The ‘Pandora Papers’ have once again revealed one of the biggest economic scourges of the 21st century: tax havens. The leak of some 12 million documents on the fortunes of powerful people and politicians around the planet, they have unveiled the networks that are built in the business world to move money fraudulently. According to the investigations carried out by the International Consortium of Investigative Journalists, made up of, among others, La Sexta, El País and elDiarioAR.com, the ‘Pandora Papers’ reveal the creation of more than 27,000 offshore companies, between 1971 and 2018, with some 30,000 beneficiaries. In Spain appear 751 opaque companies.
To analyze this issue in depth, elDiario.es and Fundación Alternativas hold the virtual debate ‘Tax havens: the great evasion of the 21st century’ next October 15 at 12:00. A discussion moderated by Ignacio Escolar, director of elDiario.es, in which they participate Diego López Garrido, Executive Vice President of the Alternativas Foundation, Susana ruiz, Head of Tax Justice for Oxfam International, Carmen Chamber, Professor of Tax Law at UDIMA and Emilia delfino, journalist for elDiarioAR.com and member of the International Consortium of Investigative Journalists (ICIJ).
The powerful characters with hidden fortunes are more than 330, with figures such as Sebastián Piñera, president of Chile; Dominique Strauss-Kahn former director of the International Monetary Fund; Abdullah II, King of Jordan; Tony Blair, former British Prime Minister; Andrej Babis, Czech Prime Minister; Corinna Larsen, ex-lover of Juan Carlos I; or Mario Vargas Llosa, Nobel Prize in Literature. Members of the show and sport also appear, such as Julio Iglesias, Luis Miguel, Shakira, Miguel Bosé, Claudia Schiffer, Carlo Ancelotti or Pep Guardiola.
The king emeritus, Juan Carlos I, is another character linked to tax havens. After years of research, the monarch has come to light in shady matters such as the construction of the Ave a La Meca or the sale of Banco Zaragozano, operations for which, supposedly, he charged commissions that he hid in tax shelters. The investigation into the former head of the Spanish State also focuses on money laundering, bribery and influence peddling.
Tax evasion through tax havens negatively affects the collection of public coffers States and international organizations, as well as the private economy, promoting inequalities between territories and causing a tremendous impact on the welfare state. It is a framework designed for the wealthiest to hide their fortunes in territories that offer anonymity and low or no taxation.
We are waiting for you on Friday, October 15 at 12:00 hours! You can follow the debate live from this news and from our channels of Facebook, Twitter and Youtube. During the meeting we will answer questions from the public, send us your question through this link.
And to whet your appetite we invite you to review all the information published to date on the ‘Pandora Papers’ in elDiario.es.