Mayhem From “Paradise Papers”

A huge batch of leaked documents mostly from offshore law firm Appleby, along with corporate registries in 19 tax jurisdictions, reveal the financial dealings of politicians, celebrities, corporate giants and business leaders, reports the BBC. [1]

This “huge batch” is being called the “Paradise Papers.”

13.4 million records were passed to German newspaper Süddeutsche Zeitung and then shared with the International Consortium of Investigative Journalists (ICIJ). [1] The ICIJ had previously been connected with the “Panama Papers”, 11.5 million documents leaked in 2015 which contained personal financial information about wealthy individuals and public officials that had previously been kept private. [2]

Revealed in the Paradise Papers are reportedly financial dealings of politicians, celebrities, corporate giants and business leaders. [1] Some of the names include the following:

  • Queen Elizabeth II. The Queen’s private estate, the Duchy of Lancaster, “has never disclosed details of its offshore investments… The records show that as of 2007, the queen’s private estate invested in a Cayman Islands fund that in turn invested in a private equity company that controlled BrightHouse, a U.K. rent-to-own firm criticized by consumer watchdogs and members of Parliament for selling household goods to cash-strapped Britons on payment plans with interest rates as high as 99.9 percent.” [3]
  • Sam Kutesa. He is “Uganda’s foreign minister and a former U.N. General Assembly president, who set up an offshore trust in the Seychelles to manage his personal wealth.” [3]
  • Antanas Guoga. He is “a Lithuanian member of the European Parliament and professional poker player, who held a stake in an Isle of Man company…” [3]
  • Wesley Clark. The “one-time Democratic presidential hopeful and a retired four-star U.S. Army general who served as NATO’s supreme commander in Europe, was a director of an online gambling company with offshore subsidiaries, the files show.” [3]
  • Bono. “Pop singer and social justice activist Bono – listed under his full name, Paul Hewson – owned shares in a company registered in Malta that invested in [a] shopping center in Lithuania, company records show.” [3]
  • Stephen Bronfman. “… Canadian Prime Minister Trudeau’s adviser and close friend, teamed up with Liberal Party stalwart Leo Kolber and Kolber’s son to quietly move millions of dollars to a Cayman trust.” [3]
  • Wilbur Ross. President Donald “Trump’s commerce secretary, [who] has used a chain of Cayman Islands entities to maintain a financial stake in Navigator Holdings, a shipping company whose top clients include the Kremlin-linked energy firm Sibur. Among Sibur’s key owners are Kirill Shamalov, [Vladimir] Putin’s son-in-law…” [3]
  • Randal Quarles. He is “the new Wall Street watchdog at the Federal Reserve. Quarles was an officer of two Cayman Island companies, including one that was involved in a loan deal with a Bermudan bank, N.T. Butterfield & Son.” [3]
  • George Soros. “Private equity funds controlled by Democratic mega-donor George Soros, a hedge fund billionaire, use [white-shoe offshore law firm] Appleby to help manage a web of offshore entities…” [3]

Above are just SOME of the names. Well-known businesses also seem to be involved. The threads are many in these startling new revelations. Ersjdamoo hopes to further explore these threads in future blog entries.

——- Sources ——-
[1] “Paradise Papers: Queen should apologise, suggests Corbyn”, BBC (online), November 6, 2017. http://www.bbc.com/news/uk-41883472
[2] “Panama Papers”, Wikipedia, November 6, 2017. https://en.wikipedia.org/wiki/Panama_Papers
[3] “Paradise Papers Exposes Donald Trump-Russia links and Piggy Banks of the Wealthiest 1 Percent”, International Consortium of Investigative Journalists, November 5, 2017. https://www.icij.org/investigations/paradise-papers/paradise-papers-exposes-donald-trump-russia-links-and-piggy-banks-of-the-wealthiest-1-percent/

 

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About ersjdamoo

Editor of Conspiracy Nation, later renamed Melchizedek Communique. Close associate of the late Sherman H. Skolnick. Jack of all trades, master of none. Sagittarius, with Sagittarius rising. I'm not a bum, I'm a philosopher.
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4 Responses to Mayhem From “Paradise Papers”

  1. Pingback: Secrets Of Seychelles | Ersjdamoo's Blog

  2. Pingback: Just “Say Shells” | Ersjdamoo's Blog

  3. Pingback: Threads Of the Paradise Papers | Ersjdamoo's Blog

  4. Pingback: Appleby Is “Apalachin Meeting” | Ersjdamoo's Blog

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