The Pandora Papers: what’s in the box?
It’s been called the world’s biggest-ever data leak of the secretive financial affairs and offshore tax structures used by some of the world’s most rich and famous people, including celebrities like Elton John and Shakira and former British PM Tony Blair.
This week’s Pandora Papers eclipse in size the bombshell Panama Papers, which five years ago revealed the accounts of law firm Mossack Fonseca and led to the resignation of several world leaders and new laws designed to stamp out offshore tax evasion.
Four hundred Australians have been named and our Tax Office say it will examine the data for evidence of any illegal activity.
So, how exactly did this information come to light, and will any heads roll as a result?
Today on Please Explain, business investigative reporter Sarah Danckert joins Jess Irvine to discuss.
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