Despite so many government promises, we’ve ended up with inadequate laws and toothless regulation. The Pandora papers show why urgent action is needed
The Pandora papers data leak has once again highlighted the predatory practices of the world’s political and financial elites – enriching themselves by looting the public purse, or exploiting laws which they themselves helped to establish.
Aabout $3.6tn (£2.6tn) of the proceeds from bribery, embezzlement, money laundering, tax evasion and cronyism are laundered each year, undermining the social fabric of nations across the globe.
Lord Sikka is an emeritus professor of accounting at the University of Essex and the University of Sheffield
The Pandora papers
Join Guardian head of investigations, Paul Lewis, and guests in this special livestreamed event looking into the Pandora papers revelations on Monday 18 October, 8pm BST | 9pm CEST | 12am PDT | 3pm EDT. Book tickets here