8 years ago
3
There will be a huge new 'Panama Papers' data dump
The International Consortium of Investigative Journalists is about to unleash a huge data dump about how some of the world's wealthiest and most powerful people hide their cash. The group has already released a host of information regarding how major figures in politics and business store their wealth in tax havens. On Wednesday the ICIJ said in an email that on May 9 it would "publish what will likely be the largest-ever release...
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In my country are quite a legion of important people and industrials who use these constructions. Albeit legal, their incentive is to avoid tax paying and hide illegal streams of money, i.e. white-washing. The proposed investigations are nothing more than reading the results in the newspapers and putting it aside as a slight nuisance, a speck of dust. So, in my opinion this "trove of information" is a mere attempt to put attention to these activiteis. Of which we all knew for decades in the first place.
The release of this "trove of information" is also useless, since it is regulated by journalists of whom I think are not 100% sincere with the publishing of it. For instance, when they started to publish the information of some known figureheads here, they really toned down their language. Also, in the regular (mainstream) media, it hardly gets any attention of which I am not surprised, since they are obvious and blatant tools of propaganda for the government and their croonies.
Best thing they could do is publish all of the data, uncensored, including all the respective documents like copies of passports, numbers, communications, addresses and the likes. I know this could result in mass demonstrations, lynching and the throwing of pitchforks, but then again: with that amount of money withholding you wouldn't expect any less. It is censored from the start and serves just as a mere lollypop. To keep the peasants at stake.
I can't help but think this is a huge power play going on with the elites. This is a battle of Titans.
I don't see that this will accomplish anything since we have no power to make them change.