ICIJ – Emily Menkes, Michael Hudson And Kimberley Porteous – Release Of Offshore Records Draws World Wide Response – 16 April 2013

(Picture : French culture minister Aurelie Filippetti: listed a David Beckham t-shirt in her assets.)

ICIJ’s investigative series on offshore secrecy – which draws from a cache of 2.5 million secret records – has ignited reactions around the globe.

Since the initial release of stories by the ICIJ and its media partners across the world, public officials have issued statements, governments have launched investigations, and politicians and journalists have been debating the implications of the records and the reporting.

ICIJ – Emily Menkes – Highlights Of Offshore Leaks So Far – 5 April 2013

April 4, 2013, 1:00 pm

Today marks the beginning of one of the biggest financial leaks in history.

The International Consortium of Investigative Journalists has just released the first stories from a global collaborative project into the world of offshore money. The Tax Justice Network, an advocacy group claims that a third of the world’s wealth is tied up in the secret area of offshore.