Panama Papers Source Names Income Inequality as driving force
-from an email this evening from The Center for Public Integrity
The world has just heard from “John Doe,” the person behind the biggest information leak in history, saying that “income inequality is one of the defining issues of our time”.
Citing a litany of failures, injustices and political cowardice, “the Panama Papers are, if nothing else, a glaring symptom of our society’s progressively diseased and decaying moral fabric.” In Doe’s 1800-word statement called “The Revolution Will Be Digitized,” courts, major media outlets, and the legal profession all played a role in a movement that “spared the wealthy while focusing instead on reining in middle- and low-income citizens”.
“The media has failed. Many news networks are cartoonish parodies of their former selves, individual billionaires appear to have taken up newspaper ownership as a hobby, limiting coverage of serious matters concerning the wealthy, and serious investigative journalists lack funding. The impact is real…”
On May 9 ICIJ will publish information about secret offshore companies and the people behind them, based on data from the Panama Papers investigation. The searchable database will include information about more than 200,000 companies, trusts, foundations and funds incorporated in 21 tax havens, from Hong Kong to Nevada in the United States.
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