The global organization International Consortium Of Investigative Journalists has once again exposed the secretive wealth and dealings of the world’s billionaires, politicians, and celebrities. The organization claims that it has perused 11.9 million documents of 14 companies providing financial services. The leaks were prepared by The Indian Express, The Guardian, and the BBC.

The information in the leaked papers tells us that dozens of current and former leaders and businessmen engaged in money laundering to hide their wealth and assets from the government’s eyes in 91 countries of the world including India, spanning all the way from Asia, the Middle East, and Latin America. These people put their money into offshore companies and acquired properties in various parts of the world.

Opening India’s Pandora Box

There are 380 names from India that are included in the Pandora papers leak. Among them is Anil Ambani, who recently declared himself bankrupt in British court and fugitive businessman Nirav Modi, notorious for duping Punjab National Bank out of thousands of crores and escaping the country. Apart from these two, Biocoin promoter Kiran Mazumdar’s husband has apparently bought a trust with a person who has been banned by SEBI for insider trading.