The Paradise Papers With Amount Of Money And List Of Peoples Involved In It

Indian Mirchi

7 years ago

The Paradise Papers is a set of 13.4 million confidential electronic documents relating to offshore investment, which in some cases might have been used to conceal income from taxation, was leaked to the public on 5 November 2017. The documents originate from the offshore law firm Appleby, the corporate services providers Estera and Asiaciti Trust, and business registries in 19 tax jurisdictions. They contain the names of more than 120,000 people and companies.Among those whose financial affairs are mentioned are Queen Elizabeth II, the President of Colombia, Juan Manuel Santos and theU.S. Secretary of Commerce, Wilbur Ross. According to the Boston Consulting Group, the amount of money involved is around $10 trillion.
On October 20, 2017, an anonymous Reddit user hinted at the existence of the Paradise Papers. Later that month, the International Consortium of Investigative Journalists(ICIJ) approached the offshore law firm Appleby with allegations of wrongdoing. Appleby said that some of its data had been stolen in a cyberattack the previous year, and denied ICIJ’s allegations. After the documents were published, the company stated there was “no evidence of wrongdoing” and that they “…are a law firm which advises clients on legitimate and lawful ways to conduct their business”. “We do not tolerate illegal behaviour,” they stated.

The documents were acquired by the German newspaper Süddeutsche Zeitung, which also obtained the Panama Papers in 2016. The name “Paradise Papers” reflects the so-called tax havens, or “tax paradises” involved. The data comprises some 13.4 million documents—at about 1.4 terabytes in size—from two offshore service providers, Appleby and Asiaciti Trust, and from the company registers of 19 tax havens. In contrast to the Panama Papers, which involved only a single country, many countries were involved in this data leak. Süddeutsche Zeitung journalists contacted the ICIJ, which has been investigating the documents with 100 media partners. The consortium made the data available to said partners on a platform created specifically for the project, allowing journalists across the globe to do collaborative investigative work. The documents were released by the consortium on 5 November 2017.

Government officials

Current or former heads of state or government of their country as defined by their political position at the time of announcement, not whether the documents in the Papers relating to them coincided with their period of office.

Heads of state

Queen Elizabeth II

Elizabeth II, Queen of the United Kingdom and the other Commonwealth realms
Juan Manuel Santos, President of Colombia
Ellen Johnson Sirleaf, President of Liberia

Former heads of state

José María Figueres, former President of Costa Rica

Heads of government

Former German Chancellor Gerhard Schröder

Former heads of government

Shaukat Aziz, former Prime Minister of Pakistan
Jean Chrétien, former Prime Minister of Canada
Alfred Gusenbauer, former Chancellor of Austria
Yukio Hatoyama, former Prime Minister of Japan
Paul Martin, former Prime Minister of Canada
Brian Mulroney, former Prime Minister of Canada
Gerhard Schröder, former Chancellor of Germany
Hamad bin Jassim bin Jaber Al Thani, former Prime Minister of Qatar

Other government officials

Xavier Trias

Jon Huntsman Jr.

El Salvador

Carlos Quintanilla Schmidt, former Vice President of El Salvador

India

Ashok Gehlot, former Chief Minister of Rajasthan

Indonesia

Prabowo Subianto, chairman of the Great Indonesia Movement Party

Saudi Arabia

Khalid bin Sultan, former Deputy Minister of Defense

Spain

Xavier Trias, former Mayor of Barcelona

Ukraine

Valeriy Voshchevsky, former Vice Prime Minister of Ukraine

United States

Wesley Clark, former presidential candidate and Supreme Allied Commander Europe
Gary Cohn, director of the National Economic Council
Jon Huntsman Jr., Ambassador to Russia
Randal Quarles, Vice Chairman for Supervision of the Federal Reserve

Cabinet officials

Blairo Maggi

Wilbur Ross

Argentina

Luis Caputo, Minister of Finance

Brazil

Blairo Maggi, Minister of Agriculture
Henrique Meirelles, Minister of Finance

Kazakhstan

Mukhtar Ablyazov, former Minister of Energy and Trade
Beibut Atamkulov, Minister of Defence
Sauat Mynbayev, Minister of Oil and Gas

Kenya

Sally Kosgei, former Minister of Agriculture

Mexico

Alejandro Gertz Manero, former Secretary of Public Security

Uganda

Sam Kutesa, Minister of Foreign Affair

United States

Steven Mnuchin, Secretary of the Treasury
Penny Pritzker, former Secretary of Commerce
Wilbur Ross, Secretary of Commerce
Rex Tillerson, Secretary of State

Members of legislatures

Antanas Guoga

Michael Ashcroft

Canada

Leo Kolber, former member of the Senate

European Union

Antanas Guoga, Member of the European Parliament

India

Sachin Pilot, former member of Lok Sabha and former Minister of Corporate Affairs
Jayant Sinha, member of the Lok Sabha and Minister of State for Civil Aviation
Ravindra Kishore Sinha, member of the Rajya Sabha