The Pandora Papers and the Threat to Democracy
In demonstrating how some of the world’s most powerful people hide their wealth, the Pandora Papers have exposed the details of a global system whose basic contours were already well known. Property laws have long been written by and for the wealthy, giving the public ample reason to suspect that the system is rigged.
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NEW YORK – The “Pandora Papers,” a new investigation led by the International Consortium of Investigative Journalists, has fueled outrage around the world. Politicians, businesspeople, sports stars, and cultural icons have been caught in the act of hiding their wealth and lying about it. But how likely is a reckoning for the lawyers and accountants who helped them?