Pandora Papers Blow Lid Off World Leaders’ Secrets

It is five years since the Panama Papers exposed offshore companies linked to more than 140 politicians in more than 50 countries.

Now in the Pandora Papers, a number of African leaders have been named by an international consortium of journalists as secretly owning assets overseas which show some of them to be enormously wealthy compared to the citizens of their own countries, reports AllAfrica.

Kenya’s President Uhuru Kenyatta responded quickly to the revelations of his family’s wealth by promising to deal comprehensively with them soon. “The Pandora Papers and subsequent follow up audits will lift that veil of secrecy and darkness for those who can not explain their assets or wealth,” President Kenyatta said, adding, “That these reports will go a long way in enhancing the financial transparency and openness that we require in Kenya and around the globe.”

The report based investigative reporting which details the offshore hideaways of some of the world’s most powerful personalities was launched on October 4, after two years of discreet work by investigative journalists around the world.

The Pandora Papers project is facilitated by the International Consortium of Investigative Journalists (ICIJ), which obtained a trove of 11.9 million confidential files.