Get Audio+
Scan to download the app

Social News

Malaysia’s Rich And Powerful Names Exposed In Offshore Leak

today4 October 2021


Source: Dawn

Millions of leaked documents and the biggest journalism partnership in history have uncovered financial secrets of prominent names and people in positions in power.

35 current and former world leaders, over 330 politicians and public officials in 91 countries and territories, and a global lineup of fugitives, con artists and murderers were exposed, according to reports.

Amongst those were several known Malaysians, exposed to be owners of offshore companies or trusts.

Pandora Papers is an anonymous dump, filled with 2.94 terabytes of confidential financial files held privy to the Investigative Consortium of Investigative Journalists (ICIJ).

Source: mStar

The dump has over 11.9 million documents and records from 14 offshore service providers that manage shell companies and trusts in tax havens all around the world.

It has been reported that Singapore is an infamous gateway for the rich and powerful of Malaysia to move their assets, and…

Click here to read the full article.


Written by: Quinny Tan

Previous post