Upload
syed-jamal-ahsan
View
19
Download
9
Embed Size (px)
Citation preview
The Panama Papers:Why They Matter?
By:Syed Jamal Ahsan (CRN: 81960)
Prepared & presented by: Syed Jamal Ahsan (CRN: 81960)
What is Panama papers?
11.5MDocuments leaked
214,488+Enities involved
2.6Terabytes (TB)
BIGGESTData leak of history
200+Countries/Territories involved
12Current or former country leaders involved
+ +100
Other Media partners
Source: International Consortium of Investigative Journalists (ICIJ)
Law firms’s 40 years documents leaked by an anonymous source John Doe
Prepared & presented by: Syed Jamal Ahsan (CRN: 81960)
Who is named?
King of Saudia Arabia
Iceland’s Prime Minister Children of PM Nawaz Sharif
and many more …
Father of British Prime Minister
Prepared & presented by: Syed Jamal Ahsan (CRN: 81960)
Is forming an offshore company illegal?Well, technically speaking, no.
But is it either?ethicaldodgeFact is, many use them to taxes and hide proceeds from
activities. criminal
Prepared & presented by: Syed Jamal Ahsan (CRN: 81960)
Why they matter?
Terrorism financing• How extremists became so powerful to topple a government and impose self-caliphate?
• “… breeding crime and stripping national treasuries of tax revenues.” — ICIJ
Prepared & presented by: Syed Jamal Ahsan (CRN: 81960)
Fraudsters, Drug Traffickers and Mafias• They form a considerable chunk of illicit off-shore structure
•“A drug boss set up a fake charity … and several shell corps donated generously.” — Irish Times
Why they matter?
Prepared & presented by: Syed Jamal Ahsan (CRN: 81960)
Our money against us• “World leaders who have embraced anti-corruption moves feature in the leaked documents.” — ICIJ
• “One of those companies supplied fuel for the aircraft that Syrian government used to bomb and kill thousands of its own citizens.” — ICIJ
Why they matter?
Prepared & presented by: Syed Jamal Ahsan (CRN: 81960)
Why they matter?
Prepared & presented by: Syed Jamal Ahsan (CRN: 81960)
panamapapers.icij.org
For more details
Prepared & presented by: Syed Jamal Ahsan (CRN: 81960)
Thank you