{"id":4780,"date":"2018-07-27T00:00:00","date_gmt":"2018-07-27T00:00:00","guid":{"rendered":"https:\/\/amabhungane.org\/amabhungane\/stories\/the-paradise-papers-revealing-financial-secrets-of-the-worlds-wealthiest-1\/"},"modified":"2024-09-21T18:46:07","modified_gmt":"2024-09-21T18:46:07","slug":"the-paradise-papers-revealing-financial-secrets-of-the-worlds-wealthiest-1","status":"publish","type":"post","link":"https:\/\/further.co.za\/amabwp\/the-paradise-papers-revealing-financial-secrets-of-the-worlds-wealthiest-1\/","title":{"rendered":"The Paradise Papers: revealing financial secrets of the world&#8217;s wealthiest 1%"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The leaked trove of documents, dubbed the Paradise Papers, contain 13.4-million records that highlight damning cases of tax abuse and questionable business practices involving multinational companies, high level politicians, celebrities, wealthy executives and even royals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The data dates from 1950 to 2016 and includes emails and loan agreements from more than 25,000 entities in 180 countries. Included in the data are never-before-seen details of corporate registries in 19 countries infamous for ensuring high levels of secrecy \u2013 key nodes in the global shadow economy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The leaks were obtained by German newspaper <a href=\"http:\/\/www.sueddeutsche.de\/\" target=\"_blank\" rel=\"noopener\">S\u00fcddeutsche Zeitung<\/a> and shared with the <a href=\"https:\/\/www.icij.org\/\" target=\"_blank\" rel=\"noopener\">International Consortium of Investigative Journalists<\/a> and a network of more than 380 journalists in 67 countries including amaBhungane and <em>Business Day<\/em> in South Africa.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"http:\/\/amabhungane.co.za\/article\/2017-11-06-paradise-papers-sa-names-aplenty-in-massive-new-tax-haven-leak\" target=\"_blank\" rel=\"noopener\">6 November 2017 Paradise Papers: SA names aplenty in massive new tax haven leak<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"http:\/\/amabhungane.co.za\/article\/2017-11-08-new-leaked-papers-show-tax-avoidance-by-super-rich\" target=\"_blank\" rel=\"noopener\">8 November 2017 New leaked papers show tax avoidance by super rich<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"http:\/\/amabhungane.co.za\/article\/2017-11-08-paradise-papers-how-an-island-and-ireland-aided-apples-megaprofits#\" target=\"_blank\" rel=\"noopener\">8 November 2017 Paradise Papers: how an island and Ireland aided Apple&#8217;s megaprofits<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"http:\/\/amabhungane.co.za\/article\/2017-11-08-paradise-papers-nikes-tax-burden-so-soft-it-hardly-makes-a-swoosh\" target=\"_blank\" rel=\"noopener\">8 November 2017 Paradise Papers: Nike\u2019s tax burden so soft it hardly makes a swoosh<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"http:\/\/amabhungane.co.za\/article\/2017-11-13-the-ships-glencore-wanted-to-keep-hush-hush\" target=\"_blank\" rel=\"noopener\">9 November 2017 The ships Glencore wanted to keep \u2018hush hush\u2019<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"http:\/\/amabhungane.co.za\/article\/2017-11-09-exposed-the-south-africans-named-in-the-paradise-papers\" target=\"_blank\" rel=\"noopener\">9 November 2017 Exposed: The South Africans named in the Paradise Papers<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"http:\/\/amabhungane.co.za\/article\/2017-11-09-paradise-papers-ramaphosas-shanduka-deal-flop\" target=\"_blank\" rel=\"noopener\">9 November 2017 Paradise Papers: Ramaphosa\u2019s Shanduka deal flop<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"http:\/\/amabhungane.co.za\/article\/2017-11-09-paradise-papers-spar-blames-the-rand\" target=\"_blank\" rel=\"noopener\">9 November 2017 Paradise Papers: Spar blames the rand<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"http:\/\/amabhungane.co.za\/article\/2017-11-09-paradise-in-mauritius\" target=\"_blank\" rel=\"noopener\">9 November 2017 Paradise in Mauritius<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"http:\/\/amabhungane.co.za\/article\/2017-11-09-dummies-guide-to-the-paradise-papers\" target=\"_blank\" rel=\"noopener\">9 November 2017 Dummies&#8217; guide to the Paradise Papers<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"http:\/\/amabhungane.co.za\/article\/2017-11-09-mauritius-the-apple-of-aspens-eye\" target=\"_blank\" rel=\"noopener\">9 November 2017 Mauritius the apple of Aspen\u2019s eye<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"http:\/\/amabhungane.co.za\/article\/2017-11-09-who-exactly-is-appleby\" target=\"_blank\" rel=\"noopener\">9 November 2017 Who exactly is Appleby?<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"http:\/\/amabhungane.co.za\/article\/2017-11-13-tax-haven-mauritius-rise-comes-at-the-rest-of-africas-expense\" target=\"_blank\" rel=\"noopener\">13 November 2017 Tax haven Mauritius\u2019 rise comes at the rest of Africa\u2019s expense<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Millions of leaked records highlight damning cases of tax abuse involving multinational companies, high level politicians and even royals.<\/p>\n","protected":false},"author":2,"featured_media":25205,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[58,59],"class_list":["post-4780","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stories","tag-paradise-papers","tag-tax-haven"],"acf":[],"_links":{"self":[{"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/posts\/4780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/comments?post=4780"}],"version-history":[{"count":5,"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/posts\/4780\/revisions"}],"predecessor-version":[{"id":30454,"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/posts\/4780\/revisions\/30454"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/media\/25205"}],"wp:attachment":[{"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/media?parent=4780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/categories?post=4780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/further.co.za\/amabwp\/wp-json\/wp\/v2\/tags?post=4780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}