zondag 13 mei 2018

Investigating the ‘bastards’ & Offshore laws remain ‘weak’


Yesterday’s story that the U.K. would force their territories (including the British Virgin Islands and Cayman Islands) to disclose the true owners of companies shows the impact our investigations can have. (Remember, all our work is funded by donations!)

It’s big, but it’s certainly not all we have for you this week!

When Mossack Fonseca co-founder Jurgen Mossack realized his firm was representing an offshore company owned by drug lord Rafael Caro Quintero, they quickly dropped Quintero’s business.

Mossack said the notorious Colombian drug lord Pablo Escobar was “a baby” compared with Quintero and was worried he might come knocking (you can read the email yourself!) Now, the FBI has posted a $20 million reward for information on Quintero and added him to their top-10 most wanted list. The notorious drug lord is wanted in relation to a kidnapping and murder from 1985. Maybe Mossack’s fear was warranted...
This week we also speak with ICIJ co-founder Chuck Lewis who has won a prestigious award for his work fostering investigative journalism. He tells us why he’s devoted so much time to developing journalism, and that journalistic independence means “investigating the bastards, whoever they are.” Here, here Chuck! 

Until next week!

Amy Wilson-Chapman
P.S. We're about to tweak our weekly email. So you might see a change in our weekly newsletter, hopefully for the better!
More than two years since the Panama Papers was first released, and what have countries done to combat offshore finance? Not much according to a new report from Transparency International.
Chuck Lewis, ICIJ founder, has been honored with the I.F. Stone medal. To mark the achievement we talk to Lewis about the importance of “truth telling” and journalistic independence - and how that means “investigating the bastards.”
Rafael Caro Quintero was just one shady character founded in the Panama Papers, but he might be the first to have made the FBI’s most wanted list.
The U.K. will force its overseas territories, including some well-known corporate secrecy havens, to reveal the names of company owners in these locations.
Take a look inside the close-knit world of offshore secrecy and the role of global giants like KPMG.
Our Indian member talks about how to overcome the challenge of a "virtual" global newsroom.
Forbidden Stories plans to publish stories that Daphne Caruana Galizia was unable to finish herself.
Dominican Republic journalist Alicia Ortega Hasbun on the threats she received after her reporting.
Our Mexican partners worked through the 2017 earthquake to complete the global investigation.
ICIJ got a good start to the year, with three grants to support general operations and two projects.
Two years on, the investigation changed the way the world understood offshore finance.
Here are 11 things we were surprised to learn from the stories that followed.
Indonesian companies will be forced to disclose their real owners in new corporate transparency rules.
Our Beirut-based partner reflects on what it was like to collaborate across the world.
The offshore law firm at the heart of the Panama Papers will close all its offices by the end of March.
Bahamas, US Virgin Islands and St. Kitts and Nevis were added to the EU blacklist, bringing the list to nine.
Cross-border collaboration can help journalists in repressive nations fight back, says our Thai member.
The European Commission is taking action against member states failing to collect sufficient tax on yachts.