If it feels as if the secrets revealed by the Pandora papers – the biggest ever leak of offshore data – are familiar, that’s because they are.
A Ukrainian president, a former British prime minister, a friend of Vladimir Putin, they all featured in the Panama papers – which uncovered the financial information of more than 200,000 offshore businesses – back in 2016. Here we are five years later, reading about them all over again.
The individuals may be different: it’s Tony Blair this time, not David Cameron; Ukraine has a new president; and the Putin friend is an oil trader, not a cellist. But the essential details are the same. Anyone able to afford the entry fee still has access to a financial network denied to the rest of us; and it follows that no one in power has done anything substantive about it in the past half-decade.
t shouldn’t need saying, but this is bad. Democracies only survive because the law applies equally to everyone. If a shadow system persists that allows the rich and powerful to avoid obeying the same rules as the rest of us, the trust that underpins our system will disappear. Without trust, democracy cannot survive. » | Oliver Bullough | Monday, October 4, 2021
It is self-evident that we are not living in democracies but kleptocracies! Whilst this is going on, any talk of democracy is laughable. Our systems are corrupt and rotten to the core. Who can be trusted anymore? Each man is out for himself. Further, the bigger the theft, the more likely you are to get away with it! Steal a Mars bar and you're in deep trouble; steal a few billion and all is well – you're protected. Talk of perversion, this is it! Rotten is as rotten does. – © Mark
