Displaying items by tag: Pandora Papers

Mohamed Amersi, who partially funded Boris Johnson’s campaign to become prime minister, also advised the telecoms firm Telia, which in 2010 made a controversial $220m payment to a secretive offshore company. Oil executive Victor Fedotov, who gave £900,000 to 34 Tory MPs, made $4bn from allegedly corrupt Russian pipeline deals, and is currently seeking government approval for a controversial energy link between the UK and France. Lubov Chernukhin has given over £1.8m to the Conservatives since 2012. The secret offshore wealth she shares with her husband, a former Russian minister, includes a London house worth £38m and a £10m Oxfordshire mansion. Mrs Chernukhin's lawyers say she is a British citizen and is entitled to do as she wishes with her money. High-profile foreign politicians and UK political donors have over 1,500 UK properties, bought secretly using offshore firms worth £4bn. See also

The Pandora Papers are 12 million documents revealing hidden wealth, tax avoidance, and money-laundering by the world's rich and powerful obtained by the International Consortium of Investigative Journalists (ICIJ). They worked with 140+ media organisations in the biggest-ever global investigation. 600 journalists in 117 countries trawled through files for months to find a) the prominent Tory donor who was involved in one of Europe's biggest corruption scandals; b) the King of Jordan's £70m spending spree on properties in the UK and US through secretly-owned companies; c) Azerbaijan's leading family's hidden involvement in property deals in the UK worth more than £400m; d) the Czech prime minister's failure to declare an offshore investment company used to purchase two French villas for £12m; e) how the family of Kenyan president Uhuru Kenyatta secretly owned a network of offshore companies for decades. The files exposed over 330 politicians from 90 countries using secret offshore companies to hide their wealth. See also UK article ‘Tory donations disclosures’.