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The Panama Papers: Breaking The Story Of How The Rich And Powerful Hide Their Money
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"With precision and purpose, THE PANAMA PAPERS is what 'Follow the Money' means." —Bob Woodward, The Washington PostLate one evening, investigative journalist Bastian Obermayer receives an anonymous message offering him access to secret data. Through encrypted channels, he then receives documents revealing how the president of Argentina has sequestered millions of dollars of state money for private use. This is just the beginning.Obermayer and fellow Süddeutsche journalist Frederik Obermaier find themselves immersed in the secret world where complex networks of letterbox companies help the super-rich to hide their money. Faced with the contents of the largest data leak in history, they activate an international network of journalists to follow every possible line of inquiry. Operating in the strictest secrecy for over a year, they uncover cases involving European prime ministers and international dictators, emirs and kings, celebrities and aristocrats. The real-life thriller behind the story of the century, The Panama Papers is an intense, unputdownable account that proves, once and for all, that there exists a small elite living by a different set of rules and blows their secret world wide open.

File Size: 1088 KB

Print Length: 352 pages

Publisher: Oneworld Publications (June 18, 2016)

Publication Date: June 18, 2016

Sold by:  Digital Services LLC

Language: English

ASIN: B01H49D650

Text-to-Speech: Enabled

X-Ray: Not Enabled

Word Wise: Enabled

Lending: Not Enabled

Enhanced Typesetting: Not Enabled

Best Sellers Rank: #55,954 Paid in Kindle Store (See Top 100 Paid in Kindle Store) #11 in Kindle Store > Kindle eBooks > Biographies & Memoirs > True Crime > White Collar Crime #16 in Books > Biographies & Memoirs > True Crime > White Collar Crime #21 in Kindle Store > Kindle eBooks > History > World > Modern

"The Panama Papers" describe how two German journalists were approached and asked by an anonymous source if they were interested in some information/data. How could journalists say no? What unfolds throughout the rest of the book is a continuous flow of information, much of it only days old when received, that shows the shadowy world of tax havens, shell companies, and how many of the worlds criminals and "elite" are hiding and laundering their money while avoiding taxes as best they can. The revelations made here have had real world consequences seen throughout the media as hundreds of journalists simultaneously released their stories on individuals in dozens of nations. What started off as two journalists analyzing as much data as they could turned into a huge project with input from investigative journalists throughout the world, from Russia to South America, from Africa to England.The majority of the stories found in these chapters follow a similar path. We are presented with well-known figures (whether to the world or their localized area of the world) who have made shoddy deals, taken bribes, or given bribes, and tried to hide their cash off-shore, keeping as much of it as possible. At the center of it all is Mossack Fonseca, a Panamanian law firm run by a German and a Panamanian with ties to Panama's government. Whatever due diligence they claimed for the past few decades is shown to have been overlooked on a regular basis as everyone from Jurgen Mossack himself down to lower level employees regularly avoided well-known laws and due diligence in order to keep accounts active and provided options for avoiding whatever situation account holders presented Mossack Fonseca with.

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