EXPOSING CRIME AND CORRUPTION IN THE WORLD

 https://www.cbc.ca/listen/live-radio/1-23-ideas/clip/16139202-how-network-journalists-uncovered-billions-toppled-world-leaders

Cbcradio/ideas April 8. 2025

Exposing  wrongdoing in the world :. Tax avoidance bad guys./  The secret world of wealth sequestration: 32 trillion  sequestered in secret offshore accounts! 

How a network of journalists uncovered billions and toppled world leaders

Between $21 and $32 trillion dollars is hidden away in offshore accounts. These secret stashes have been uncovered by the work of International Consortium of Investigative Journalists (ICIJ) — a network of around 300 investigative journalists. Their findings have led to multiple arrests and official inquiries in more than 70 countries, and the resignations of the leaders of Pakistan, Iceland, and Malta.

EXPOSING CRIME AND CORRUPTION IN THE WORLD: ICIJ DIRECTOR GERALD RYLE

It's estimated that a significant percentage of the world's wealth is held in secret offshore accounts — between $21 and $32 trillion. How much of the world's wealth is ferreted away is hard to know. However in the past decade billions of these hidden stashes have been uncovered through the thorough work of the International Consortium of Investigative Journalists (ICIJ). The ICIJ retains a network of more than 290 of the top investigative journalists around the work. Some of its major investigations include Offshore Leaks, Panama Papers, Paradise Papers, and Pandora Papers. These revealed the secrets of the rich and powerful and led to multiple arrests and official inquiries in more than 70 countries, and the resignations of the leaders of Pakistan, Iceland, and Malta. 

For the 2025 Dalton Camp Series, ICIJ Director Gerard Ryle is in conversation with IDEAS Host Nahlah Ayed. 

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This is wrong and  politicians need to  do something about it

It is stealing tax dollars .that belong to the public!

....or is corruption in politics so rampant it has become normalized?

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Mark Carney's company, Brookfield Asset Management, has been accused of using offshore tax havens to avoid paying Canadian taxes. Here are some key points ¹ ²:

- *Brookfield's Use of Tax Havens*: Brookfield Asset Management, where Carney served as chair, avoided $5.3 billion in taxes between 2021 and 202 and had some of its core businesses registered in Bermuda, a known tax haven.

- *Bermuda Registration*: Brookfield's businesses were registered at an oceanfront address in Bermuda, which also housed a bike shop, raising questions about the legitimacy of the company's operations there.

- *NDP Criticism*: The NDP has criticized Carney and Brookfield for using tax loopholes, arguing that this practice deprives Canadians of essential services and infrastructure funding.

- *Plan to Close Loopholes*: The NDP has proposed a plan to stop corporate tax dodgers like Brookfield by ending tax agreements with known tax havens, requiring corporations to prove a genuine business reason for offshore accounts, and implementing public country-by-country financial reporting.

As for whether Mark Carney has a secret offshore account, there's no concrete evidence to support this claim. However, the controversy surrounding Brookfield's use of tax havens has raised concerns about Carney's involvement and the ethics of tax avoidance practices.