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Because of the amount of data, SZ asked the International Consortium of Investigative Journalists (ICIJ) for help. Journalists from 107 media organizations in 80 countries analyzed documents detailing the operations of the law firm. After more than a year of analysis, the first news stories were published on April 3, 2016, along with 150 of the documents themselves.
Reporters sorted the documents into a huge file structure containing a folder for each shell company, which held the emails, contracts, transcripts, and scanned documents Mossack Fonseca had generated while doing business with the company or administering it on a client's behalf. Some 4.8 million leaked files were emails, 3 million were database entries, 2.2 million PDFs, 1.2 million images, 320,000 text files, and 2242 files in other formats.
Additional stories based on this data are in the works, and the full list of companies is to be released in early May 2016. The ICIJ later announced the release on May 9, 2016 of a searchable database containing information on over 200,000 offshore entities implicated in the Panama Papers investigation and more than 100,000 additional companies implicated in the 2013 Offshore Leaks investigation. Mossack Fonseca asked the ICIJ not to publish the leaked documents from its database."We have sent a cease and desist letter to the ICIJ facing the announcement to release on May 9, the information from our database," the company said through a statement.
The sheer quantity of leaked data greatly exceeds the WikiLeaks Cablegate leak in 2010 (1.7 GB), Offshore Leaks in 2013 (260 GB), the 2014 Lux Leaks (4 GB), and the 3.3 GB Swiss Leaks of 2015. For comparison, the 2.6 TB of the Panama Papers equals 2,600 GB.
originally posted by: IgnoranceIsntBlisss
April 2016: The mega bombshell "Panana Papers" leaks goes public.
"The Panama Papers is one of the biggest leaks in history. Substantially larger than WikiLeaks’ 2010 release of U.S. diplomatic cables or Edward Snowden’s 2013 release of NSA files, the leak consists of 11.5m documents from the world’s fourth-largest offshore law firm, Mossack Fonseca. At a massive 2.6 terabytes in size, the Panama Papers reveal information about 214,000 companies. ...Among those implicated in the scandal are arms traders, human traffickers, drug dealers, con artists and 143 politicians — a veritable Who’s Who of global leaders, including 12 current or former heads of state, along with their families and friends. ...King Salman of Saudi Arabia and Petro Poroshenko, president of Ukraine, both of whom are close Western allies, are directly implicated in the corruption." www.salon.com... raffickers_and_drug_dealers/
"The data provides rare insights into a world that can only exist in the shadows. It proves how a global industry led by major banks, legal firms, and asset management companies secretly manages the estates of the world’s rich and famous: from politicians, Fifa officials, fraudsters and drug smugglers, to celebrities and professional athletes." panamapapers.sueddeutsche.de... "Among national leaders with offshore wealth are Nawaz Sharif, Pakistan’s prime minister; Ayad Allawi, ex-interim prime minister and former vice-president of Iraq; Petro Poroshenko, president of Ukraine; Alaa Mubarak, son of Egypt’s former president; and the prime minister of Iceland, Sigmundur Davíð Gunnlaugsson.
In the UK, six members of the House of Lords, three former Conservative MPs and dozens of donors to British political parties have had offshore assets." www.theguardian.com... "Jurgen Mossack’s family landed here in the 1960s. During World War II, his father had served in the Nazi Party’s Waffen-SS, according to U.S. Army intelligence files obtained by the ICIJ. Once in Panama, the elder Mossack offered to spy on communists in Cuba for the CIA." www.zerohedge.com...
Panama Papers: Denmark to pay $1.3M-plus for leaked data to probe tax evasion
Danish move may help make public interest whistleblowing more acceptable.
Tax officials in Denmark are reportedly paying an unknown source around £1 million (~$1.3M) for secret financial information on hundreds of Danish nationals.
Their names appear in the Panama Papers, leaked earlier this year, which consist of 11.5 million files from the database of Mossack Fonseca—the world's fourth biggest offshore law firm.
This is the first time, according to Danish newspaper Politiken, that Denmark has agreed to buy information on possible tax evaders in this way. Denmark also seems to be the first country to admit that it's acquiring data from a source with access to the leaked Mossack Fonseca documents. [Update: apparently Iceland made an earlier deal—see comment below.]
Recent ICIJ funders include: Adessium Foundation, Open Society Foundations, The Sigrid Rausing Trust, the Fritt Ord Foundation, the Pulitzer Center on Crisis Reporting, The Ford Foundation, The David and Lucile Packard Foundation, Pew Charitable Trusts and Waterloo Foundation.
originally posted by: and14263
a reply to: CatandtheHatchet
This whole thing again. Nobody will listen to you.
These papers were sifted through by the very same people who censor our news and push banker/oil/big corp agendas down our throats. Just because they are part of an 'independent' body ... that means nothing.
The whole Panama Papers thing was deflection and damage limitation. But the good old people of ATS will tell you different... I shouldn't have clicked on here.