The IcarianJul 8, 2025
Show threadQuinn Comendant

@theicarian The Panama Papers led to:

- Over 82 countries launched investigations based on the revelations.
- By 2021, governments had recovered more than $1.36 billion in back taxes and penalties. https://www.icij.org/investigations/panama-papers/panama-papers-revenue-recovery-reaches-1-36-billion-as-investigations-continue/
- Iceland's Prime Minister Sigmundur Davíð Gunnlaugsson resigned.
- Pakistan's Prime Minister Nawaz Sharif was disqualified from office.
- Multiple countries implemented stricter financial transparency laws.
- The European Union created blacklists of tax havens.

Panama Papers revenue recovery reaches $1.36 billion as investigations continue - ICIJ

Five years after the Panama Papers were first published, authorities are still clawing back lost tax dollars and prosecuting wrongdoers exposed by the global investigation.

International Consortium of Investigative Journalists
Jul 8, 2025 at 10:35pmWeb
Show threadThe Long TailJul 10, 2025
@com @theicarian Still the tip of the (rapidly melting) iceberg.
Show threadLily StarJul 10, 2025
@com @theicarian ... and then they murdered the reporter.
Show threadJigme DatseJul 10, 2025
@com @theicarian Being in Canada, and having evidence (not strong enough to say that this is verifiably true) people caught up in these investigations were in many cases "avoiding" paying amounts of taxes such as $50. Often, the "reason" that the problem existed was low quality "tax preparators.". May be technically accountants. So... The "Hey our government is doing a great job here..." It's a good idea to look at the details of the "great job" being done. The reports you are talking about are the governments stating them, not reports that are based on those who were affected by these actions reporting the actions.
Show threadECHAEAJul 15, 2025
@com @theicarian
This is what I like about Fedi : there is most of the time someone who brings nuance to a simplistic and ill-informed stance.
And there is no algorithm to make it disappear in a cloud of nonsense.