Background Briefing: October 4, 2021
The Pandora Papers Trove and South Dakota as an Onshore Haven For Dirty Money
We begin with the massive trove of leaked documents on offshore tax dodgers and kleptocrats published by the International Consortium of Investigative Journalists, “The Pandora Papers: Offshore Havens and Hidden Riches of World Leaders and Billionaires Exposed in Unprecedented Leak.” Joining us from the U.K. to discuss the inner workings of this shadow economy and the three Malibu beachfront mansions worth $68 million Jordan’s king secretly bought, the chateau on the French Riviera purchased by the Czech prime minister who ran as an anti-corruption candidate, and the $100 million Putin’s mistress has stashed offshore is Oliver Bullough. He is the author of Moneyland: Why Thieves and Crooks Now Rule the World and How to Take it Back and we discuss his article at The Guardian “The government promised to clamp down on shell companies. It has failed to do so” and how the state of South Dakota has become an onshore haven for dirty money.
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