Pandora Papers

Contracorriente in Honduras, and the Latin American Center of Journalism Research (CLIP) analysed thousands of documents from various firms that focus on running offshore companies in Panama the British Virgin Islands, and other regions. The findings from this alliance are part of a cross-boder investigation called Pandora Papers, led by the International Consortium of Investigative Journalists (ICIJ).

An anonymous source shared 2.94 terabytes of confidential financial records with the ICIJ in instalments over a course of various months. They amount to 11.9 million documents from 14 companies that provide offshore services and create and administer shell companies and trusts in fiscal paradises around the world.

Called the Pandora Papers, these documents date back to 1996 through to last year, and are in English, Spanish, Chinese, Greek, Russian, and other languages. They reveal connections between businesses in more than 200 countries and territories. Collaboration between over 600 journalists in 117 countries facilitated an in-depth investigation into hundreds of the documents.