ubi
The Icarian
bovaz
Mike Taylor 🦕@theicarian Not to argue the core point of this post, but who was murdered? Bastian Obermayer, who broke the news, is still alive; "John Doe", who supplied the information, remains anonymous, so far as I can gather.
Annelies Kamran, Ph.D.@mike @theicarian it's referring to Galizia's murder: https://en.wikipedia.org/wiki/Daphne_Caruana_Galizia
@akamran @theicarian Thank you.
Mans R@mike @akamran @theicarian The Danish government bought a copy of the data so they could go after tax evaders. Don't know what happened after that.
Corpomancer@mansr @mike @akamran @theicarian
As per: 06. January 2025
"No charges from Panama Papers’ purchase."
"This purchase ultimately led to invoices totaling over 430 million kroner, which they expect to be largely paid."
Source: https://danishnews.ritzau.com/article/6d0eb1a6-ada7-42d8-bad9-5895e78036dd4
@akamran @corpomancer @mike @theicarian Sounds like they did what they could with the information and got a good return on the investment. Disappointing that they couldn't bring criminal charges of course.
@mansr @akamran @corpomancer @theicarian Better than nothing, but 430M DKR is not a lot of money in terms of what's in play here.
@mike @akamran @corpomancer @theicarian Probably because most of the tax evasion is perfectly legal, unfortunately.
@mansr @akamran @corpomancer @theicarian I believe that tax evasion is illegal by default; tax *avoidance* is legal, and it is the job of tax lawyers to help their clients maximise avoidance while avoiding evasion.
@mike @akamran @corpomancer @theicarian I think you're right about that. Nomenclature aside, the problem is that if you can afford to hire a few accountants and pay some setup fees for shell companies or whatever, you can legally dodge almost any amount in tax. In other words, if you make enough money that you could easily afford the taxes, you don't have to pay them. Really quite disgusting.
@ NovaNaturalist🇨🇦🇩🇰🇬🇱🇵🇦🇲🇽🇱🇸🇳🇫🇺🇦🏳️🌈 #FBPE@theicarian there were some more changes. One corporate wealth avoidance consultant got out of the business, and now has to put up with being the Premier of Nova Scotia.
Buck@theicarian Wow. I didn't even realize she was murdered.
Robin@theicarian Malta responsible for assassination of journalist Daphne Caruana Galizia, inquiry finds
Malta responsible for assassination of journalist Daphne Caruana Galizia, inquiry finds - ICIJ
The government created an “atmosphere of impunity” and failed to protect Galizia from threats over her writing on political corruption and organized crime, the inquiry said.
Vengeur Masqué@robchapman @theicarian Has anybody been arrested or judged for her murder?
Everyone except for the person that is alleged to have masterminded it.
https://rsf.org/en/malta-after-new-conviction-murder-daphne-caruana-galizia-rsf-calls-full-justice-and-strong-measures
@theicarian
Malta: after a new conviction for the murder of Daphne Caruana Galizia, RSF calls for full justice and strong measures to protect journalists
Reporters Without Borders (RSF) urges the Maltese authorities to ramp up efforts toward convicting the mastermind and to implement the press freedom recommendations resulting from the public inquiry that followed the murder.
Maximilian Overdraft, Esq. ES@theicarian "Nothing was done" because no one and no institution took public action to even update their tax code. And when the Biden administration started to enforce the law on the wealthy, those kajillionaire tax cheats made sure the IRS became salted earth as to future enforcement.
Discreet Elite@theicarian we member
crazyeddie@theicarian Estonian e-residency lets you open a business in Estonia.
Sheeb@theicarian Well that's because the Panama Papers were less about exposing American oligarchs and more about unveiling how Russia was circumventing US sanctions in Europe specifically so the US could weaken Putin. The rest was window dressing.
The ICIJ is a US government carveout. Why would it ever bite the hand that feeds it?
Marco@theicarian The US Republicans also defunded their IRS ...
MostlyTato@theicarian
Nothing to see here, move along, move along...not you, you bastard you are for it!
Nothing to see here, move along, move along...not you, you bastard you are for it!
Venc Dvorak@theicarian Was it legal or not?
-0--1-@theicarian Yes, a journalist who worked on the Panama Papers investigation was murdered with a car bomb.
Daphne Caruana Galizia, a Maltese journalist, was killed by a car bomb on October 16, 2017. She was a prominent investigative journalist in Malta and had reported extensively on corruption, including stories related to the Panama Papers. Her murder sparked international outrage and investigations.
Pēteris Krišjānis@_9CL7T9k8cjnD_ @theicarian thank you for reminder 😢
Justin Derrick@theicarian This is nearly 5 years out of date.
https://en.wikipedia.org/wiki/Panama_Papers#Allegations,_reactions,_and_investigations
vrtxd@theicarian This viral post does not seem to be true. https://eu.usatoday.com/story/news/factcheck/2021/10/07/fact-check-journalist-killed-bomb-not-part-panama-papers-probe/6018595001/
Quinn 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.
millennial falcon@com @theicarian what an excellent and welcome correction, merci QC.
Not🐧A🐧Convicted🐧Felon@com @theicarian Still the tip of the (rapidly melting) iceberg.
Lily Star@com @theicarian ... and then they murdered the reporter.
Jigme Datse@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.
ECHAEA@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.
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.
overflo 🦐@theicarian
cum-ex
Never forget.
B.o.B.@theicarian Don't forget Brexit!
Rasmus Lindegaard@theicarian tax the rich, damn it!
Yora@theicarian That's kleptocracy.
Lincoln Pines@theicarian And! Some of our leaders and most influential celebrities had a spotlight on them, and people's response was to...shrug and go their merry way. No outrage. No calls for justice. These leaders were actually rewarded.
HandyAuntJo@theicarian
OK, I don't recall the car bomb part, but I do remember the info release.
OK, I don't recall the car bomb part, but I do remember the info release.