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The Panama Papers: How The World's Rich And Powerful Hide Their Money
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Late one evening investigative journalist Bastian Obermayer receives an anonymous message offering him access to secret data. Through encrypted channels he then receives documents showing a mysterious bank transfer for $500 million in gold. This is just the beginning. Obermayer and fellow Süddeutsche Zeitung journalist Frederik Obermaier find themselves immersed in a secret world where complex networks of shell companies help to hide people who don't want to be found. Faced with the largest data leak in history, they activate an international network of journalists to follow every possible line of enquiry. Operating for over a year in the strictest secrecy, they uncover a global elite living by a different set of rules: prime ministers, dictators, oligarchs, princelings, sports officials, big banks, arms smugglers, mafiosi, diamond miners, art dealers and celebrities. The real-life thriller behind the story of the century, The Panama Papers is an intense, pause-resisting account that blows their secret world wide open.

Audible Audio Edition

Listening Length: Not yet known

Program Type: Audiobook

Version: Unabridged

Publisher: Audible Studios

Scheduled Audible.com Release Date: October 6, 2016

Language: English

ASIN: B01L0NJFEW

Best Sellers Rank: #75 in Books > Biographies & Memoirs > True Crime > White Collar Crime #317 in Books > Audible Audiobooks > Nonfiction > True Crime #890 in Books > Audible Audiobooks > Politics & Current Events

"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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