Leaked records show world leaders and moguls hiding billions in real estate investments – Boston News, Weather, Sports

Bisaya News

According to a review of nearly 12 million files received, hundreds of world leaders, powerful politicians, billionaires, celebrities, religious leaders and drug dealers have hidden their investments in villas, exclusive beachfront properties, yachts and other assets from 14 companies worldwide over the past quarter of a century.

The report, published on Sunday by the International Consortium of Investigative Journalists, involved 600 journalists from 150 media outlets in 117 countries. It?s known as the ?Pandora Papers? because the results shed light on the previously hidden dealings of the elite and corrupt, and how they used offshore accounts to protect trillions of dollars in assets.

The more than 330 current and former politicians identified as beneficiaries of the secret accounts include the Jordanian King Abdullah II, the former British Prime Minister Tony Blair, the Czech Prime Minister Andrej Babis, the Kenyan President Uhuru Kenyatta, the Ecuadorian President Guillermo Lasso and former employees…

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