Paradise Papers: Development Dreams Lost in the Offshore World

Jay OwenReforming Global Finance, Global Citizen

Paradise Papers: Development dreams lost in the offshore world

 

When one of the world’s biggest miners turns up in a small town in Africa, the local residents and officials had hopes of a better life. Our story on Burkina Faso, home to a Glencore mine, paints a very different picture. While Appleby helped Glencore reduce its tax bill, it was also charging nearly 950 times more than one engineer working on the mine earned.

 

Next, come on a journey to the Indonesian jungle, or what’s left of it. Our reporter Scilla Alecci visited the Indonesian island of Padang and spoke with locals about how an expanding paper company is devastating their environment. A good place to start is this amazing video or photo gallery.

Back in the U.S. the Wilbur Ross story continues to kick along. Former presidential hopeful Sen. Bernie Sanders has called for an investigation into offshore tax evasion.

 

The ICIJ team.

 

P.S. If you have any questions about our Paradise Papers project, we’re hosting a Facebook Live Q&A tomorrow at 5:30pm ET (America). Leave your questions for us to answer!