These schemes are an invitation to dodge taxes and accept bribes. And as the Pandora papers show, they’re thriving
If it feels as if the secrets revealed by the Pandora papers – the biggest ever leak of offshore data – are familiar, that’s because they are.
A Ukrainian president, a former British prime minister, a friend of Vladimir Putin, they all featured in the Panama papers – which uncovered the financial information of more than 200,000 offshore businesses – back in 2016. Here we are five years later, reading about them all over again.