On Monday, in a major international investigation, Four Corners will reveal the secrets of the Pandora Papers.
“We’re talking about presidents, we’re talking about prime ministers. We’re talking about rock stars. We’re talking about porn stars and people that have been convicted of crimes all over the world.”
“We’re able to see how this parallel universe really works in a way we’ve never been able to before.” Gerard Ryle, ICIJ
For months, more than 600 journalists from around the world, including the ABC, the Washington Post and the BBC, have been working with the International Consortium of Investigative Journalists on a top-secret investigation.
“If you’re willing to turn a blind eye to who you’re dealing with and where their money might have come from, I think there’s very good money to be made, sadly.” Former Australian police investigator
Their focus has been the world of offshore finance where maximum privacy is guaranteed for wealthy clientele.
“It is relatively easy to be tempted to get involved in offshore tax arrangements…They’re not clever. They’re not harmless. They victimise the entire Australian society.” Deputy Commissioner, Australian Tax Office
Despite authorities around the world promising to close loop holes and crack down on the myriad of offshore services, the investigation shows how this industry is flourishing.
“They pay the fine, and then it’s just business as usual.” Financial integrity specialist
What emerges is a portrait of a parallel world that provides benefits the average taxpayer can only dream of.
“The outrage that would be expressed by Australians if they knew…I think they’d be furious about that.” Australian Senator
As part of this major investigation, a series of podcasts from the ABC’s Background Briefing will be published on Monday.
The Pandora Papers, reported by Elise Worthington, goes to air on Monday 4th October at 8.30pm on ABC and iview.
It is replayed on Tuesday 5th October at 1.00pm and Wednesday 6th at 11.20pm. It can also be seen on ABC NEWS channel on Saturday at 8.10pm AEST, ABC iview and at abc.net.au/4corners
