The Pandora papers: explore more!

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Curious to learn more about the Pandora papers story?

The BBC has put together a guide here.

This gives you more details on what was uncovered, how this compares to previous leaks and what will now be done about it.

Read the guide, and answer the following questions below:

  1. In your opinion, what's the most surprising thing about this story?
  2. From this story, what can we learn about the importance of journalism?
  3. What could governments do to crack down on money laundering?

Add your thoughts to the comments below.

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Comments (129)

  • British Council.jpg active_fact | Shouka Prep Girls School | Occupied Palestinian Territory
    15 Oct 2021

    Money laundering is a process whose aim is to conceal the true source of funds acquired through illegal means such as corruption. The aim of this process, which usually takes place in stages, is to try to hide the nature of legitimacy on the disposal of assets to show them as if they came from legitimate sources and use them for circulation in the economic cycle of countries and to include their transfer and transfer through International borders to the channels of legitimate financial institutions. The relationship between money laundering and corruption is clear. Usually, corrupt money is laundered as an attempt to hide its sources. The systems lack accountability and transparency systems, and they have high levels of money laundering and corruption. Some of the poorest countries in the world are the most corrupt. Here comes the role of governments and undermine their ability to Combating the phenomenon of money laundering First, governments play a vital role in combating money laundering through their influence on legislation, enactment of laws and the limits that are allowed to be exceeded, and establishing penalties for violators in this regard, as well as building capacities through anti-money laundering workshops and international initiatives to combat money laundering. Good framework for advanced money laundering practices and establishing partnerships and relationships Cooperate with expert international agencies to ensure that they are well acquainted with what governments can provide in terms of political leadership and support for anti-money laundering initiatives implemented by those governments, as well as adapting educational materials issued by international organizations that can benefit the government, as well as assisting governments in reforming their countries’ practices by facilitating their access to expertise The knowledge necessary to combat money laundering, as well as developing plans to work with it, developing regional plans for governments interested in improving practices against money laundering in the country, monitoring the activities of leaders and officials, engaging the people and the political administration in the country, and engaging governments in the fight against money laundering, and we can strengthen the anti-money laundering system on a global scale. Thus, we prevent the flow of illegal funds across international borders and within economic systems. Finally, after all these steps for the government, governments also have to recover assets, whether they are from the state that was robbed or the state benefiting from money laundering. Finally, all governments must cooperate by achieving international cooperation on this issue and overcoming it. Barriers in front of it so that we can combat a phenomenon that has always harmed the world Global and international hunt...

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    1. British Council.jpg active_emotion | Mymensingh Girls Cadet College | Bangladesh
      active_fact's comment 18 Oct 2021

      The files expose how some of the most powerful people in the world - including more than 330 politicians from 90 countries - use secret offshore companies to hide their wealth.

      Reply to this comment
    2. British Council.jpg resilient_thought | Mymensingh Girls Cadet College | Bangladesh
      active_fact's comment 18 Oct 2021

      In many countries, governmental officials are laundering money. They bribe the police and concerned authorities to not hold them accountable. If the leaders of the country who are supposed to spread positivity and reduce illegal works commit themselves to those illegal works, can a country ever develop and can money laundering be stopped?

      Reply to this comment
  • British Council.jpg best_blueberry | Shouka Prep Girls School | Occupied Palestinian Territory
    15 Oct 2021

    Pandora's Documents: They are leaks that reveal some secret wealth, tax evasion, and in some cases money laundering is used by money owners, wealthy people and presidents.
    But these papers so far have not come with any new result. It is about the presidents and the rich getting a lot of money, but all of them are from thefts. Some of the rulers who died, but now their wives enjoy the inheritance that their husbands inherited them. It is not simple or reasonable, and this matter does not only harm peoples nor It becomes poverty and despair and even leads to the suicide of young people
    These papers are only used to protect the corrupt, because when you limit the value of the thefts that occur in sums, they mitigate the ugliness and badness of corruption and the corrupt, and the media promotion of these tools covered many of the documents issued by international beer and were more severe. To this extent, and if it is humiliated, it indicates that its value is not considered the simplest currency, but rather the most dangerous, such as billions. This indicates that the president did not leave anything to the citizen.
    These corrupt people have benefited their wives, children, their entourage, and their entourage. Each of them owns billions of dollars and has huge accounts in the bank, especially in Switzerland. Switzerland has forbidden disclosure or saying about the value of its clients’ money in banks, and even if the matter frames them to resort to the International Criminal Court, the client’s balance is considered a contract that he makes with them, and this is from One of the provisions of the secrecy of the accounts, and some countries are subject to some judicial rulings, but in Switzerland, no one can force the banks to pass the value of the money to their customers, so it enjoys that the customers in it have complete confidence and deposit their money with fear and dread.
    The problem of Pandora's Papers does not mean anything, but it causes a big problem for some young people, some of them commit suicide because they hate life in light of suffering and injustice
    And the biggest problem is that everyone who has proven evidence lives inside this corrupt country and cannot disclose this evidence because of their threats.
    The service of these papers has rendered a great service to the corrupt and the people who waited days for these papers because they provide some ridiculous information that does not rise to the tragic level experienced by the people of oppression

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    1. British Council.jpg bright_grape | Mymensingh Girls Cadet College | Bangladesh
      best_blueberry's comment 21 Oct 2021

      So what is your suggestion to make these papers give out a result and reduce money laundering and corruption?

      Reply to this comment
  • British Council.jpg content_sparrow | Mirzapur Cadet College | Bangladesh
    16 Oct 2021

    The Pandora Paper..
    everyday in a jungle, a lion and a deer wake up. The lion thinks if i cant run faster then i will die by starvation and the deer thinks if i dont run faster then i will be killed by the lion...
    like this in our society in maximum countries, people try make money, legally and illegally, either to be richer or to satisfy the hunger..
    Specially in the underdeveloped and developing countries, where people dont get food there some of the same country thinks to be richer.

    when the information about the illegal ways to income or the unexpected money come to light,its called pandora papers then. 11.9 million papers are still now launched and a lot to come on the days.
    these are the money of other citizens (laundering) or corruption.

    Reply to this comment
  • British Council.jpg active_fact | Shouka Prep Girls School | Occupied Palestinian Territory
    16 Oct 2021

    After reading and understanding the content of Pandora's papers, I called them “The Tragedy Papers of the Oppressed Peoples.” Of the world’s leaders and wealthy people in tax avoidance for them, but the surprise increased when I read that principles and a global agreement on tax reform were announced to besiege tax avoidance, so let us put two lines under siege!!! And setting a minimum for these companies, but despite the existence of an agreement, tax evasion operations continue and were not besieged, as the international agreement stipulated, exactly as the answer to the question of the continuation of torture despite the international conventions against torture. From my personal point of view, I see a contradiction between the agreements and what is happening on the ground of tax evasion 'Because this agreement did not besiege completely, but rather besieged the simple thing from the activities of the leaders and did not end it, so let us intensify global efforts to besiege the corrupt, the vampires of the people, the thieves of nations' money...

    Reply to this comment
    1. British Council.jpg bright_grape | Mymensingh Girls Cadet College | Bangladesh
      active_fact's comment 21 Oct 2021

      Dear friend, so what is your opinion on how to make these 'Tragedy Papers' turn into "Blessing Papers?

      Reply to this comment
  • British Council.jpg amiable_shrimp | Sylhet Cadet College | Bangladesh
    16 Oct 2021

    1.
    The most surprising fact from the story in my opinion is that "Qatar ruling family avoided £18.5m tax on London super-mansion."

    2.
    According to me, journalists are like a pillar of the modern world. They rescue information and news which are considered as somewhat key to globalization and the proceeding of human civilizations. From the story above, we can find that a huge amount of money was used which was out of any kind of calculations. This is considered illegal by a large group of people. So the journalists disclosed them.

    3.
    The best way to stop money laundering is to have a better connection with other states about foreign economic affairs and migration. We come to learn that, money laundering here mostly took place through foreign exchanges or transactions. If the government of the countries could interrogate the personalities and ask for documents about their business and the wealth they are transacting to foreign lands or receiving from foreign lands, then the persons would have found it hard to transfer black money or do any other kind of illegal transactions.

    Reply to this comment
    1. British Council.jpg bright_grape | Mymensingh Girls Cadet College | Bangladesh
      amiable_shrimp's comment 21 Oct 2021

      Dear friend, don't you think talking to foreign countries about restricted economic information will disclose your country's stances to those countries abroad? Won't it be more harmful for your country?

      Reply to this comment
  • British Council.jpg shining_speech | Sylhet Cadet College | Bangladesh
    16 Oct 2021

    In the overall "Pandora Papers" story, the most surprising thing to me, is that the UK is saying to the people about the so called laws and enforcement against the money launderers are taken, but these laws and jurisdictions are not being actually implemented and this is the reason that is encouraging the involved money launderers to invest on more offshore companies to hide more and more dirty dollars behind the back of the public in some offshore islands and countries like the UK, Switzerland and more European countries. But this 2.94 TB offshore leak almost revealed the names of the owners of the British properties that literally shut all the legislations that the UK government had ever taken in this regard.

    And as there were loopholes in the financial laws and enforcements of the British countries, these inadequacies more and more attracted more and more money launderers who might wish to use unauthorized properties to conceal their illicit funds in the name of the offshore companies.

    After the leak of this Pandora papers cooperated by more than 600 journalists of almost 117 countries, this disclosed the biggest ever leak in the journalism history that is engaged to offshore financial corruptions around the globe where many top-secret documents and spreadsheets are revealed which the public needed to know. Based upon the most expansive leak of tax haven files in history, the investigation reveals the secret deals and hidden assets of more than 330 politicians and high-level public officials (especially the president of the Russia - Vladimir Putin, the king of Jordan - Abdullah II, pop star Shakira, Indian cricket star Shachin Tendulkar and many more) in more than 90 countries and territories, including 35 country leaders. The Pandora Papers lays bare the global entanglement of political power and secretive offshore finance.

    The leaked records reveal that many of the power players who could help bring an end to the offshore system instead being benefitted from it – stashing assets in covert companies and trusts while their governments do little to slow a global stream of illicit money that enriches criminals and impoverishes nations. This ensures that this type of strict and steady journalism is needed (which is also needed for this kind of large and steady financial investigations to disclose the hidden actual faces of the renowned political leaders underneath the masks of wellness) for a transparent and accountable financial environment around the globe.

    Many of the poorest countries in the world are the most corrupted in the cases of financial regards. The role of governments and their ability to fight against the money laundering is vital. This can be done by actions on the following phenomenon:

    1. Influence on legislation.
    2. Enactment of laws and the limits that are allowed to be exceeded.
    3. Establishing penalties for violators and checking the actual implementations in this regards as these are one of the most sensitive topics in the poor countries.
    4. Building capacities through anti-money laundering workshops and international initiatives.

    To crack down the money laundering like what were happening in the offshore companies, there are many more ways that can be handled by the government. This ways and ideas are tricky and these need more and more quality control for ensuring the overall development to the resistance of money laundering. In a nutshell, governments also have to recover assets, whether they are from the state that was robbed or the state benefiting from money laundering. All governments must cooperate by achieving international cooperation on this issue and overcoming it. Probably one of the best ways are the handling of the aversion to the money laundering in the self-paced governments and institutions like the ICIJ itself. Investigations like 'Panama Papers', 'Paradise Papers' and 'Pandora Papers' are the results of these laws and jurisdictions that are being implemented in the victim countries which will gradually going to be in the peak of their triumph and the world financial immunity will gain its total rearrangement to a fresh and accountable economy.

    Thank you.

    Reply to this comment
    1. tom Tom @ Topical Talk
      shining_speech's comment 18 Oct 2021

      Well-researched and written, shining_speech. Do you think the Pandora papers have taken governments by surprise?

      Reply to this comment
      1. British Council.jpg best_blueberry | Shouka Prep Girls School | Occupied Palestinian Territory
        Tom @ Topical Talk's comment 19 Oct 2021

        I do not think that the source of the thing or the source of the affliction can be surprised by this thing, but we can say that he pretends to be surprised to exonerate themselves. Everyone who has money cannot be surprised by anything but pretend to be surprised

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  • British Council.jpg centered_ant | Sylhet Cadet College | Bangladesh
    16 Oct 2021

    In my opinion, the skill a journalist must have to investigate the Pandora papers is 'Problem-solving'. The problem solvers can relate the information, find out links between them and predict what is going on. For the cases like Pandora papers, a journalist has to work as a detective. To solve a problem, it has to be identified, analyzed, and described. Then one should approach to seek for the roots. And, these similar steps are very important in investigating the Pandora papers. First, the problems caused because of avoiding tax have to be identified. Then, these have to be analyzed to find their roots. Then it can be described broadly so that more possible causes can come out.

    Second, I will choose 'Creativity'. Creativity isn't only needed to invent things. But, it has the same importance in case of investigation. Creativity mostly works on hypotheses. As a result, creative people can think in an exceptional way that no other does. For this reason, creativity can come up with theories and results that would have never come in normal investigations. So, if the ideas from a creative journalist are analyzed, something amazing can be discovered.

    Third, 'Listening'. Listening is important because rumors and fake news (so-called) are sometimes important to investigate. Sometimes the news that minor television channels, internet blogs, and newspapers publish about the higher-ups of the government body or billionaire businessmen is easily denied and no one even thinks about to think about those. But if these are analyzed thoroughly, then some of these can be found true. But, for that, a journalist must hear the voices of people.

    Lastly, 'Speaking'. This is also an important skill to have for a journalist. If a journalist can't speak out after investigating the Pandora papers, then there is no point in wasting this much time to expose the misdeeds. A journalist must have the courage to reveal the truth he has discovered so that not another person falls into this trap. But, I am keeping this skill at last because this type of investigation is usually conducted by a strong organization of the journalist (mostly ICIJ). So, a single journalist's voice isn't necessary. And, these organizations have a strong base, reliable support, and security. So, speaking ability is not a must in this case.

    Reply to this comment
    1. Olivia-Avatar.jpg Olivia @ Topical Talk
      centered_ant's comment 18 Oct 2021

      This is a great evaluation - you have clearly done your research into what a journalist does! Why might someone disagree that speaking is the least important?

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    2. British Council.jpg excellent_glacier | Government Girls H/S 41 WB Vehari | Pakistan
      centered_ant's comment 20 Oct 2021

      But i think that speaking skill is also very important for a journalist because if a journalist have speaking skill he understand his concepts and information to other.
      Successful communication depends not only on what is said, but also how it is said. The ability to convey your message concisely and assertively while also listening to others can have a tremendous influence on how your story could develop.so,I think that speaking skill is also important and precious skill.

      Reply to this comment
  • British Council.jpg incredible_brain | Sylhet Cadet College | Bangladesh
    16 Oct 2021

    1.
    In my opinion, the most surprising thing about this story is, the involvement of prominent and most influential world leaders in this financial scandal, many of whom have been advocated for stricter tax rules and punishment for tax dodgers.

    The Pandora Papers investigation has linked the names of Jordan's King Abdullah II; Lebanese Prime Minister Najib Mikati; Hassan Diab and his predecessor; governor of Lebanon's central bank Riad Salameh, Kenyan President Uhuru Kenyatta, along with six members of his family; former British Prime Minister Tony Blair and his spouse; Ukrainian President Volodymyr Zelensky, and many other influential leaders.

    During a speech in England's West Midlands, former British Prime Minister, Tony Blair suggested, "We should not make our tax rules a playground for tax abusers who pay little or nothing while others pay more than their share" . Andrej Babis, the millionaire Czech Prime Minister, rose to power promising to crack down on tax evasion and corruption. In 2011, as he became more involved in politics, Babis told voters that he wanted to create a country “where entrepreneurs will do business and will be happy to pay taxes.”

    And now, these people, themselves are involved in such type of scandals. This is really shocking and surprising.

    2.
    This story proves how great role the journalists play, for our society. To be precise, these investigative journalists shine light to the world's darkest corners. They provide truth about people from higher authorities, people from government and other entities. They expose such actions so that those involved can be held accountable. They always focus on showing the truth, no matter who may be involved in the story. They can change the history.

    The main difference between investigative agencies and investigative journalists is that the journalists focus on a public issue rather than working on a specific person or case. And the most important thing is that they leave the responsibility of judgement to the public, the common people, without any censorship like many investigation agencies. That's what makes them unique.

    They work for the betterment of our world despite of having safety concerns like reporters' fears of being targeted or threatened by the criminals. The revelations of the 'Panama Papers' even led to the car bomb assassination of one the journalists who shone a bright light on the dark underbelly of tax-dodging billionaires.
    The journalists are the ‘voice of the voiceless’. Journalism is important because it spreads truth to people; facts that people need to know. It makes us aware about all the wrongdoings going on in the society.

    3.
    No overnight solution exists for money laundering. It is becoming hard to prevent day by day because the lawmakers are involved in breaking the law. No matter who it is, none should be able to deceive the eye of law. Mass surveillance should be made strict. The exchange of information between banks and various government agencies, including law enforcement, and the sharing of information between banks themselves should be eased. Accountability and transparency must be ensured in all financial sectors.

    Thank you.

    Reply to this comment
    1. tom Tom @ Topical Talk
      incredible_brain's comment 18 Oct 2021

      You've researched this closely - a key skill for any young journalist!

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  • British Council.jpg lovely_groundhog | Shouka Prep Girls School | Occupied Palestinian Territory
    16 Oct 2021

    1- The most surprising thing is the process of money laundering * or money laundering * It is an economic crime that aims to give legal legitimacy to the prohibited funds ... for the purpose of possessing, disposing of, managing, exchanging or manipulating their value and using them to conceal or cover up the sources that Money is made from it.


    2- We mention here in particular the importance of the role of the press, as it had a major role in exposing these crimes, as it works largely in prosecuting the perpetrators of money laundering crimes through the use of the media, as explained by the lawregarding money. Money laundering as illegal investments and then using them in legal and legitimate investments.


    3- The government can enact laws to deter those involved in money laundering... The law will punish this crime because of its negative impact on the private economy of countries. .... and holding those who work with it accountable because it is money from illegal sources such as drug trafficking ✓ Prostitution, breach of trust and violation of sanctities, embezzlement of public money, crimes of terrorism and human kidnapping, antiquities and forgery

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  • Cheam Fields logo alert_writer | Cheam Fields Primary Academy A | United Kingdom
    16 Oct 2021

    1) The most surprising thing about this story is that the family of the Kenyan president Uhuru Kenyatta's secretly owned a network of offshore companies for decades!
    2) From this story, we can learn that journalism is a very important because without it, these hidden secrets would never have been discovered!
    3) Governments could intercept transactions through offshore countries and check they were responisble. They could also view every transaction and check if it was a faux transaction for bad doings.

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  • British Council.jpg majestic_moon | Beit Hanoun Prep Girls A School | Occupied Palestinian Territory
    17 Oct 2021

    The word money laundering and the word money laundering meet in the connotation of their concept. This means the use of tricks, means and methods to dispose of money acquired through illegal and illegal ways, to give it legitimacy and legality. This includes money earned from bribery, embezzlement, commercial fraud, counterfeiting of money, and rewards for spying activities. This pernicious phenomenon is undoubtedly one of the fruits of economic globalization promoted by the West.
    What is money laundering?
    The term money laundering, and money laundering is a modern term and it is an alternative to the hidden economy, black economies, or shadow economies. It is to earn money from illegal sources, and sometimes these haram funds are mixed with other halal funds, and invested in activities that are legally and legally permissible to hide their haraam source and get out of legal accountability, after misleading the security and control authorities.
    What are the methods of money laundering?
    One of the methods on the basis of which the illegal money obtained from theft, bribery, drug smuggling, human smuggling, child trafficking, and gambling clubs is being laundered is that the owners of these illegal funds deposit them in banks or transfer them between banks to combine them with legitimate funds, and hide their original sources. These funds may be transferred from internal banks to international banks with many branches in the world. Then the foreign banks themselves carry out another transfer of funds through their various branches, after which the owners withdraw their money from the banks to buy land, or contribute to transcontinental companies.
    Is the phenomenon of money laundering escalating?
    Statistics and economic reports confirm that the phenomenon of money laundering is escalating frighteningly, especially in light of economic globalization and the prevalence of electronic commerce. Electronic laundering takes place in a few minutes or seconds in order to speed up the concealment of these criminal operations. What are the sources of this dirty money? The sources of dirty and internationally prohibited funds include: drug cultivation, industry and sale, slave trade, evasion of duties and taxes, bribery, hidden commissions, profit from a job, abuse of positions, theft, embezzlement and extortion, commercial fraud, trafficking in corrupt and forbidden goods, and forgery. In money, documents, trademarks and trademarks, and from gambling in the global commodity and money markets, and from fictitious transactions. Finally, governments must establish deterrent laws for those who launder money, and they must establish international laws that include all countries, and thus we can overcome this phenomenon.

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    1. tom Tom @ Topical Talk
      majestic_moon's comment 18 Oct 2021

      Can you give your opinion on this too, majestic_moon?

      Reply to this comment
  • British Council.jpg active_fact | Shouka Prep Girls School | Occupied Palestinian Territory
    17 Oct 2021

    have read a lot about professions that surround our world and their impact on our lives, but I was struck by the profession of creators and dreamers, with its culture, goals, awareness, strong awareness of things, and accurate analysis of them. Those who are familiar with a lot of information about the press are convinced that it serves as a repository of information to educate people with all that is new of events. And from all this, we find that the press has a strong impact on influencing the course of life and the way people think, whether positively or negatively. The press works to raise the level of awareness among people and works on Improving the level of people's culture and way of living 'creates a state of awareness about social and economic issues. After all this, can we deny the role of the international and local press in educating people?? The press reaches the largest possible number of people in the shortest possible time through television, print newspapers, radio and magazines. The press basically helps people realize their rights through writing on a daily and weekly basis, as if it lived from people step by step in their lives, discussing their problems, raising issues that concern them and addressing them. There is also an advantage that stopped me that the press works by allowing the uneducated to express their voices and opinions, as individuals keep in touch with society, and the real press works to serve the people, and this is its main goal, “but the press is subjected to a lot of criticism directed at it.” However, it has many advantages for this profession. He appreciates the value of the word and knows its great impact on people. Journalists are also distinguished by their high culture. “We return to the most important feature, which is their disclosure of facts, which is the most important feature, which is considered a primary goal of the profession of trouble.” Social media sheds light on negative social phenomena and combats them with the competent authorities as much as possible. Some solutions for specialists about avoiding the causes that lead to it 'as there is an urgent need for the media to play a mediating role between the conflicting parties or the mediator. They differ on crucial issues around the world or in the same country, such as the spread of corruption, and here we say the biggest example is the Pandora Papers, which many leaders of countries and the wealthy sought to evade tax. With tax justice, prosperity and stability, and from here we cannot deny the efforts of the press and the primary role in exposing the biggest global conspiracies. Greetings to the troubled profession. Greetings to the honorable journalists who are keen on people’s lives and who work to educate peoples about tax justice. Greetings to the press and journalists...

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  • British Council.jpg shrewd_flight | Sylhet Cadet College | Bangladesh
    17 Oct 2021

    1. In my opinion the most surprising thing about this story was the fact that the UK government is not being strict about this topic and are turning a blind eye towards this. In the site, it is said that the UK parliament has published a draft legislation in 2018 which hasn't still been presented to the MPs. This indicates the fact that the government of UK is showing sluggish movement against this fact. What surprised me, is that the government of a country like the United Kingdom is not being strict against these illegal activities. Again, the UK government has also become an example of the information presented from the perspective tool of the journalists. Although the government of UK has the power to suppress money launderings and other things, but still they are not trying their level best because this may be actually to their benefit.

    2. Here, we can understand the true power of journalism and also know about the significance of the role that journalism plays in maintaining economical balance all over the world. The Pandora Papers is undoubtedly a huge scam that has been brought to light and it has been kept secret by very huge personalities all over the world. The fact that the journalists have brought this to light, surely in the future, bigger scams will be next in the line and this will instill fear in the people concerning other scams too. Also, as this has been brought to light, the development of other countries will be sped up.

    3. The government needs to take some hard steps to crack down on money laundering. Firstly, the government needs to increase their surveillance over the businessmen. They need to keep in check where they are investing, reason of investment and also the property buying record should be kept in check. A separate team comprising of multiple members can be formed to interrogate businessmen, investigate where it seems that money laundering may be happening.

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  • British Council.jpg adept_fact | Rajshahi Cadet College | Bangladesh
    17 Oct 2021

    1. The thing that surprised me the most was how these people uses the loopholes in laws of some countries and started a debate on it being ethical or not.
    2. Well, journalism is great as long it does not doesn't poke its nose into people's privacy. Without a doubt, the importance of journalism is high for spreading awareness to people of their surroundings and corruption in this case. The interesting part is that due to that debate of being ethical to use tax haven , this question comes . And as per what my previous comment said about the relation of corruption with money laundering, I think that the importance of journalism is immense in this case
    3. Personally, I think the best way to tackle it is to strengthen the law and prevent loopholes in it. Also government of other countries should be strict to look for these type of cases in their areas.

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  • British Council.jpg benevolent_rock | Sylhet Cadet College | Bangladesh
    17 Oct 2021

    There have been issues regarding money or currency to be precise since the very beginning of civilization. Greed is the human emotion playing the greatest role in indecorous activities like money laundering and stuff. Everyone tries to obtain something none has. But when he sees that everyone around him has that thing, he will obviously try to gather more and more of that especially when it's something valuable like money. Most of us can't stop ourselves from this greed. But we still somehow manage not to go wrong. But sometimes when the influential people of our society like politicians, businessmen, and such gets reach to unattainable amount of money, they try their best to save this money out of reach of everyone including tax, revenue and etc. And this is where the illegal activities come to sight. They try their best and even become successful in arranging such a way that makes their illegal money look legal or even hides it! It becomes really tough to catch the culprits due to loopholes in the laws.

    Journalism has proven itself one of the most important jobs in the current era. Journalism is one of the oldest professions which started its journey even before 60 BCE. A journalist is not only a person who collects information from daily incidents and events of a country but also someone who risks his life daily. Daily activities of a country include everything like strikes, war, famine, and more. None can give a guarantee if the reporter who went to take some notes or shots in a war zone or a strike will return safely or not. The profession of journalism is such important that a country can't run properly a single day without journalists. There are huge examples of cases and temptations that were solved by journalists which even cops couldn't solve. Especially here in the Pandora Papers leak event the journalists worldwide showed their excellence of work. It really fascinated me how a group of common journalists worldwide worked together and could achieve such success at clarifying so many conspiracies.

    Now, this could be a really challenging question. Because government itself couldn't solve the money laundering problems fully. So we can't give real solutions easily. The best that can be done is to try to give the most possible concepts. The government could arrange some strict policies where people can't open more offshore businesses unless they elaborately show their business function and how it works. If something seems fishy, permission shouldn't temporarily be given without research. Especially high profile people like ministers and influential businessmen should be kept under regular checkups. But some problems might even rise due to these. General people or small-scale businessmen might fall into trouble and hardships due to tightened laws. And it won't be so easy to keep track of all records of money and properties of big fishes like ministers and other influential people. So no matter what solution we find out, a mischievous group of people will find the loopholes and start doing as they please resulting in chaos.

    Most of the people has a misconception about offshore companies being illegal or immoral business or stuff. But offshore companies are really legal things that help a person run his business smoothly with his favorable laws and benefits. Offshore companies are an important part of our world financial ecosystem. Removing them entirely will create a haphazard situation and many people will become jobless!

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    1. tom Tom @ Topical Talk
      benevolent_rock's comment 18 Oct 2021

      Can you summarise this answer in just a few sentences, benevolent_rock?

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  • British Council.jpg aware_painting | Shouka Prep Girls School | Occupied Palestinian Territory
    17 Oct 2021

    Which are based in tax havens are the files called Pandora Documents
    The Pandora Papers is a leak of nearly 12 million documents that reveals secret fortunes, tax evasion and, in some cases, money laundering by some world leaders and wealthy people.
    More than 600 journalists in 117 countries searched files from 14 witness sources and came up with stories to be published this week. In the largest global investigation of its kind ever

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  • British Council.jpg aware_painting | Shouka Prep Girls School | Occupied Palestinian Territory
    17 Oct 2021

    As for the amount of money, we are not talking about millions, but about trillions of dollars. The stories that will be revealed in the coming days show the huge amount of money that is hidden through these companies, whether this is due to tax evasion or for other, more serious criminal reasons. Also, the Governor of the Banque du Liban Riad Salameh, of course, there are also businessmen who have a relationship with Hezbollah and a relationship between the President of the Republic. We are talking about a country that suffers more than 80% of its people from an economic crisis. The World Bank says that it is one of the largest since the second half of the 19th century, without this meaning that all companies Offshore is automatically illegal activity, but with a lot of money there is undoubtedly a need for further investigations and the names of about 35 current and former leaders and more than 300 government officials appear on filesWhich are based in tax havens are the files called Pandora Documents
    The Pandora Papers is a leak of nearly 12 million documents that reveals secret fortunes, tax evasion and, in some cases, money laundering by some world leaders and wealthy people.
    More than 600 journalists in 117 countries searched files from 14 witness sources and came up with stories to be published this week. In the largest global investigation of its kind ever

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  • British Council.jpg spectacular_reality | Joypurhat Girls' Cadet College | Bangladesh
    17 Oct 2021

    Money laundering is a heinous crime and it should be certified as the main source of wealth of some rich people in todays world. Humanity and honesty are just mere words now, lacking even the slightest of meanings. The most surprising part of these stories are that there are actual firms to co-ordinate such crimes and the employees work with full zeal ignoring the fact that it is a dangerous crime. Money has blinded people to such a state that now honesty feels like a rotten tomato; it is to be picked up and thrown away. The surprising fact is that the people we are relying on, the so-called leaders who are in charge of this world are themselves corrupted to a level unfathomable. The leaders were supposed to be our role models, our ideals for a better future and by seeing these, it is quite disappointing and highly upsetting. What are we supposed to learn from such corruptions? How are we to lead if we are taught such deceit? Instead of attaining the confidence, we are filled with questions in our mind with no one to answer cause how can they and how will they? It is disheartening enough to learn that the rich are getting corrupted in this way and the poor are suffering from unbearable distress. Hoarding money has no results until they are properly used and paid for. The most surprising thing is, I, being a student of class 9 have the mere sense of right and wrong whereas our leaders and powerful people lack the mere capability.

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    1. British Council.jpg ethical_moth | Mymensingh Girls Cadet College | Bangladesh
      spectacular_reality's comment 19 Oct 2021

      Ok, you have said that the major issue of money has blinded a vast portion of people . then how can people be taken back from being blinded without bringing the issues of money into this matter and people go after money. It 's a human nature. How can you stop that?

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      1. British Council.jpg spectacular_reality | Joypurhat Girls' Cadet College | Bangladesh
        ethical_moth's comment 31 Oct 2021

        I am extremely sorry for my inconvenience but I failed to comprehend what you actually meant by 'human nature'. If you meant going after money is human nature then you are absolutely right but then again even controlling yourself is human nature too I presume? There are both bad and good sides in a human, it is certainly upto them as to which side they'll lean to most.

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  • British Council.jpg spectacular_reality | Joypurhat Girls' Cadet College | Bangladesh
    17 Oct 2021

    The Pandora Papers story worked as a huge booster for journalism since it is the honourable journalists themselves who have been trawling through the files from 14 sources. They are the reason the world has come to face the reality today. Their level of hard work and generosity has made it capable for such a big exposure to come infront of the world. They opened the eyes of people who had been blindly believing the corrupt powerful leaders. The importance of journalism has been evidently proven through this activity. People are more aware of the leaders and corruptions around them. As for the corrupt people, they will face their severe consequence, thanks to the exposure. Today because of this journalism, it has become possible to destroy the corruption from this world as much as possible. Corrupts are being punished, people are getting awared and thus humanity still remains to prevail. It is because of such people that we still have decent air to breathe in, otherwise corruption would have suffocated us by now. Through this story of Pandora papers we are to realize of the importance of journalism as well as the hard work of the journalists and thus keep ourselves aloof from such dangers and corruptions.

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  • British Council.jpg successful_violin | Joypurhat Girls' Cadet College | Bangladesh
    17 Oct 2021

    Money and money! We just want money! So the greed for money will never come to an end and money laundering has come to the mind of the people to get that in an ethical or unethical way. They corrupt it and show that the money is white placing it another shore and making the black money white. The most surprising thing is that no news is being published regarding this issue while its the most burning issue if we all look carefully as due to this many countries are lagging behind and no development is happening, also steps regarding climate change is not implemented properly so this over looked is shocking to me as well as others. But many are supporting it to a great extent as all just want money.
    Importance of journalism_ Its the journalist who can bring such issues in front of the people and its true that he needs courage and honesty in this regard to compete the black money holders. He gives us the news and we must take steps accordingly to beat such corruption.
    Government has a lot to do in this regard as only they can handle this issue internally to reduce this corruption and its a fact also if the govt. is corrupted then what can be done? Then people should come forward and work unitedly.
    All I want to say is-Never be a corrupted ,black moneyed man, look for the needy and help them you will get more reward than arranging money.

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  • British Council.jpg active_fact | Shouka Prep Girls School | Occupied Palestinian Territory
    17 Oct 2021

    The attractiveness of countries is measured by the smoothness of investment, and the attractiveness of the economies of countries is measured by launching the laws of the portfolio from the greed of the greedy and the case against the intentions of the abusers who seek to work with money in illegal ways. Money laundering is mainly related to the existence of a banking system with conscious oversight in which financial institutions contribute to combating money laundering, which necessitates the central bank of the state to monitor suspicious operations. Raising the efficiency of workers, which is compatible with the quality of these works, and also raising the level of awareness about combating money laundering. Here, I will present a new idea that seeks to combat money laundering. To the state to submit a declaration to the customs department of what he has in his possession of cash or tools negotiable with the bearer” and also that the government implement this a For a model of cross-border physical transport, including land and sea freight, we also monitor it to avoid these problems and so that governments can control all money laundering supply lines “and whoever does not submit a declaration or submits a false declaration by giving information or suspecting the bearer’s association with negotiable instruments or suspicious funds.” Inflicting the most severe penalties on them and subjecting them to legal accountability, as the matter is referred to the competent public prosecutor, and the disciplinary councils approve a court financial penalty so that they may serve as an example to other suspects. With our governments, we as peoples are to reach a clean and strong economy and protect our people from oppression and poverty

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    1. tom Tom @ Topical Talk
      active_fact's comment 18 Oct 2021

      A novel idea, active_fact. Do you think it's possible to enforce it?

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      1. British Council.jpg active_fact | Shouka Prep Girls School | Occupied Palestinian Territory
        Tom @ Topical Talk's comment 18 Oct 2021

        Yes, we can implement it by combining the efforts of governments and the popular base and setting goals that preserve the remaining securities that contribute to building a strong economy

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  • British Council.jpg focused_otter | Shouka Prep Girls School | Occupied Palestinian Territory
    17 Oct 2021

    Pandora's Papers is a tool for journalists to present an obligatory story.

    Journalists use Pandora as a tool to address themselves with writers and orators.

    Avoiding Pandora's Papers protects you from taxes.

    Pandora's Papers are the ones that occupied the whole world with them, which contain numbers and information that only the owners of companies and the high class in countries know about. As it represents wealth and transactions that only a few know.

    Arab justice is threatened around the world in the Middle East during the last five years, which has caused Arab governments to raise the value of taxes more than they were before.

    Pandora's Papers reveal frightening fortunes all over the world, causing an earthquake in some countries.Pandora's Papers is a tool for journalists to present an obligatory story. Journalists use Pandora as a tool to address themselves with writers and orators. Avoiding Pandora's Papers protects you from taxes. Pandora's Papers are the ones that occupied the whole world with them, which contain numbers and information that only the owners of companies and the high class in countries know about. As it represents wealth and transactions that only a few know. Arab justice is threatened around the world in the Middle East during the last five years, which has caused Arab governments to raise the value of taxes more than they were before. Pandora's Papers reveal frightening fortunes all over the world, causing an earthquake in some countries.

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  • British Council.jpg insightful_starfish | Shouka Prep Girls School | Occupied Palestinian Territory
    18 Oct 2021

    I think that it is money laundering, as it indicates the extent of human greed and love for corruption and gaining huge amounts of money unlawfully and in an illegal manner. In fact, I do not find a justification for this immoral act, except that it is a disease of control and a disease of money. Money laundering is the process in which huge amounts of money are transferred. It has illegal means in order to become clean money that accepts circulation in various public activities, as it is known as a method that is carried out with the aim of covering and concealing the sources by which the money was obtained.It has been classified by the crimes that are punishable by law because of the negative impact it has on the economy of countries, as this illegal act allows those who commit it from the criminals the ability to dispose of the money that has been laundered and employed in many public activities in order to hide its illegal sources and illegal.The media is the influential force and the fourth authority. Those who work on news coverage and follow-up on community issues according to the editorial and political contexts and policies that stand behind them, the desired trends towards various issues are formed in the public’s minds, as the journalist is a field of contact between the truth and the people, as they say, “a journalist is like a candle that lights people’s path to the truth.” So the journalist plays one of the main roles beside government security by exposing these people and handing them over to justice,Money laundering constitutes a financial crime that has economic effects and may threaten the stability of the financial sector in the affected country or its external stability in general. The government must take effective anti-money laundering systems as it is necessary to protect the integrity of markets and the integrity of the global financial framework, as it helps mitigate factors that facilitate financial exploitation. Therefore, taking measures to prevent and combat money laundering not only fulfills a moral imperative, but also meets an economic need,So that the government team develops an integrated approach to combat money laundering, especially corrupt money, and encourages the use of practical tools and techniques to limit or stop such activities.
    It can also enact laws to limit the spread of money laundering and apply the sanctions regime against them. It can also cooperate with parliamentary bodies with other countries to set limits and laws to combat money laundering internationally, and establish cooperative relations with expert international agencies to ensure that they are well acquainted with what parliamentarians can provide from political leadership and support. for anti-money laundering initiatives implemented by those agencies.Monitoring the activities of leaders and officials, involving the people and the political administration in the country, and involving governments in combating money laundering, where the responsibility of the individual is the driver so that any suspicious financial movements are reported.In the end, I can only say that the main driver of human action is his conscience and morals and If the individual is righteous, his deeds will be correct, and this is reflected in his society.

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    1. tom Tom @ Topical Talk
      insightful_starfish's comment 18 Oct 2021

      A good show of problem-solving here, insightful_starfish. How easy would this be for the government to do?

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  • British Council.jpg fabulous_radio | Rajshahi Cadet College | Bangladesh
    18 Oct 2021

    Any financial transaction that generates assets or value as a result of illegal acts that may involve acts such as tax evasion or accounting falsification is called money laundering. The Pandora Papers have found 12 million similar cases worldwide. But the most surprising fact about this story in my opinion is that 330 politicians from 90 countries were involved. Because it is the politicians who should be concerned about this illegal activity. While this is sometimes legal due to loopholes in some laws, it is up to politicians to research this loophole and resolve it instead of taking advantage of it for personal gain.

    So we need a team of qualified journalists to find out who benefits from this way. Because ordinary people need to know these things. A maximum of residents work hard and continue to pay taxes, then there is an elite class that must make a maximum contribution and we see these people avoid it. This is a real act of corruption and if corruption is not dealt with immediately, it will become a very broad form that is sometimes almost impossible to eradicate.


    We already know that there are loopholes in the law that give some people the legal opportunity to launder money. So the government's first task is to uncover these loopholes and find countermeasures. Second, the government should introduce new laws and protocols regarding the use and transaction of money to reduce the possibility of money being transferred overseas. Finally, there must be strong central control over the falsification of tax details and income records so that tax evasion can be detected.

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    1. Tiff-Avatar.jpg Tiff @ Topical Talk
      fabulous_radio's comment 18 Oct 2021

      If politicians are taking advantage of loopholes instead of closing them off, what other ways can society hold people to account?

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    2. Tiff-Avatar.jpg Tiff @ Topical Talk
      fabulous_radio's comment 18 Oct 2021

      If politicians are taking advantage of loopholes instead of closing them off, what other ways can society hold people to account?

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      1. British Council.jpg fabulous_radio | Rajshahi Cadet College | Bangladesh
        Tiff @ Topical Talk's comment 20 Oct 2021

        One way society can hold these people accountable is that if these corrupt politicians hold power in democratic countries, they should be eliminated in the next election. I know this is not as easy as it seems for many countries in the world. But if society is aware of its own improvement, wants to be treated fairly, and cooperates against corruption, it is possible.

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  • British Council.jpg philosophical_weasel | Rajshahi Cadet College | Bangladesh
    18 Oct 2021

    The thing that surprised me most about this pandora papers story is that how much greedy people are even though they have more than enough riches. While millions of people are starving to death, few people are hiding their millions to become richer. Has the morality of humanity downgraded so much? Couldn't they help the poor instead of taking benefits from them?

    Journalism is crucial for the common people to know about the present situation. Journalists educate the public about events and issues and how they affect their lives. They spend much of their time interviewing expert sources, searching public records and other sources for information, and sometimes visiting the scene where a crime or other newsworthy occurrence took place. There are many secrets the rich and the powerful are hiding. They earn millions by affecting the lives of general people. Due to journalism, the common people are becoming aware of such incidents and the guilty are facing the justice they deserve.

    As far as I can think, the government should implement high security in banking sectors and improve technology based searchers. The government may form a secret agency that can track the money launderers. Transactions need to be more secured and anyone without paper or documents should be penalized. The government should find the pattern in the cases and follow it to the root . Also the government should hold more meetings and sessions and check the data files more frequently.

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  • British Council.jpg motivated_orchard | Rajshahi Cadet College | Bangladesh
    18 Oct 2021

    Offshore transaction is sometimes legal, but mostly seem to be illegal. I think this whole process should be conducted informing the government. Suppose, sometimes we need to offshore money to protect it from the criminals. But we have to inform the government. Paying tax is one of important duty for every citizen. We should not neglect it. Because tax helps the government to make our livings better. If we hide our money to reduce taxes, then it will harm ourselves in the long run. For example, we might be caught in future. Again, though we think we will save money by this but we have to keep in mind that money cannot always help us. If we are trapped in a jungle or a desert, then money cant help us getting away from that place . We may suffer from food and other problems. So we should not lose our ethics

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  • British Council.jpg active_fact | Shouka Prep Girls School | Occupied Palestinian Territory
    18 Oct 2021

    governments of the world, save the rest of the securities to build the economy of countries that dreamed of a luxurious economic life, contribute to standing in the face of those who exploit the peoples, “Restore to the real economy its prestige” “Preserve the money of your oppressed peoples from the intrusion of corrupt businessmen and rich people” “Fight everyone who begs himself to steal your peoples” Advance your economic system to build an honorable economic front 'Exploit the capabilities of your youth to establish an economic base capable of engaging with the peoples and economies of countries' 'Reform what spoilers have spoiled'. Do not your people have the right to live like the rest of the world's people?? Aren’t governments seeking the welfare of their people instead of putting them in tragedies of oppression that kill the economic spirit of the youth who are the mainstay of states?? Fight the fugitives with the people’s money. Restore the rights to their owners so that you can build with your people a strong and solid economy that preserves your money and fights the corrupt.

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  • British Council.jpg excellent_snow | Shouka Prep Girls School | Occupied Palestinian Territory
    18 Oct 2021

    During which the cash money obtained from an illegal (illegal) work is transferred to legitimate ways to hide its illegal sources. Money laundering stages: 1- Deposit or employment: It is represented in the attempt to enter the funds derived from crimes and illegal activities into the financial and banking system and deposit them in banks and investment financial institutions. 2- Camouflage or cover up: the process by which the owners of these funds conduct a series of various financial and banking operations with the aim of blurring the features of the sources of these funds, thus separating the funds from the real sources. 3- Merger: the last stage of money laundering, through which Mixing illegal money with legitimate money, and re-pumping it in the economy as legitimate money derived from commercial activities A normal investment. Reasons The spread of money laundering Money laundering has become increasingly common in recent years for several The most prominent reasons are: the spread of the illicit trade in drugs and psychotropic substances mentality, high tax rates in some countries, and the spread of administrative corruption Known as internet banks and systems and financial systems in countries, in addition to the emergence of what is known as Internet banks and financial systems digital accounts. Criminals seek to resort to laundering operations Funds Achieving a number of goals, such as: - Increasing profits: This is done by investing money other than legitimacy in various commercial projects. The criminals had to seize the money before 2 - Concealment of wealth: so that criminals avoid seizing money from before the authorities. Prosecution: To keep criminals away from legal accountability 3- Avoid about money illegal. Pay the taxes that will be levied on 4- Tax avoidance: to avoid paying taxes that will be imposed on profits. 5 - Legalization of money: to be of a legal nature when Doing projects and businesses. Damage caused by money laundering Money laundering is considered as before Reference, offenses that are punishable By law because of its effects negative impact on the economies of countries. Where does this crime happen? Criminals have the ability to act Laundered money and put it to work A set of public activities by concealing their illegal sources. as Help them expand their illegal business and earn more of this money.

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  • British Council.jpg healthy_antelope | Beit Hanoun Prep Girls A School | Occupied Palestinian Territory
    18 Oct 2021

    The most thing amazed me in the story is the superficial look that some will look at when they see the news that the Jordanian king is buying real estate in the United States and the United Kingdom, If we think logically, we will see that what the Jordanian king is doing is not wrong. The Arab countries in general are all vulnerable to wars and colonialism at any time, so the king must find a hideout for him and his family,suppose that there was a coup and revolutions, this threatens the life of the king, and if something happens to the king, the economic and political situation will deteriorate and Jordan will become vulnerable to colonialism!!! also, this money is the king's money and not the government's money. also, the king cannot buy a single building or a single palace as a hideout, he is a king who must possess power and privileges,the king must have a good and strong reputation, so that he does not appear as a weak king. If the king goes and his reputation goes, the state will go with him, “There is no strong country with a weak king” and to prove the correctness of my words, I will give an example that embodies the matter , In the time of Saddam Hussein, Iraq was a very strong country, it even faced the major countries, but now because there is no strong leader for Iraq, it has become one of the least secure Arab countries

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  • British Council.jpg appreciative_pear | Shouka Prep Girls School | Occupied Palestinian Territory
    18 Oct 2021

    Many countries of the world are striving to combat money laundering by all available and possible ways and means; Therefore, most of these countries have established specialized criminal units, and then issued a special law for the penalties for money laundering, and it is called the Anti-Money Laundering Law. Manipulating its value, converting it into other forms and forms, or following up on any other process that results in concealing the source from which those funds were acquired. Each of these operations, whether applied individually or collectively, is a form of money laundering, which Classified as a crime punishable by law

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  • British Council.jpg healthy_antelope | Beit Hanoun Prep Girls A School | Occupied Palestinian Territory
    18 Oct 2021

    Is it forbidden to talk about politics when talking about one of the people in the article?

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    1. tom Tom @ Topical Talk
      healthy_antelope's comment 18 Oct 2021

      We welcome your opinion on the news story, healthy_antelope, and the questions it raises - so as long as you keep to this there should be no problem!

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      1. British Council.jpg healthy_antelope | Beit Hanoun Prep Girls A School | Occupied Palestinian Territory
        Tom @ Topical Talk's comment 18 Oct 2021

        Oh okay, I sent a comment about the King of Jordan and my view on the matter and it has not yet been accepted, so I thought it was possible because I touched on political matters

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        1. tom Tom @ Topical Talk
          healthy_antelope's comment 18 Oct 2021

          It was approved healthy_antelope - scroll up on this page to find it.

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  • British Council.jpg funny_recipe | Sylhet Cadet College | Bangladesh
    18 Oct 2021

    Tax evasion, money laundering, and organized crime are all linked to offshore banking. As a result, tax agencies and other government agencies are working hard to enforce stricter laws and stronger regulation on foreign finance, notably in the case of offshore banks.
    Depending on whether it's a private or retail bank, an offshore bank may have a high minimum deposit required before you can create an account. Furthermore, some banks demand that you keep a particular minimum balance in your account at all times. If there is a financial crisis or if the offshore bank defaults, a person may not be protected, which means they may not be able to reclaim all or some of the money they have put. As a result, it is critical to undertake significant studies or delegate this research to a competent specialist who is knowledgeable with the banks they are considering as well as the legal requirements of their selected offshore location.
    Millions of leaked documents and the world's largest journalism collaboration have revealed the financial secrets of 35 current and former world leaders, over 330 politicians and public officials from 91 countries and territories, and a global roster of fugitives, con artists, and murders.
    Many of the journalists who could help put an end to the offshore system instead profit from it, stashing assets in secret companies and trusts while their governments do nothing to impede a global flow of illicit money that enriches criminals and impoverishes nations, according to the leaked records.So here we can find how important journalism is from this story.
    Now in order to crack down on money laundering, the governments could play a vital role by requiring that the Overseas Territories and Crown Dependencies of one country operate at the same level of transparency as the country itself. Again, by hastening the implementation of a public record of the true owners of foreign corporations that buy property in one country and compete for government contracts in that country. Governments could also utilize the Bribery Act to prevent agents from forming firms in the nation if they are not registered with the country's anti-money laundering supervisor.

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  • British Council.jpg protective_memory | Sylhet Cadet College | Bangladesh
    18 Oct 2021

    The most shocking news in my perspective was how great world leaders and political leaders were involved in such a heinous crime which really broke the heart of several people like me.

    The Pandora papers is a leak of almost 12 million documents in form of Documents , Data, Spreadsheets, Images, emails etc. It revealed how the trust worthy and prominent leaders are the ones who pulled the stings towards corruption. The Data base showed 2.9 TB of data which showed how much havoc and disorder the prominent world leaders caused. Leaders like Czech Republic Prime Minister Andrej Babiš, United Arab Emirates Prime Minister Mohammed bin Rashid Al Maktoum who is a Muslim leader and It is stated in the Islamic scriptures that " Illegal means of earning money is strictly prohibited and one who not only earns but earns it in secrecy shall punished greatly in the after life" such activities of such a leader resulted in confusion, insecurity and disbelieve amongst the Muslim nation, Russia Associate of President Vladimir Putin Svetlana Krivonogikh and many more...

    Since they were caught in the name of law it should be the responsibility of the government to at first stop the offshore transaction which are being prevailed till this day by properly governing the offshore transaction and maintenance of proper payment of the tax. The law breakers should be accounted for their injustice and unfair means of earning money and a special law should be made not only that we can see various loopholes in the laws of offshore banking and transactions so the loopholes should be taken into account and the judiciary should argue in favor of manufacturing the laws of payment of Tax and offshore transaction, then The Government should create a community who can deeply monitor the offshore installments and also ensure the proper payment of Tax at the same time maintain records so that the unjust people can never slide through the opening which previously was created due to the loopholes of the law.

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  • British Council.jpg genuine_memory | Shouka Prep Girls School | Occupied Palestinian Territory
    18 Oct 2021

    Money laundering is an economic crime that aims to give legal legitimacy to illicit funds.That occurs for the purpose of possessing, disposing of, keeping, exchanging, investing or manipulating the values if they are obtained from crimes such as jewels and narcotics , terrorist crimes and financing them, fraud, breach of trust, and fraud. Trafficking and smuggling of antiquities, felonies, bribery, embezzlement of public money and aggression against it, treachery, crimes and forgery ,and misdemeanors are harmful to the security of the state from outside and inside.
    The press and the media also play an important role in coordinating specialized agencies and media institutions to clarify the negative effects resulting from money laundering. They also have a great role in raising awareness in society about ways to confront these crimes.
    and designated institutions to combat money laundering.
    The role of governments comes to eliminate money laundering can be performed in many ways such as establishing laws and penalties.In addition, all governments in all countries must work to enhance the values ​​of transparency in order to spread the culture of anti-corruption in a country that is an attractive factor for international criminal organizations.

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  • British Council.jpg aware_forest | Shouka Prep Girls School | Occupied Palestinian Territory
    18 Oct 2021

    The title of this article is a question that is not easy to answer! What are the Pandora Documents are classified documents that were announced by the International Consortium of Investigative Journalists on October 2 and began to be published on October 3, 2021.

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  • British Council.jpg affable_opinion | Pabna Cadet College | Bangladesh
    18 Oct 2021

    In the generally speaking "Pandora Papers" story, the most amazing thing to me, is that the UK is saying to individuals about the alleged laws and implementation against the tax criminals are taken, however these laws and purviews are not being really carried out and this is the explanation that is empowering the elaborate tax criminals to contribute on more seaward organizations to conceal an ever increasing number of messy dollars behind the rear of people in general in some seaward islands and nations like the UK, Switzerland and more European nations. Yet, this 2.94 TB seaward hole nearly uncovered the names of the proprietors of the British properties that in a real sense shut every one of the enactments that the UK government had taken at any point ever in such manner.

    What's more, as there were provisos in the monetary laws and requirements of the British nations, these deficiencies increasingly more pulled in increasingly more tax criminals who may wish to utilize unapproved properties to hide their illegal assets for the sake of the seaward organizations.

    After the hole of this Pandora papers coordinated by in excess of 600 writers of very nearly 117 nations, this unveiled the greatest at any point spill in the news-casting history that is locked in to seaward monetary debasements all throughout the planet where many highly confidential reports and accounting pages are uncovered which the general population had to know. In light of the most far reaching break of assessment shelter documents ever, the examination uncovers the mysterious arrangements and secret resources of in excess of 330 legislators and significant level public authorities (particularly the leader of the Russia - Vladimir Putin, the ruler of Jordan - Abdullah II, pop star Shakira, Indian cricket star Shachin Tendulkar and some more) in excess of 90 nations and domains, including 35 nation pioneers. The Pandora Papers reveals the worldwide snare of political force and cryptic seaward money.

    The spilled records uncover that large numbers of the influence players who could assist with stopping the seaward framework rather being profited from it – reserving resources in clandestine organizations and trusts while their legislatures do little to slow a worldwide stream of illegal cash that advances hoodlums and devastates countries. This guarantees that this sort of severe and consistent reporting is required (which is likewise required for this sort of enormous and consistent monetary examinations to unveil the secret real faces of the prestigious political pioneers under the covers of health) for a straightforward and responsible monetary climate all throughout the planet.

    A significant number of the least fortunate nations on the planet are the most debased in the instances of monetary respects. The job of legislatures and their capacity to battle against the illegal tax avoidance is fundamental. This should be possible by activities on the accompanying marvel:

    1. Impact on enactment.

    2. Order of laws and the limits that are permitted to be surpassed.

    3. Building up punishments for violators and really looking at the real executions in this views as these are perhaps the most touchy subjects in the helpless country.

    4. Building limits through enemy of tax evasion studios and global drives.

    To get serious the tax evasion like what were going on in the seaward organizations, there are a lot more ways that can be taken care of by the public authority. This ways and thoughts are interesting and these need increasingly more quality control for guaranteeing the general advancement to the opposition of illegal tax avoidance. Basically, legislatures additionally need to recuperate resources, regardless of whether they are from the express that was burglarized or the state profiting from tax evasion. All states should collaborate by accomplishing worldwide participation on this issue and defeating it. Presumably perhaps the most ideal way are the treatment of the abhorrence for the illegal tax avoidance in the self-guided states and organizations like the ICIJ itself. Examinations like 'Panama Papers', 'Heaven Papers' and 'Pandora Papers' are the aftereffects of these laws and locales that are being executed in the casualty nations which will continuously going to be in the pinnacle of their victory and the world monetary insusceptibility will acquire its complete adjustment to a new and responsible economy.

    There's nothing more to it.

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  • British Council.jpg broadminded_independence | Faujdarhat Cadet College | Bangladesh
    18 Oct 2021

    1) In your opinion, what's the most surprising thing about this story?
    Hiding wealth in opaque and intricate financial instruments in other countries is known as OFFSHORING, and through these process dictators, oligarchs, drug traffickers, criminals, and others with illicit assets can hide their money from public scrutiny, creditors, and the law and at the same time avoid paying taxes. Money laundering and offshoring are the opposites side of the same coin and they are linked to each other. What is more surprising is that, the people we follow in our daily life, also we call them as celebrity, they are also engaged in money laundering and offshoring. Shakira Isabel Mebarak Ripoll who is known as Shakira, Colombian singer and songwriter, cricketer Sachin Tendulkar, Claudia Schiffer who rose to fame in the 1990s as one of the world's most successful models, are found to linked to offshore assets. Setting up companies and trusts abroad is easy, relatively inexpensive, and in many cases legal. A celebrity living in London or Los Angeles, for example, may hire a financial service provider in a "secret jurisdiction" to set up and register a business. In addition to low or zero tax rates, these jurisdictions have laws that protect the identity of owners, making it difficult to determine whether they are using a company to hide assets from tax collectors, creditors, or law enforcement.
    2) From this story, what can we learn about the importance of journalism?
    Millions of leaked reports and the biggest journalistic organization in history have revealed the budgetary privileged insights of 35 current and previous world pioneers, 300+ lawmakers and open authorities in 91 nations and domains, and a number of criminals and executioners universally. The Pandora Paper’s 11. 9 million records arrived from 14 different offshore services firms; a 2.94-terabyte data trove exposes the offshore secrets of wealthy elites from more than 200 countries and territories, which involved more than 600 journalists from 150 media outlets in 117 countries. Working as a reporter, especially in these sorts of sensitive issues can be challenging and threatening. In leaking of Pandora papers and news regarding offshoring, journalism here served as a public ‘watchdog’ by monitoring the political process and exposing the budgetary privileged insights of powerful peoples in order to ensure that politicians, influential people cannot engage themselves next time onwards in unlawful activities and don’t abuse their positions. The purpose and importance of journalism are to inform the public with the information needed to live their lives and what can be more threatening for the development of a country when people hide their income while making a lot of money abroad. This is where journalism is important. Without journalism, the world will not be aware of this problem and a country will never develop if this money laundering increases at an alarming rate. If it increases, it will be difficult for people who pay taxes fairly; PAYING TAXES WILL BE A BURDEN TO THEM. THE RICH WILL GET RICHER AND THE POOR WILL GET POORER.
    3) What could governments do to crack down on money laundering?
    The government does not have to tell law enforcement which cases to investigate, it can provide adequate resources to the team tasked with investigating corruption. This will allow them to investigate and serve a new order of unexplained wealth. If we can reduce false positives, we can expand the reach of accounts to a more granular level and make reporting more effective. Regular meetings allow banks and law enforcement agencies to stay informed, investigate suspicions, identify potential networks, and strengthen public-private partnerships to create a common front against money laundering. Only the government cannot crackdown on money laundering. Financial institutions and businesses also must maintain detailed transactions and implement software that can detect suspicious activity. Customer data can be classified according to different levels of suspicion, and transactions can be rejected if they meet certain criteria. Money laundering cannot be stopped completely, but persistent surveillance can reduce it. Financial firms can monitor customer deposits and other transactions to ensure they are not part of a money-laundering scheme. In this way, the government with the help of the bank and other financial organizations can crackdown on money laundering. LAST BUT NOT THE LEAST, THE POWERFUL PEOPLE AND INFLUENTIAL PERSONS THEMSELVES NEED TO BE HONEST ENOUGH SO THAT MONEY LAUNDERING CAN BE ERADICATED FROM THE COUNTRY. We must not forget, the government cannot alone stop money laundering, these are we who must come forward.

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    1. tom Tom @ Topical Talk
      broadminded_independence's comment 18 Oct 2021

      A superb answer, broadminded_independence. Do you think people value the importance of journalism as much as they should do?

      Reply to this comment
  • British Council.jpg spirited_cloud | Faujdarhat Cadet College | Bangladesh
    18 Oct 2021

    I believe the journalists should keep publishing the documents. Because most of the cases, the riches try to avoid giving tax through this activities where poor people are giving taxes through vat and many other means despite of their lot of limitations. Besides, it is the right of the tax paying people to know these cases related to tax dodging issues. Even if the accused people think that, they are doing all legally, they can go for legal action and proof innocence. So, the journalists should be free to publish these things which will ensure the transparency all around the world in this important issue and the rich people will be more careful to take any further steps regarding this.

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  • British Council.jpg spirited_cloud | Faujdarhat Cadet College | Bangladesh
    18 Oct 2021

    To me the most surprising thing about the story is, many famous international persons like Sachin Tendulkar whom do we admire much are included in this list. Yes, I do agree that many a times these things aren't illegal but why they need to do offshore being a national figure! why they are not keeping and investing those in their own country which can be a great pathway for their economic development.
    To me from the story we can learn that the importance of journalism is very high till now. It is the journalists who let the people know about a very important thing, probably without which they would not be accountable like this. Because of the journalists actions governments are deeply concerns and investing the matters.
    And about the government, I think they should investigate first properly, unbiasedly and independently. Then if they are found guilty, the accused must be punished accordingly under the local or international law. Besides, This must be ensured that the offenders cannot escape and the innocents are not harassed as well.

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  • British Council.jpg excellent_snow | Shouka Prep Girls School | Occupied Palestinian Territory
    18 Oct 2021

    Money laundering is considered one of the most serious crimes, with negative repercussions on the The economy and society, being the common denominator of most forms and patterns of crime and illegal activities. Outcomes that affect society: Economic results: money laundering operations result in a decline in Using sound capital and replacing it with illegal money, which Leads to a decline in economic development and financial investment, which It also negatively affects the value of local currencies compared to other currencies If the country's reputation is negatively affected, it will result in reputational risks that affect the country's reputation The flow of investments to this country, as well as negative repercussions on dealing Offshore financial institutions with domestic financial and banking institutions in carrying out financial operations On the one hand, financial stability , which negatively affects And the economy's ability to finance development needs on the other hand. Most countries in the world are trying to combat Money laundering by all means Available and feasible, as countries have Establishing financial intelligence units Specialized criminal court. Countries have also passed laws specific to criminal penalties money laundering. It is called the Anti-Money Laundering Law, which is based on Pursuing this crime by imposing control over the money transferred with the aim of Convert it to photos exporting it, depositing it and investing it, or tampering with its value or other forms, or following up on any other process that results in concealment of the source Who is getting this money from? Each of these operations.

    Reply to this comment
    1. tom Tom @ Topical Talk
      excellent_snow's comment 19 Oct 2021

      Could you make sure everything shows your own opinion by using sentence starters like "I think..." and "I believe...", excellent_snow?

      Reply to this comment
  • British Council.jpg original_pear | Rafah Prep (B) Girls School | Occupied Palestinian Territory
    18 Oct 2021

    It is called financial transactions that generate assets as a result of bad and unauthorized acts such as counterfeiting and money laundering that contribute to financial institutions in the fight against money laundering. I have a way to combat money laundering to countries that the government creates a physical transportation model across borders, including land freight. We see it to overcome problems so that governments that control the supply of money laundering and those who provide an advertisement through information or tools must receive the harshest penalties forcing them to the law, as they are transferred to a competent prosecution, and thus they are disciplined for a financial penalty so that they set an example for others. We must be a strong people.

    Reply to this comment
    1. Tiff-Avatar.jpg Tiff @ Topical Talk
      original_pear's comment 19 Oct 2021

      Can you explain how land freights combat money laundering?

      Reply to this comment
    2. Tiff-Avatar.jpg Tiff @ Topical Talk
      original_pear's comment 19 Oct 2021

      Can you explain how land freights combat money laundering?

      Reply to this comment
  • British Council.jpg compassionate_explanation | Beit Hanoun Prep Girls A School | Occupied Palestinian Territory
    18 Oct 2021

    The main reason for money laundering and financial corruption is tax evasion and tax avoidance, which is to avoid paying and obligating to pay taxes in whole or in part by using illegal forms by taking advantage of loopholes in the government and loopholes in tax legislation by buying property and real estate in other countries without paying their taxes by companies The unknown, whose owner is difficult for the state to discover in order to remain secret and perform its work in the required manner, and you may see, dear reader, according to most reports, that those who avoid tax are politicians and the rich ،For fear of the collapse of the economy in their country or the collapse of the ruling government of the country, and there is a clear and strong relationship between money laundering and tax evasion in that politicians and the rich launder money to avoid paying taxes, and this pushes them to use illegal methods such as opaque companies, and this negatively affects the Several aspects negatively affect the state that sells real estate, as it loses huge sums estimated in billions when the property is purchased or participates in a trade without paying taxes, and this state is unable to hold them legally accountable because it does not know who owns these companies، And their use of opaque companies negatively affects the entire society because it is the politicians and the rich who commit this kind of crime and they are the ones who rule the world today and use illegal methods to make money when the people see that their ruler is a criminal and a failure will follow his way and this leads to the spread of corruption in the country Legal systems lack transparency and accuracy in combating this type of corruption, and here comes the role of law enforcement officials in international courts and judicial associations.
    Here are some of the legal procedures
    1 Develop revealing plans for globally opaque companies and hold them accountable before the judiciary, whether their leader is a president or a politician
    2 Preventing the sale of any kind of property or real estate to companies without the knowledge of its owner until we are sure that they are not opaque companies
    3 Giving the press the right to spread widely to become this type of conspiracy because they are skilled in this field.

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  • British Council.jpg active_raisin | Faujdarhat Cadet College | Bangladesh
    19 Oct 2021

    I believe this will pave the way to uncovering even more hidden and secretive documents around the world.
    the pandora papers uncovered more than thousands of companies and even more individuals. Bold steps like these will strengthen the transparency and minimize corruption. Also people will be more aware of activities like money laundering and offshore accounts. NOW we need to ask how can we keep this up and spread the truth even further and wider?

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  • British Council.jpg forceful_snake | Faujdarhat Cadet College | Bangladesh
    19 Oct 2021

    The most surprising thing about this story is that even though tax havens are an open secret now we've failed to bring
    this crime to an end. According to a report by foreignpolicy.com "OFCs are estimated to hold up to $36 trillion in cash,
    gold, and securities, not including tangible assets such as real estate, art, and jewels. (For comparison, U.S. federal
    tax revenues are a little over $3 trillion a year.) " So the question arises was all this effort worth anything. Of course
    people came to know where the treasures are hidden but without taking measures we can't plan to go any further.Journalists played their part
    by bring this issue into the daylight and now its the judiciary's turn to bring us justice.
    The first thing we need to do is build up a proper framework for the laws to pass through but to be honest all most all
    the countries in the world have such a judicaiary. So the problem is not with the system but the people who are running it.
    The judiciary should remain corruption free. Otherwise it isn't possible for us to ensure the proper flow of cash within the country.
    The last thing that is to be done is to create examples. Any offender of the laws must be dealt with severely so that
    henceforth no one dares to commit the same mistake. If this is ensured hopefully money laundering can be brought to an end.

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  • British Council.jpg insightful_world | Barishal Cadet College | Bangladesh
    19 Oct 2021

    In my opinion, the most surprising thing about this story is great world leaders being involved in money laundering . They are just so relatable to the 'snake game' we used to play with the nokia phones. The snake sneaks and sneaks, greater the mouth gets and then he himself is tucked .
    The importance of journalism is great for these giants to get grained. And truthfulness is the key.
    To crack down money laundering the government should be true to the trusts of people.

    Reply to this comment
    1. British Council.jpg inspiring_economics | Sylhet Cadet College | Bangladesh
      insightful_world's comment 19 Oct 2021

      I appreciate your thought of holding government accountable to people. but my dear friend , question is how you are gonna ensure it ? who will guard the guardians?

      Reply to this comment
  • British Council.jpg clever_lime | Shouka Prep Girls School | Occupied Palestinian Territory
    19 Oct 2021

    Precision and organization: All the leader's actions are organized, and his time, papers and goals are organized.
    Event-making and the ability to make important decisions: A successful leader does not wait for events, but creates them.
    Influencing others: A successful leader influences others, communicates with them skillfully, and directs them to achieve the desired goals.
    Insightful vision: the successful leader can see what others do not see, but he accepts criticism directed at him and his proposed ideas.
    Motivation: the successful leader adopts motivation as an essential element in his work; Instilling enthusiasm among his employees.
    Great confidence in his abilities, capabilities and principles: a successful leader knows his strengths, and you are a catalyst and supportive of him in his leadership.
    Planning: The successful leader is the one who sets the correct and thoughtful plans for work, and does not leave room for chance in his work and the path to success.
    Social intelligence: The successful leader has the social skill that gives him the ability to communicate with others and communicate his ideas. He is a good listener and a skilled interlocutor.
    Delegating: He uses the delegation mechanism in his work, he knows when to delegate people, who to delegate, and identifies the tasks that can be delegated.
    Culture: The leader is an educated person, with a high degree of awareness and culture, who develops himself, his abilities, his capabilities, and his skills, through reading and training courses.
    Commitment to plans: the leader sets plans and knows that their success needs him to implement them, and he adheres to what they came with, and knows that they need time and effort in order to write them success.
    Moral commitment: The successful leader observes principles and values ​​during his work and his path towards success, so he does not put the speed of worldly success ahead of his values ​​and morals.
    Mental intelligence: This does not mean that the leader should be a genius, but rather that he has average intelligence, which gives him the ability to solve the problems he encounters, and make the right decision at the right time.

    Reply to this comment
    1. tom Tom @ Topical Talk
      clever_lime's comment 19 Oct 2021

      Can you link this to the story and the task?

      Reply to this comment
  • British Council.jpg clever_lime | Shouka Prep Girls School | Occupied Palestinian Territory
    19 Oct 2021

    Every group made up of individuals, regardless of its specialization and field of activity, needs a person to assume the role of leadership, and there is disagreement about this role, but it is certain that leadership does not mean issuing orders and serving self-interest, but rather it is developing a strategy that leads the entire team towards its goals, and to have Positive influence on those around him, and leads them to success.

    Arturo Torres says - in a report published by the Spanish magazine "Pascologia e Minti" - that teamwork is one of the essential aspects, whether in institutions and companies or in other informal settings, and requires good coordination, supervision, motivation and division of roles, and here the value of the leader emerges.

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  • British Council.jpg bright_grape | Mymensingh Girls Cadet College | Bangladesh
    19 Oct 2021

    Dear friend, it is a common scenario that everyone in the society wants to be a lion, wants to satisfy their hunger. Can we stop them and can this problem be ever eradicated?

    Reply to this comment
    1. tom Tom @ Topical Talk
      bright_grape's comment 19 Oct 2021

      I think this is a very important question, bright_grape.

      Reply to this comment
  • British Council.jpg smart_glacier | Beit Hanoun Prep Girls A School | Occupied Palestinian Territory
    19 Oct 2021

    The most important thing in the story is the case of money laundering and concealment
    In my opinion, it is not important who is involved in this case, whether he is rich or poor, a merchant or a leader. The important thing is that the state establish equality and impose financial control on everyone and raise awareness of the extent of its impact on the general public and the economic level. Here lies the role of the real press in revealing the facts and highlighting them in full so that the state and the concerned authorities hold them accountable.

    Reply to this comment
  • British Council.jpg bright_grape | Mymensingh Girls Cadet College | Bangladesh
    19 Oct 2021

    1.In my opinion the most interesting and disgraceful thing about this story is how ethical educated leaders, politicians and human beings can be! They are the chosen, talented ones of the country who are supposed to protect and increase the national wealth. Yet, they are running after money, leading their own country to destruction!

    2.From this story, we can learn that without journalism, many untold illegal works wouldn't have been stopped and our world wouldn't be how it is right now.
    We can see various shining examples of how 5 Times Journalists Changed The World For The Better. 1. Panama Papers. The most recent occasion on this list is a perfect example of journalism being the fourth estate and a service to the public. 2. Watergate Report. 3. NSA Surveillance. 4. Vietnam Report. 5. Murrow Ends McCarthy's Witch and obviously it is indeed praiseworthy how journalists brought out the Pandora papers which expose how some of the most powerful people in the world - including more than 330 politicians from 90 countries

    3. Governments can do the following things:
    a. They can create task force which will surveil over the black market, dark web because these are the hidden places, often overlooked and most of the time money laundering happens here.
    b. Governments should emphasize and allot more facilities to the detective and intelligence agencies and promote the creation of unique technologies to aid them.
    c. governments should strengthen and find out loopholes in their laws and punish those who do money laundering and corruption, be it a famous person, leader, judgement should be impartial.
    d. Governments shall talk to youths, make them aware and infuse patriotism in them so that they don't commit themselves to money laundering in future and youths will be the future leaders.
    e. They can also take opinions and innovative ideas from youths to reduce these sorts of problems in the society.

    Reply to this comment
    1. tom Tom @ Topical Talk
      bright_grape's comment 19 Oct 2021

      Some good options for governments there - which doyou think would be easiest? And which would have the biggest impact?

      Reply to this comment
      1. British Council.jpg bright_grape | Mymensingh Girls Cadet College | Bangladesh
        Tom @ Topical Talk's comment 19 Oct 2021

        Thank you so much for your reply. I believe that c will be the easiest since a government are already supposed to have impartial judgment yet due to loopholes they can't. If they become stricter they can easily do it. The one that will have the most impact is 'd'. Since youths will be in the frontline in the future, if we can shape them properly, our society will become positive and our future will be bright. They are the newest generation and they get so many unique ideas everyday! Their ideas might be better than those given by adults since they are the new thinkers and loophole checkers.

        Reply to this comment
  • British Council.jpg ethical_moth | Mymensingh Girls Cadet College | Bangladesh
    19 Oct 2021

    The most interesting thing that I get to know from the story is that the Pandora papers are a kind of great revelation for the ignorant people . The stories from our newspapers only show the bright side of the works done by the world leaders . But knowing the bright side doesn't work out . The evil side remains in dark and the evil creeps it's way through the goodness. For this sake, the Pandora papers are a great deal for us . This is how the above story fascinates me.
    From the story , I can say that journalism is the only profession to learn about the ugly side of the good faced world and it is the only way through which we can stand against the wrong ones bravely with the proper proofs in our hands.
    The most essential thing that the government can do to stop money laundering is to give preferences to the opinions of the journalists and to believe in the true stories from the protected and trusted sources . the opinion of the general people regarding money laundering matters too a lot. also following the proper protocol and laws with certain honesty and dedication will also help.

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  • British Council.jpg gutsy_wallaby | Sylhet Cadet College | Bangladesh
    19 Oct 2021

    1. I and surprised to learn that some of the politicians are involved in offshore business and they are taking advantage of their position getting involved in money laundering and tax evasion. It is seen that according to BBC news research about 330 politicians are engaged in offshore business as a result they are just increasing their own assets and wealth in the name of the welfare of the citizens. But this wasn't supposed to happen, the politicians are supposed to be the guardian of the citizens. And the most surprising thing is that some of the prominent politicians are involved in it who some people idolized.


    2. From this story, we can learn that the most important thing to journalism is the verified source, to find the truth and good decision making.
    In the Pandora Papers, we can see that the journalists have exposed many famous politicians and they have done it by collecting information and verification from some valid sources then announced it to the public. Then again they also follow the path of truth, they could have just blackmailed the imminent person to get a bribe instead they move forward with their complete integration making the right decision.

    3. The first thing the government needs to do is to hold the record of the assets and properties of wealthy people and every politician especially the offshore business records. Then again there should be a limitation of getting involved in offshore companies. The purchases of properties via a chain number of companies should be banned. The tendency of holding secrecy in ownership of offshore companies has to be avoided. In this way, the money laundering case rate can be under control.

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  • British Council.jpg humble_piano | Shouka Prep Girls School | Occupied Palestinian Territory
    19 Oct 2021

    I always wonder why people do illegal things? Is it for fun? Why such large amounts of illegal transactions? Is poverty the answer? No, it is not always the answer Because when I read the article, I found that most of those who did these things are businessmen, and the evidence for this is this statement in the article “The files reveal how some of the most powerful people in the world – including more than 330 politicians from 90 countries – use secret offshore companies to hide their wealth.” What drives them to do these things is lack of law enforcement or their complacency, and as it has been said, “He who is safe from punishment is bad in manners?” ».
    And sometimes the government may allow them to own real estate from unknown companies outside of the box of the country, and this is what encourages some people to launder money. This term means converting their dirty money into legitimate and permissible money as if it were legitimate. But thanks to the press who exposed these conspiracies and leaked papers and evidence.

    The government must know the sources of funds and cooperate with banks by setting deterrent laws. Here comes the role of the press, which is to spread awareness and sanctions all the time and follow up from moment to moment, and for people to become angry at those who have been punished and know the difficulty of the matter and its danger to the individual and society. They must see with their own eyes the consequences to be sure.

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  • British Council.jpg analytical_chocolate | Eko Akete Senior Grammar School | Nigeria
    19 Oct 2021

    Investigate journalism provides truth about people from government and other entities such as corporation who attempt to keep their often illegal activities secret its purpose is expose such action so that those involved can be held accountable

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  • British Council.jpg valuable_tennis | Pabna Cadet College | Bangladesh
    19 Oct 2021

    Any financial transaction which generates assets conducting different illegal acts that may involve acts such as tax evasion is called money laundering. The Pandora Papers have found 12 million similar cases worldwide. We know that the politicians should be concerned about different illegal activities and corruption and they should take necessary steps to control such kind of activities which are harmful for the country and the nation as well. So, according to my opinion the most surprising fact about this story is that 300 politicians from 90 countries were involved in the illegal activities like money laundering. Because it is the politicians who should be concerned about this illegal activity.

    So we need such kind of journalists who really want to remove corruptions from the country and want to make it a beautiful one. Because ordinary people don't know about these activities clearly and they don't have have deep knowledge on this that's where ordinary people avoid those taking as normal but it is journalism which can raise their voice with their articles and their thoughts.

    We already know that there are inadequacy in the law of giving the legal opportunity to launder money. So first of all, the government should take steps to uncover these loopholes and find countermeasures. Secondly, the government should introduce new laws regarding the use and transaction of money to reduce the possibility of money laundering. Finally, the tax detector and records department must have to be stronger enough to get rid of this problem.

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  • British Council.jpg charming_wolf | Joypurhat Girls' Cadet College | Bangladesh
    19 Oct 2021

    1. The most surprising thing about this publication is that they could even trace the sources and retrieve all such confidential information. The people who did such heinous acts surely took all measures they could to protect their little secrets. But here we are, studying their corruptions. Impressive, indeed.

    2. The most important thing for a journalist is to have wits and the means to use them. Had they not connected different ,very unrelated, events with slight strings of connectors that only the greatest of observers could notice, it wouldn't have been the pandora papers that we know of.

    3. Government must be strict. The accounting can be done online, so that all information can be preserved with ease and assurance. Therefore the sources and expenditure of the riches of wealthy people can be traced easily at any time, and any err might be noticed at any time. Thus money laundering can be reduced. And there should be strict implication of laws on this subject.

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  • British Council.jpg secure_cymbals | Beit Hanoun Prep Girls A School | Occupied Palestinian Territory
    19 Oct 2021

    1) What is the most surprising thing about the Pandora story: the huge sums and tax evasion that affect the services that the state provides to the people such as education and health
    2) What have you learned about the importance of journalism: that journalism is the face of truth and the unveiling of corruption?
    3) What are countries doing to eliminate money laundering: Bringing money launderers to court, prosecuting them, and prosecuting them

    Reply to this comment
  • British Council.jpg poetic_coconut | Sylhet Cadet College | Bangladesh
    19 Oct 2021

    The most surprising fact to me is that some of the powerful and wealthy people including more than 330 politicians from 90 countries use secret offshore to hide their wealth. To me the politicians and influential wealthy people are the executor and legislator of the laws but instead of having the power and provision to stop such illegal acts they remain reluctant to take actions against evasion of tax because of their personal gains.
    The Pandora Papers are 11.9 million leaked documents with 2.9 terabytes of data that the International Consortium of Investigative Journalists (ICIJ) published beginning on 3 October 2021. Here the journalist obviously got their work together when presenting the whole bunch of leaked information perfectly.More than 600 journalists in 117 countries have been trawling through the files from 14 sources for months, finding stories that are being published on the Pandora papers. On the other side of the coin to fetch and collect the data journalists had to take interview with the locals, officials and respected involved people to listen to their perspectives and opinions. Experience, information, , different culture, sincere consideration, thinking, fast mind and knowledge, is the thing that is in common between numerous columnists in uncovering Pandora's papers. Thus due to profound blend of listening, speaking, problem solving, creativity and collective approach from the journalists in the field of journalism, such massive network of offshore companies involved in illegal evasion of tax and money laundering was exposed.


    What is money laundering and why is it illegal?
    Money laundering is the illegal process of making large amounts of money generated by a criminal activity. Most of the developing countries are in this viscous circle of darkness due to lax legislative regulations.
    The government can take such steps in regard to crack down money laundering:
    1. Implementing legislative laws that can create an impact on the banks to abide by those regulations.
    2. Introducing exemplary penalties for the lawbreakers.
    3.Monitoring the implementations of laws through establishing a seperate committe having national recognition in this regard.
    4. Providing technologies such as AI, to conduct constant searches can reduce some of the burden for AML officials and loans for standardizing the overall system.
    5. Structured training and schooling of the officials on constant basis through government initiatives.

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  • British Council.jpg amiable_mulberry | Rafah Prep (B) Girls School | Occupied Palestinian Territory
    19 Oct 2021

    I think thatPandora Papers is a project designed and organized by the International Consortium of Investigative Journalists, in collaboration with more than 140 media organizations, that has obtained records and documents of more than 11.9 million documents from 14 external entities, including law firms and wealth management firms, revealing that A hidden world in which a number of kings, presidents, government leaders, high net worth individuals and criminals protect their financial fortunes through tax evasion and money laundering. Pandora's Papers reveal the financial transactions of some of the world's most powerful people, including more than 330 politicians from 90 countries around the world, Compiled and researched by more than 600 journalists in 117 countries around the world, they have found stories to be published this week. In addition to documents and records, the leaked Pandora papers include nearly three million images, more than a million emails, and nearly half a million spreadsheets. .

    Reply to this comment
    1. katie.jpg Katie @ Topical Talk
      amiable_mulberry's comment 20 Oct 2021

      Please make sure you put information into your own words or share where you found it, amiable_mulberry.

      Reply to this comment
  • British Council.jpg active_fact | Shouka Prep Girls School | Occupied Palestinian Territory
    19 Oct 2021

    As a student, it was difficult for me to understand the subject of money laundering, securities and world economies. However, thanks to this huge competition that I am running in my name and in the name of the school and in the name of the English language teacher, it is thanks to the understanding of many terms that I do not imagine my mind one day and at this age that I have Information on the subject of money laundering and being familiar with it from all sides, even if it crosses my mind, but I do not give it the greatest importance, but here the awareness is different, and I became more knowledgeable, cultured and a scientific reference on the subject of money laundering. Specific to money laundering, I must first know for you what is money laundering in all simplicity. It is money laundering and the transfer of large amounts of money obtained illegally and illegally into clean and negotiable materials in all public activities. I realized here that this method is to hide and cover The sources through which money is earned through the use of illegal means of investment, and then invest their profits in legal activities, does it make sense?? It is an economic disguise of illegal financial sources And here, such crimes must be punishable by law because of their negative impact on the private economy of countries, and since this crime gives space for criminals to dispose of the laundered money and employ it in public activities, by concealing its true sources and contributing to the expansion of the illegal money of the corrupt To earn and earn a lot of money, and all of this has consequences that threaten the political stability of countries due to the use of laundered money to finance illegal and criminal operations that lead to the spread of a security and national threat and spread political corruption, and money laundering has many social consequences that in turn affect the entire societal environment, because in it Corrupt people seek to spread all kinds of trade in order to easily launder their money, and it is necessary to combat money laundering so that countries establish specialized criminal units for this, and to issue penalties for those responsible for money laundering by imposing control on the transferred money with the aim of exporting it, depositing it or tampering with it and following up on the operations that operate Concealing the source from which these funds are acquired and money laundering is a crime punishable by international law. We, as peoples and governments, strive to combat those The serious crime that shakes the world and thus collapses nations

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    1. katie.jpg Katie @ Topical Talk
      active_fact's comment 20 Oct 2021

      We are very happy that you are learning lots because of Topical Talk! Thank you for sharing, active_fact.

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  • British Council.jpg smart_glacier | Beit Hanoun Prep Girls A School | Occupied Palestinian Territory
    19 Oct 2021

    The most striking thing in the story is that the owners of money are people chosen by the people themselves to be a source of trust who control their livelihood and entrust the lives of their people. It is shameful that these are the ones who steal money or evade taxes and invent the means to evade rights and steal their peoples money
    It cannot be hidden that the press has a real role in uncovering the hidden as long as it is against morals, as it considers money laundering, tax evasion, and hiding money under other names, which are nothing but immoral acts and for people who have placed their trust in the people.

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  • British Council.jpg creative_squirrel | Rafah Prep (B) Girls School | Occupied Palestinian Territory
    20 Oct 2021

    I think the Pandora Papers are the largest set of tax haven leaks in history. It provides a rare window into the hidden world of external finance, and sheds light on the financial secrets of some of the world's richest people. The files were leaked to the International Consortium of Investigative Journalists (ICIJ), which has shared access with the Guardian, BBC and other media around the world. In total, the collection consists of 11.9 million files leaked from a total of 14 external service providers, with a total of 2.94 terabytes of information. This makes it larger than both the Panama Papers (2016) and Paradise Papers (2017), two previous external leaks.
    The Pandora Papers reveal how state leaders and the rich people hide their money from hundreds of personalities, including Putin, King Abdullah, Blair, the ruler of Dubai and Mikati, and revealed a real estate empire of 100 million pounds, belonging to Jordanian King Abdullah II, stretching from Malibu and Washington to London. The king declined to answer specific questions, but said there was nothing illegal about him owning homes through overseas companies. The Royal Court in Amman confirmed, in a statement, that the information published was “inaccurate” and “false,” considering that publishing its addresses constitutes “a threat to the safety of the King and his family.” The statement clarified that the king personally bore the cost of his real estate abroad.

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  • British Council.jpg excellent_politics | Barishal Cadet College | Bangladesh
    20 Oct 2021

    In my opinion , the most surprising thing about this story is, the secret wealth and dealings of world leaders, politicians and billionaires are exposed.
    From this story, I learned that importance of journalism is immense. Journalists do a lot of work finding the truth and preaching it to the people. These types of horrific truths come in front of us only for journalists. So, journalism has great importance.
    In my opinion, governments should be strict in defending money laundering. They should take necessary steps regarding this. Police force should be more careful. Following things can be done to crack down on money laundering:
    1. They should improve searches with the help of technology
    2. They should have regular cross-communication
    3. They should use data analytics to find patterns
    4. They need to standardize the systems
    5. Giving people structured training is very essential

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  • British Council.jpg compelling_land | Sylhet Cadet College | Bangladesh
    20 Oct 2021

    1.
    According to my speculations, the most surprising thing about this story is the involvement of prominent and influential world leaders in this financial scandal, some of whom opposed money laundering and tax evasion.

    The Pandora Papers investigation has linked the names of the prominent Tory donor who was involved in one of Europe's biggest corruption scandals, Azerbaijan's leading family's hidden involvement in property deals in the UK worth more than £400m, how the family of Kenyan president Uhuru Kenyatta's secretly owned a network of offshore companies for decades and many other cases that involve eminent personalities and world leaders.

    During a speech in England's West Midlands, former British Prime Minister, Tony Blair suggested, "We should not make our tax rules a playground for tax abusers who pay little or nothing while others pay more than their share" . Andrej Babis, the millionaire Czech Prime Minister, rose to power promising to crack down on tax evasion and corruption. In 2011, as he became more involved in politics, Babis told voters that he wanted to create a country “where entrepreneurs will do business and will be happy to pay taxes.”

    But now, these individuals are the ones who are engaging in such types of scandals, proving their previous actions to be a public facade. This is really shocking and surprising.

    2.
    This story proves how great role journalists play in our society. To be precise, these investigative journalists are the ones who shine a light on the world's darkest corners. They provide the truth about people from higher authorities, people from the government, and other entities. They expose such actions so that those involved can be held accountable. They always focus on showing the truth, no matter who may be involved in the story. They can change the path of history.

    The main difference between investigative agencies and investigative journalists is that the journalists focus on a public issue rather than working on a specific person or case. And the most important thing is that they leave the responsibility of judgment to the public, the common people, without any censorship like many investigation agencies. That's what makes them unique.

    They work for the betterment of our world despite having safety concerns like reporters' fears of being targeted or threatened by criminals. The revelations of the 'Panama Papers' even led to the car bomb assassination of one of the journalists who shone a bright light on the dark underbelly of tax-dodging billionaires.
    The journalists are the ‘voice of the voiceless'. Journalism is important because it spreads the truth to people; facts that people need to know. It makes us aware of all the wrongdoings going on in society.

    3. Though there is no overnight solution for money laundering and tax evasion, the government can do something about this issue. Such methods might include: Require the UK’s Overseas Territories and Crown Dependencies to operate to the same levels of transparency as the UK, provide proper resourcing to the teams meant to investigate corruption, Accelerate the timeline for introducing a public register of the real owners of overseas companies being used to buy UK property and bid for UK Government contracts, etc. It is becoming hard to prevent day by day because lawmakers are involved in breaking the law. No matter who it is, none should be able to deceive the eye of law. Mass surveillance should be made strict. The exchange of information between banks and various government agencies, including law enforcement, and the sharing of information between banks themselves should be eased. Accountability and transparency must be ensured in all financial sectors. Lastly, people need to be more conscientious. Whether it’s the person committing the felony, or the witness, everyone has to confess to their guilt and think of doing things in the right way. Rather than waiting for others to rectify themselves first, everyone has to rectify himself/herself first. Only through this will true morality be achieved.

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  • British Council.jpg cherished_lobster | Sylhet Cadet College | Bangladesh
    20 Oct 2021

    1. In my opinion, the most surprising thing about this story is, the unraveling of the most influential world leaders in this financial havoc, many of whom have been known as just and wise leaders in history.

    Hiding wealth in opaque and intricate financial instruments in other countries is known as offshoring, and through this process dictators, oligarchs, drug traffickers, criminals, and others with illicit assets can hide their money from public scrutiny, creditors, and the law and at the same time avoid paying taxes. Through Pandora papers, we also saw that honest and influential leaders are using it too shockingly. The Pandora Papers investigation has linked the names of Jordan's King Abdullah II; Lebanese Prime Minister Najib Mikati; Hassan Diab and his predecessor; governor of Lebanon's central bank Riad Salameh, Kenyan President Uhuru Kenyatta, along with six members of his family; former British Prime Minister Tony Blair and his spouse; Ukrainian President Volodymyr Zelensky, and many other influential leaders Money laundering and offshoring are the opposites side of the same coin and they are linked to each other.The people we follow in our daily life, also we call them as celebrity, they are also engaged in money laundering and offshoring. Shakira, Neymar Jr. are found to linked to offshore assets. Setting up companies and trusts abroad is easy, relatively inexpensive, and in many cases legal.




    When we see our idols are involved in such types of scandals. This is really shocking and surprising.

    2.Pandora Papers show us what great role the journalists are playing for our society. I am not doing flattery but, these investigative journalists shine light to the world's darkest corners. They provide truth about people from higher authorities, people from government, and other entities. They expose such actions so that those involved can be held accountable. They always focus on showing the truth, no matter who may be involved in the story. They can change history.

    The difference between investigative agencies and investigative journalists is that the journalists focus on a public issue rather than working on a specific person or case. And the most important thing is that they leave the responsibility of judgment to the public, the common people, without any censorship like many investigation agencies, making them unique.

    They work for the betterment of our world despite having safety concerns like reporters' fears of being targeted or threatened by criminals. 'Panama Papers' even led to the car bomb assassination of one of the journalists who bravely exposed the secrets of tax-dodging billionaires.
    Journalism is important because it spreads the truth to people; facts that people need to know. It makes us aware of all the wrongdoings going on in society.

    Hundred thousand leaked reports and the biggest journalistic organization ICIJ in history have revealed 300+ lawmakers and open authorities in 91 nations and domains, and a number of criminals and executioners universally. The Pandora Paper’s 11. 9 million records arrived from 14 different offshore services firms; exposes the offshore secrets of wealthy elites from more than 200 countries and territories, which involved more than 600 journalists from 150 media outlets in 117 countries. Working as a reporter, especially in these sorts of sensitive issues can be challenging and threatening. In leaking of Pandora papers and news regarding offshoring, journalism here served as the looking glass of the witch; monitoring the political process and exposing the budgetary privileged insights of powerful peoples in order to ensure that politicians, influential people cannot engage themselves next time onwards in unlawful activities and don’t abuse their positions. The purpose and importance of journalism are to inform the public with the information needed to live their lives and what can be more threatening for the development of a country when people hide their income while making a lot of money abroad. This is where journalism is important. Without journalism, the world will not be aware of this problem and a country will never develop if this money laundering increases at an alarming rate. If it increases, it will be difficult for people who pay taxes fairly; we will see a breakdown in the socio-economic status of the people.

    3.Rome was not built in one day. It can be said for money laundering too. And to break something's base that is strong like this, we can't do something overnight. It is becoming hard to prevent day by day because the lawmakers are involved in breaking the law. No matter who it is, none should be able to deceive the eye of law. Mass surveillance should be made strict. The exchange of information between banks and various government agencies, including law enforcement, and the sharing of information between banks themselves should be eased. Accountability and transparency must be ensured in all financial sectors.The government does not have to tell law enforcement which cases to investigate, it can provide adequate resources to the team tasked with investigating corruption. This will allow them to investigate and serve a new order of unexplained wealth. If we can reduce false positives, we can expand the reach of accounts to a more granular level and make reporting more effective. Regular meetings allow banks and law enforcement agencies to stay informed, investigate suspicions, identify potential networks, and strengthen public-private partnerships to create a common front against money laundering. Only the government cannot crack down on money laundering. Financial institutions and businesses also must maintain detailed transactions and implement software that can detect suspicious activity. Customer data can be classified according to different levels of suspicion, and transactions can be rejected if they meet certain criteria. Money laundering cannot be stopped completely, but persistent surveillance can reduce it. Financial firms can monitor customer deposits and other transactions to ensure they are not part of a money-laundering scheme. In this way, the government with the help of the bank and other financial organizations can crackdown on money laundering. We have freedom of expression and it is also we who choose our leaders. So, we have to ensure that they are honest and transparent enough to stop and prevent money laundering. We must not forget, the government cannot alone stop money laundering, these are we who must come forward and give our full effort to eradicate it.

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    1. katie.jpg Katie @ Topical Talk
      cherished_lobster's comment 20 Oct 2021

      Lots of great information here. You have clearly based your opinions on research, which is very important. At the end of your comment, you say: "We have to ensure... we must not forget...these are we who must come forward...". Could you explain what you mean by "we"?

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  • British Council.jpg admirable_maths | Sylhet Cadet College | Bangladesh
    20 Oct 2021

    The most surprising about this story is that that pandora leaks is the biggest leaks of 2.94 TB of data after the paradise papers. And International Consortium of Investigative Journalists (ICIJ) has collected the data. To me it was a success for the journalist and the sufficient use of creativity by them. That's what a journalist needs. \
    This story absolutely marks a great success of journalism. Because of the leaks of the pandora papers, people involved with money laundering got their punishment. Which they hid became their loss. People became aware of the offshore money laundering. By leaking the pandora papers, the journalist showed no fear about it as powerful organization as well as persons were involved with the pandora papers. And it was also a risky task to manage almost 12 million documents that reveals hidden wealth, tax avoidance and, in some cases, money laundering by some of the world's rich and powerful.
    There are some steps that can be taken by the government to stop money laundering.
    1. Number of spies can be increased who will be given task to different regions. They will get mixed up with people normally and find out about any corrupted work.
    2. The scale of punishment should be increased for money laundering.
    3. Proper judgment system has to be introduced throughout the country.
    4. We have to motivate people about the corrupted works and to be more interactive.
    5. If the government system of a country really run with a excess tax rate and more things like that then the government has to understand the condition of the local people.
    6. Corruption inside the government has to be stopped.

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    1. katie.jpg Katie @ Topical Talk
      admirable_maths's comment 20 Oct 2021

      Why might others be unhappy with your suggestion of "the number of spies can be increased"?

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  • British Council.jpg majestic_moon | Beit Hanoun Prep Girls A School | Occupied Palestinian Territory
    20 Oct 2021

    I think that the word "money laundering" and the word "money laundering" converge in the connotation of their concept. And in my opinion, this means the use of tricks, means and methods to get rid of the money acquired in illegal and illegal ways, to give it legitimacy and legality. This includes money earned from bribery, embezzlement, commercial fraud, counterfeiting of funds, and rewards for espionage activities. This pernicious phenomenon is undoubtedly one of the fruits of economic globalization promoted by the West. I see that it is very popular nowadays
    What is money laundering: Money laundering is a modern term that is an alternative to the shadow economy, black economies, or shadow economies. It is to earn money from illegal sources, and sometimes this forbidden money is mixed with other halal money, and it invests in activities that are legally and legally permissible to hide its forbidden source and get out of legal accountability, after misleading the security and control authorities. .
    What are the methods of money laundering?
    One of the ways in which illegal money is laundered from theft, bribery, drug smuggling, human smuggling, child trafficking and gambling clubs is for the owners of these illegal funds to deposit them in banks or transfer them between banks. To combine it with legitimate funds and hide their original sources. These funds may be transferred from domestic banks to international banks which have many branches in the world. Then the foreign banks themselves make another transfer of funds through their various branches, after which the owners withdraw their money from the banks to buy land, or contribute to transcontinental companies. There are other ways, but I tried to shorten them. These methods are very bad. Can you eat the forbidden money or the money that you earned illegally?
    Is the phenomenon of money laundering escalating?
    Economic statistics and reports confirm that the phenomenon of money laundering is escalating frighteningly, especially in light of economic globalization and the spread of electronic commerce. Electronic money laundering takes place within a few minutes or seconds in order to speed up the concealment of these criminal operations. What are the sources of this dirty money? The sources of dirty and internationally prohibited money include: drug cultivation, manufacturing and selling, slave trade, evasion of duties and taxes, bribery, kickbacks, profit from a job, job abuse, theft, embezzlement and extortion, commercial fraud, and trafficking. In corrupt and prohibited goods and counterfeiting. in money, documents, trademarks and trademarks, and from gambling in the global financial and commodity markets, and from fictitious transactions. In the end, I would like to say to all those who work in light of this bad deed to stay away from it because in the end it will lead to their destruction and expose them. Will you then feel humanity? Will you regret it when you are caught?

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  • British Council.jpg champion_mode | Sylhet Cadet College | Bangladesh
    20 Oct 2021

    In my opinion, the most surprising thing about this story is that the use of tax havens costs governments worldwide up to $600bn in lost taxes each year.
    From this story, I can learn that the journalists uncover the truth that is crucial for us to know.
    To crack down on money laundering, the government will have to make and implement strict laws. It's not enough just to make laws. The government also needs to ensure its implementation. The government should try its level best to fix the loopholes that are there and being misused. This is the best I can think of.

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    1. katie.jpg Katie @ Topical Talk
      champion_mode's comment 20 Oct 2021

      As a challenge, could you give an example of one of these loopholes and suggest what a government could do about it?

      Reply to this comment
    2. Bruntcliffe-logo-250x250.jpg openminded_history | Bruntcliffe Academy | United Kingdom
      champion_mode's comment 20 Oct 2021

      I agree with your opinion as it is very well written and set out. It is also very much like my opinion.

      Reply to this comment
    3. Bruntcliffe-logo-250x250.jpg openminded_history | Bruntcliffe Academy | United Kingdom
      champion_mode's comment 20 Oct 2021

      The fact that the governments lost 600b dollars. That is a waste of people's money that could be used for a lot of food for a poorer country or could've been used for good.

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  • Bruntcliffe-logo-250x250.jpg openminded_history | Bruntcliffe Academy | United Kingdom
    20 Oct 2021

    The most surprising thing about this leak is that there is so much information that is only available to the higher ups of the country. This shows how journalism is important because without journalism alot of fame/publicity would be in the dark leaving a lot of people wondering if it is fake. The government could stop money laundering by setting out investigations of suspicious activity.

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  • Bruntcliffe-logo-250x250.jpg distinguished_location | Bruntcliffe Academy | United Kingdom
    20 Oct 2021

    In my opinion, I think that leaked information is an atrocity. This is purely a thing because governments and companies should tell the truth in the first place anyways. Therefore, leeks should not be a thing because secrets should not be held by any good association/government/companies. This type of secrecy links to tax evasion as well, like we all saw in lockdown, most self employed people couldn't get much help because they had lied about their income. Most companies get information leeks with things like this, for example Godiva Southeastern Railways (a rail franchise company in the uk) has been fined because of those.Southeastern can't repay the money so has to shut down and will be now ran by the government under the Great British Railways re-nationalisation program. Though the leek sounds like a good thing, it actually isn't. If the information wasn't hidden, then it wouldn't have to have been leaked s and the company wouldn't of been shut down because it would of paid its taxes.

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  • British Council.jpg supportive_tradition | Rafah Prep (B) Girls School | Occupied Palestinian Territory
    20 Oct 2021

    Well, the most interesting part of the story and the sentence that attracted Mrs. Kumar said that it hurts the rest of the society. "The ability to hide money has a direct impact on your life. It affects your child's access to education, health, and home."
    I think that everyone who contributes to money laundering, which is one of the most serious crimes in the modern era, is a big criminal and should be handed over to the legal authorities and brought to court.
    I would say that it is the challenge faced by financial and commercial institutions, a test and test of the ability of the press to be effective in confronting activities and combating patterns of money laundering operations.
    Money laundering is also considered a crime, which is known as dirty money to allow companies or the state to use it easily. I think their crimes generate huge sums of money, such as drug smuggling, arms smuggling, slavery, corruption activities and others.
    Interest in many countries has increased recently, especially in the face of money laundering operations that I consider illegal, which are carried out in several stages, but I do not want to say this because others said so in previous comments.
    But have you ever wondered why money laundering appears??
    First: Increasing the volume of e-commerce and rapid financial transactions.
    Second: The economic and global openness, the great technological progress in the field of bank transactions and transfers, the weakness of the banking system, and the weak supervision of banks in light of the economic openness and the expansion of modern means of communication.
    And the sources of money laundering carried out by traders from activities with illegal goods and services such as trafficking in drugs, human organs and others.
    and activities of smuggling goods across borders without paying taxes such as smuggling goods, cigarettes and weapons or illegal export by half, etc., as well as bribery, embezzlement of funds, financial corruption and profit from public jobs. like what??
    For example, every refusal to work is within the competence of the government employee, and this is considered job trafficking.
    There are other activities and sources in money laundering. But I want to say how governments can eliminate the phenomenon of money laundering and what is their role in limiting or eliminating this phenomenon???
    That governments work to tighten control over banks, deposit and transfer through banks, and not to deposit illegal funds in foreign countries.
    And that governments work to force companies to use companies in a clear and not fictitious name so as not to hide illegal business or large trade and mix illegal money with company profits, and the obligation on governments to investigate the identity and personality of the customer. Dealing with the bank.
    And the obligation to keep records and documents and keep them.
    Companies must warn against customers who hide information or provide false information, and most importantly work to develop internal banking practices and programs.
    And if we do not act in this way and are eager to give our voices and our views to the governments to act to eradicate this phenomenon, it will happen, as Mrs. Kumar said, that this will appear in the rest of society…………… ....
    Let us work on this in order to preserve a peaceful future for our children and future generations.

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  • British Council.jpg dependable_wombat | Mymensingh Girls Cadet College | Bangladesh
    21 Oct 2021

    As far as I think, the skill a journalist must have to investigate the Pandora papers is "problem-solving". Being endowed with this quality ,the journalists can easily relate the information, find out links between them and predict the whole thing that is happening. And for cases like Pandora papers, a journalist has to work more like a investigator. For solving a problem, at first that problem has to be identified, analyzed thoroughly and described properly. after that ,one should approach to seek for the roots. And these steps are the required ones to take for investigating the Pandora papers. After identifying the problems caused because of avoiding tax , these have to be analyzed to find the origin of those problems. After that, it can be described elaborately so that more possible reasons can come in light.

    Second, I will choose 'Creativity'. Creativity isn't only needed to invent things. But, it has the same importance in case of investigation. Creativity mostly works on hypotheses. As a result, creative people can think in an exceptional way that no other does. For this reason, creativity can come up with theories and results that would have never come in normal investigations. So, if the ideas from a creative journalist are analyzed, something amazing can be discovered.

    Third, 'Listening'. Listening is important because rumors and fake news (so-called) are sometimes important to investigate. Sometimes the news that minor television channels, internet blogs, and newspapers publish about the higher-ups of the government body or billionaire businessmen is easily denied and no one even thinks about to think about those. But if these are analyzed thoroughly, then some of these can be found true. But, for that, a journalist must hear the voices of people.

    Lastly, 'Speaking'. This is also an important skill to have for a journalist. If a journalist can't speak out after investigating the Pandora papers, then there is no point in wasting this much time to expose the misdeeds. A journalist must have the courage to reveal the truth he has discovered so that not another person falls into this trap. But, I am keeping this skill at last because this type of investigation is usually conducted by a strong organization of the journalist (mostly ICIJ). So, a single journalist's voice isn't necessary. And, these organizations have a strong base, reliable support, and security. So, speaking ability is not a must in this case.

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  • British Council.jpg remarkable_cranberry | Mymensingh Girls Cadet College | Bangladesh
    21 Oct 2021

    Money laundering is the most surprising thing to me.Money laundering is the process of changing large amount of money from crimes like drug trafficking in a legitimate source.It is a key operation of underground economy.

    In past times,the term "Money laundering" was only about financial transaction in illegal way but now the definition has expanded by government and international regulators which also includes tax evasion or false accounting.

    And from the story we get to know why journalism is important.Journalism is set for the search of truth.Whenever we have question in our mind that why the world is facing this much,then we get those answers from the news of journalists.Journalism is the voice for voiceless-we all cannot raise our voice in front of authority where journalists can do it in open debate.It ressembles an ally between specialists and general public. Oscar Wilde expressed, "By offering us the input of the uninformed, journalism keeps us in contact with the obliviousness of the local area.”All in above we can allege that journalism is a inconsistent profession in our society.

    Government could do many things to crack down money laundering.Government could crack down to tax havens at home and abroad.They could close loopholes in the corporate transparency act as well as reform FinCEN.Moreover,they could hold financial institutions accountable along with level the tax burden.

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  • British Council.jpg marvellous_juniper | Mymensingh Girls Cadet College | Bangladesh
    21 Oct 2021

    In your opinion, what's the most surprising thing about this story?
    1.In my opinion, the most surprising thing about this story is people's response to it and persons related with offshore companies, among them mentionable are The Kenyatta family ,the King of Jordan Abdullah II, former UK Prime Minister Tony Blair, Gabon's President Ali Bongo Ondimba and President of Congo-Brazzaville Denis Sassou-Nguesso.

    From this story, what can we learn about the importance of journalism?
    2.This story helps us to learn how journalists can play very powerful and impactful role in discovering hidden financial information when most of them are illegitimate and many of these stop us for a minute and make us think about these facts. So, this story clearly depicts the importance of journalism.

    What could governments do to crack down on money laundering?
    3. Ensuring transparency and close monitoring of foreign transactions can be a fruitful attempt by government to crack down on money laundering. Besides the government need to work on strenghtening the tax department and other financial instituitions to stop money laundering.

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  • British Council.jpg grounded_ibex | Rajshahi Cadet College | Bangladesh
    21 Oct 2021

    In my opinion , the most shocking part about the story is the fact that the rich people (who get the most advantages from the government ) are suppose to contribute to the total development of the nation but they are the one evading that responsibilities misusing law .
    From this story, I can learn that journalists have the opportunity to uncover the unlawful activities which are suppose to be done by the government. They can also force the government to take necessary steps against the untouchable persons of the society .
    I think government should track all shorts of income of all people and use algorithm to determine what are supposed to be the tax . If the journalist could crack them , I think if givernment use proper skilled investigators to find money laundering , this can be stopped .

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  • British Council.jpg incomparable_queen | Rajshahi Cadet College | Bangladesh
    21 Oct 2021

    1.In my opinion, the most surprising thing about the story of Pandora Papers is, the involvement of prominent world leaders and many of whom have been advocated for stricter tax rules.

    The investigation has revealed the names of King of Jordan; Kenyan President Uhuru Kenyatta, along with six members of his family; Sir Phillip and Lady Green; Ukrainian President Volodymyr Zelensky, and many other influential leaders.

    During a speech in England's West Midlands, former British Prime Minister, Tony Blair suggested not to make tax rules a playground for tax abusers who pay little or nothing while others pay more than their share. The Czech Prime Minister, rose to power promising to crack down on tax evasion and corruption. In 2011, as he became more involved in politics, he told voters that he wanted to create a country “where entrepreneurs will do business and will be happy to pay taxes.”

    And now in this incident of Pandora Papers these people themselves are involved which is really surprising.


    2.This story proves how important the role of journalists are in our society. Actually those journalists have tore down the dark secrets which was unknown to general people which was affecting the lives of general people in every aspects. They provide truth about people from higher authorities and they have exposed such actions so that those involved can be held accountable. They always focus on showing the truth, no matter who may be involved in the story.

    And the most important thing that those journalists have left the responsibility of judgement of Pandora Papers to the public, the common people, without any censorship . Actually that is what make their profession so great.
    Actually the journalists work for the betterment of our world despite having safety issues. Truth to be told they hardly care about their ownselves.
    The journalists are the ‘voice of the general people’. Journalism is important because it spreads truth to people; the things that people need to know. It makes us aware about all the aspects that is going on in the society.


    3.Actually money laundering can not be solved in a very short time. Besides it is becoming hard to prevent day by day because the lawmakers are involved in breaking the law. It is the truth that everyone is equal in the eye of law and none can deceive the law .But at present many people are committing this deed. So in case of financial sector the surveillance regarding foreign transactions should be made strict and should be monitored by the central bank. But the exchange of information between banks and law enforcement committee can be eased. Also the sharing of information between banks themselves can be made easier. BUT above all, transparency, responsibility and accountability must be ensured in all financial sectors.

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  • British Council.jpg vivacious_ocean | Rajshahi Cadet College | Bangladesh
    21 Oct 2021

    To me, the most surprising thing in the story is including more than 330 politicians from 90 countries the most powerful people in the world use the offshore companies to hide their wealth.
    Politicians are the leaders and leaders are able to bring revolutionary change in the world history. But when the leaders are involved in offshore to hide their money to escape from tax, then there is nothing but darkness in the future.

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  • British Council.jpg vivacious_ocean | Rajshahi Cadet College | Bangladesh
    21 Oct 2021

    Journalism is the profession, which believes the motto, Truth is Beauty. Maximum times journalists work against the flow and they are afraid of nothing, even the most powerful or richest person in the world. We can see the president of the Russia - Vladimir Putin, the king of Jordan - Abdullah II, pop star Shakira, Indian cricket star Shachin Tendulkar and many more couldn’t escape themselves form the eye of journalism.

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  • British Council.jpg sympathetic_analysis | Rajshahi Cadet College | Bangladesh
    21 Oct 2021

    According to the report, Time to Care: Unpaid and Underpaid Care Work and the Global Inequality Crisis (64 pages, PDF), "The number of billionaires globally has doubled over the last decade, while the richest 1 percent have accumulated twice as much wealth as 90 percent of the global population, some 6.9 billion people." And this is the thing that surprises me the most. The rich are meant to help the poor, to reduce their suffering. Not to pent them up, not to suppress and rule them. And here comes the journalist as the savior. They expose the real face of the corrupts in front of the general mass. Then comes the role of the government to punish the offenders. The government should impose strict rules to crack down on money laundering.

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  • British Council.jpg industrious_koala | Rajshahi Cadet College | Bangladesh
    21 Oct 2021

    For me the most surprising thing about this theory is the lack of implementation of laws and jurisdictions on this regard having said by the UK it is directly a dirty tax avoidance. But yet no initiative has been taken from the ICC or any higher power. Yes, there is some cause for optimism I think, even if it’s not in the form we might expect. New laws aren’t coming to the rescue as I have said earlier, because they probably can’t be created quickly enough or made comprehensive enough to effect meaningful change. But there is vast evidences that technology and public opinion are shifting the balance against elites’ use of the offshore financial services industry.

    I believe journalism on this modern world is like main the key player that can turn any game upside down from any point. The pandora paper issue is a great proof. In this regard more than 600 journalists in 117 countries have been trawling through the files from 14 sources for many days. This biggest ever data investigation was obtained by ICIJ. This investigation disclosed about 2.94 Terabyte data that includes revealing 14 firms served bankers, renowned politicians, arms dealers, pop celebrities. The documents also details conspiracies about great stars including Sachin Tendulkar, Shakira, Vladimir Putin, Abdullah II etc.

    Lastly to crack this laundering the government can impact laws and regulations to detect those involvers in the laundering. The law will do their work as it falls negative impact on the private economy of countries. And holding those who work with it accountable because it is money from illegal sources.

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  • British Council.jpg phenomenal_orange | Rajshahi Cadet College | Bangladesh
    21 Oct 2021

    For me, The most surprising thing about the story is the exposure of the secret wealth and dealings of the world leaders.
    World leaders actually run the world through leading on the behalf of a country. But being at that stage if they are corrupted, its the loss of that particular country and even the loss of the whole world. And it would lead us to a backward pull creating a barrier in the advancement of the whole world. But the journalists are breaking that particular barrier through investigating the Pandora papers.
    The exposure of the transactions which are really related to money laundering, lead to active taxation of that money which can be used for any welfare program of the country fastening their advancement. And the exposure of the foreign transactions lead to the return of the money to its respective country which is really a great outcome from the job of a journalist.
    In the Story we can see that Members of Pakistan Prime Minister Imran Khan's inner circle, including cabinet ministers and their families, secretly own companies and trusts holding millions of dollars. Through the active investigation of this fact, the journalists can ensure proper exposure of the culprits if there is any.
    To crack down money laundering, the government can ensure a rule that every transaction with any foreign country must be done with the active involvement with its national bank. So that record of every transaction remains with the country authority and no money laundering take place.

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    1. Olivia-Avatar.jpg Olivia @ Topical Talk
      phenomenal_orange's comment 21 Oct 2021

      A clearly explained opinion. Well done!

      Reply to this comment
  • British Council.jpg flowing_volcano | Rafah Prep (B) Girls School | Occupied Palestinian Territory
    21 Oct 2021

    I think the most surprising thing about this story is that the Pandora Documents is a leak that reveals the secret fortunes of a global continent and some characters face allegations of corruption and money laundering and that some real estate buyers may hide their money laundering activities and I think that governments can do to eliminate money laundering is Establishing a legal framework that enhances the efforts made by the relevant authorities in the country to combat money laundering and related crimes. From my point of view, the most important characteristic that the journalist must possess is speaking because the journalist must be a good speaker so that he can convince people that there are famous personalities who own secret properties.

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  • British Council.jpg champion_seed | Shouka Prep Girls School | Occupied Palestinian Territory
    21 Oct 2021

    Secret fortunes of world leaders were revealed and revealed, and the assets of millions of Arab leaders were revealed. Here we know that the Pandora Papers are secret documents announced by the International Federation of Investigative Journalists on October 2, and its publication began on October 3, 2021, revealing the leakage of secret foreign accounts owned by 35 heads, ministers and leaders of countries. In addition to the account of 100 billionaires, famous personalities and a number of business owners.

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  • British Council.jpg excellent_snow | Shouka Prep Girls School | Occupied Palestinian Territory
    22 Oct 2021

    1. The most surprising thing I felt about him was that heads of state, politicians and businessmen whose wealth is supposed to contribute to the finances of their countries are escaping from this responsibility and trust, and all of them sing in the name of the homeland and reached these positions in the name of their people who taste the bitterness of poverty, hunger, poor education and poor health...

    2. The achievement of Pandora's Papers can be employed in a process of change that puts the profesion in its most influential position, even in countries where it is difficult for the press to make a difference.. An investigation in which a large number of journalists participated will make a difference. As for countries that are difficult to truth, it will place in the hands of public opinion documented facts about the fugitives from their responsibilities towards their societies, even though they are at the fore in elections and in the world of business and finance. It will reveal that they are also at the fore in the absence of integrity and transparency. about their activities.

    3. Countries can impose international laws that limit money laundering and impose minimum taxes on companies with large capital, as well as give full freedom to the press to perform its investigative work...

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  • British Council.jpg entrepreneurial_guitar | Mirzapur Cadet College | Bangladesh
    05 Nov 2021

    The allure of nations is estimated by the perfection of venture, and the engaging quality of the economies of nations is estimated by dispatching the laws of the portfolio from the insatiability of the voracious and the body of evidence against the expectations of the victimizers who try to work with cash in unlawful ways. Tax evasion is primarily identified with the presence of a financial framework with cognizant oversight where monetary foundations add to fighting illegal tax avoidance, which requires the national bank of the state to screen dubious activities. Raising the proficiency of laborers, which is viable with the nature of these works, and furthermore raising the degree of mindfulness about battling tax evasion. Here, I will introduce a groundbreaking thought that tries to battle illegal tax avoidance. To the state to present a presentation to the traditions branch of what he currently possesses of money or devices debatable with the conveyor" and furthermore that the public authority execute this a For a model of cross-line actual vehicle, including area and ocean cargo, we likewise screen it to keep away from these issues thus that legislatures can handle all illegal tax avoidance supply lines "and whoever doesn't present an announcement or presents a bogus assertion by giving data or suspecting the carrier's relationship with debatable instruments or dubious assets." Inflicting the most serious punishments on them and exposing them to lawful responsibility, as the matter is alluded to the equipped public examiner, and the disciplinary chambers endorse a court monetary punishment so they might fill in as an illustration to different suspects. With our states, we as people groups are to arrive at a spotless and solid economy and shield our kin from abuse and destitution.

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  • British Council.jpg appreciative_pear | Shouka Prep Girls School | Occupied Palestinian Territory
    30 Nov 2021

    Money laundering is actions taken in assets that create a crime, or prepared to conceal or disguise the source, location and identity of these assets, in order to immerse them in the legal assets of organizations. I believe that governments have a role in combating money laundering.
    The law essentially prohibits any actions involving assets that create criminal activities designed to conceal the source and identity of the asset owner. Any person involved in a money laundering transaction commits a criminal offense and is subject to punishment

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