john doe panama papers statement

In Shell companies are often associated with the crime of tax evasion, but the Panama Papers show beyond a shadow of a doubt that although shell companies are not illegal by definition, they are used to carry out a wide array of serious crimes that go In the meantime, a new global debate has started, which is encouraging. Prime Minister John Key of New Zealand has been curiously quiet about his country's role in enabling the financial fraud Mecca that is the Cook Islands. You can read an earlier response from Mossack Fonseca to the reporting on the Panama Papers at miamiherald.com . John Doe’s statement is reproduced in full below. These unsavoury political practices have come full circle and they are irreconcilable. Reform of America’s broken campaign finance system cannot wait.Of course, those are hardly the only issues that need fixing. It signals that democracy’s checks and balances have all failed, that the breakdown is systemic, and that severe instability could be just around the corner. The sad truth is that among the most prominent and capable media organizations in the world there was not a single one interested in reporting on the story. Antoine Deltour is presently on trial for providing journalists with information about how Luxembourg granted secret "sweetheart" tax deals to multi-national corporations, effectively stealing billions in tax revenues from its neighbour countries. The horrific magnitude of detriment to the world should shock us all awake. The Panama Papers provide a compelling answer to these questions: massive, pervasive corruption. On average, lawyers have become so deeply corrupt that it is imperative for major changes in the profession to take place, far beyond the meek proposals already on the table. The United Kingdom can be proud of its domestic initiatives thus far, but it still has a vital role to play by ending financial secrecy on its various island territories, which are unquestionably the cornerstone of institutional corruption worldwide. The writer said he or she was motivated by “massive, pervasive corruption” and the failure of governments worldwide to tackle the problem: “For fifty years, executive, legislative, and judicial… Decisions have been made that have spared the wealthy while focusing instead on reining in middle- and low-income citizens.Hopelessly backward and inefficient courts have failed. Judges have too often acquiesced to the arguments of the rich, whose lawyers—and not just Mossack Fonseca—are well trained in honouring the letter of the law, while simultaneously doing everything in their power to desecrate its spirit.The media has failed. It doesn't take much to connect the dots: from start to finish, inception to global media distribution, the next revolution will be digitized.Help us change the world. Then, military might was necessary to subjugate peoples, whereas now, curtailing information access is just as effective or more so, since the act is often invisible. In Shell companies are often associated with the crime of tax evasion, but the Panama Papers show beyond a shadow of a doubt that although shell companies are not illegal by definition, they are used to carry out a wide array of serious crimes that go In the meantime, a new global debate has started, which is encouraging. What about the rest of society?The collective impact of these failures has been a complete erosion of ethical standards, ultimately leading to a novel system we still call Capitalism, but which is tantamount to economic slavery. And the United States can clearly no longer trust its fifty states to make sound decisions about their own corporate data. Bradley Birkenfeld was awarded millions for his information concerning Swiss bank UBS—and was still given a prison sentence by the Justice Department. Decisions have been made that have spared the wealthy while focusing instead on reining in middle- and low-income citizens.Hopelessly backward and inefficient courts have failed. So now is the time for real action, and that starts with asking questions.Historians can easily recount how issues involving taxation and imbalances of power have led to revolutions in ages past. And it’s not a coincidence that the answer comes from a law firm. Judges have too often acquiesced to the arguments of the rich, whose lawyers—and not just Mossack Fonseca—are well trained in honouring the letter of the law, while simultaneously doing everything in their power to desecrate its spirit.But most of all, the legal profession has failed. 1710 Rhode Island Ave NW | 11th floor

For his revelations about the NSA, he deserves a hero’s welcome and a substantial prize, not banishment. The United Kingdom can be proud of its domestic initiatives thus far, but it still has a vital role to play by ending financial secrecy on its various island territories, which are unquestionably the cornerstone of institutional corruption worldwide. Even today, Panama says it wants to be known for more than papers, but its government has conveniently examined only one of the horses on its offshore merry-go-round.Banks, financial regulators and tax authorities have failed. The whistleblower has offered to help prosecutors build their cases, on condition of legal protection. In Britain, the Tories have been shameless about concealing their own practices involving offshore companies, while Jennifer Shasky Calvery, the director of the Financial Crimes Enforcement Network at the United States Treasury, just But the issue is finally on the table, and that change takes time is no surprise. And there are plenty more examples.Legitimate whistleblowers who expose unquestionable wrongdoing, whether insiders or outsiders, deserve immunity from government retribution, full stop. The statement in full:Income inequality is one of the defining issues of our time. The documents, some dating back to the 1970s, were created by, and taken from, Panamanian law firm and corporate service provider Mossack Fonseca, and were leaked in April 2016. Publicly they plead ignorance, but the documents show detailed knowledge and deliberate wrongdoing. But when it takes a whistleblower to sound the alarm, it is cause for even greater concern.