NPR

What the 'Pandora Papers' show about how the powerful hide money from public view

The global investigation sheds new light on how the world's wealthy use a network of lawyers and financial institutions to obscure their finances from authorities, their creditors and the public.
A journalist-led investigation found that a woman had acquired a waterfront property in Monaco after she reportedly had a child with Russian President Vladimir Putin. Here, yachts are seen moored at the Hercules Port in Monaco.

A massive investigation from more than 600 journalists across the globe sheds new light into the shadowy world of offshore banking — and the high-powered elites who use the system to their benefit.

The exposé, dubbed the "Pandora Papers," shows how the world's wealthy hide their money and assets from authorities, their creditors and the public using a network of lawyers and financial institutions that promise secrecy.

It's built on a trove of and to help conduct the large-scale investigation.

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