Cricketer Sachin Tendulkar among personalities named in 'pandora paper's' leak disclosing offshore dealings

4thOct,2021

Cricketer Sachin Tendulkar among personalities named in 'pandora paper's' leak disclosing offshore dealings



Millions of divulged documents dubbed the Pandora Papers and a worldwide journalistic partnership on Sunday claims to have revealed financial secrets of current and former world leaders, politicians and public officials in 91 countries and territories, including India.

The International Consortium of Investigative Journalists (ICIJ), which included the BBC and ‘The Guardian’ newspaper in the U.K. and ‘The Indian Express’ in India among 150 media outlets in its investigation, asserts it obtained the trove of more than 11.9 million confidential files to find secret financial dealings of many super rich.

People linked by the secret documents to offshore possessions include India’s cricket superstar Sachin Tendulkar, pop music diva Shakira, supermodel Claudia Schiffer and an Italian mobster known as ‘Lell the Fat One’, told the ICIJ in its report.

"Mr. Tendulkar’s attorney said the cricket player’s investment is legitimate and has been announced to tax authorities.

On a global map highlighting the number of politicians linked with offshore dealings, India is shown as having six and Pakistan seven.

The ICIJ says the leaked records come from 14 offshore services firms from around the globe that set up shell companies and other offshore corners for clients often seeking to keep their financial activities in the veil.

It says the global probe provides an "unequalled perspective" on how the rule of law has been “bent and broken” around the world by a system of financial secrecy authorised by wealthy nations.

The findings by ICIJ and its media partners highlight how deeply secretive finance has infiltrated global politics – and offer perceptions into why governments and world organisations have made little headway in ending offshore financial abuses, it notes.

The ICIJ analysis of the secret documents named 956 companies in offshore havens tied to 336 high-level politicians and public officials, involving country leaders, cabinet ministers, ambassadors and others.