all set up companies “offshore,” in places like the British Virgin Islands (BVI), where tax rates are low or zero and where their businesses — and their identities — are hidden from the public.