Pandora Papers: Some Philippine names appear in new offshore data leak

This Sept. 24, 2020 photo shows a view of Makati skyline as seen from Boni, EDSA.

The STAR / Michael Varcas

MANILA, Philippines — Some prominent names in the Philippines emerged in a far-reaching new investigation by the ICIJ media consortium, which found that more than a dozen heads of state and government around the world have used offshore tax havens to hide assets worth hundreds of millions of dollars.

The so-called "Pandora Papers" investigation — involving some 600 journalists from media including The Washington Post, the BBC and The Guardian — is based on the leak of some 11.9 million documents from 14 financial services companies around the world.

Some 35 current and former leaders are featured in the latest vast trove of documents analyzed by the International Consortium of Investigative Journalists (ICIJ) — facing allegations ranging from corruption to money laundering and global tax avoidance.

Full Story: https://www.philstar.com/business/2021/10/04/2131691/pandora-papers-some-philippine-names-appear-new-offshore-data-leak