HistoryData
general2017

Paradise Papers — documents leak related to offshore investment

November 5, 2017

A leak of 13.4 million documents exposed offshore tax arrangements of major corporations, royals, and government officials worldwide.

Quick Facts

Year
2017
Category
general

Key Facts

Documents leaked
Over 13.4 million confidential electronic documents
People and companies named
More than 120,000
Journalists involved
More than 380 journalists in a global network
Source jurisdictions
Business registries in 19 tax jurisdictions
Public release date
5 November 2017
Primary source firms
Appleby, Estera, and Asiaciti Trust

By the Numbers

13.4
Documents leaked
120,000
People and companies named
380
Journalists involved
19
Source jurisdictions

Cause → Event → Consequence

Cause

Confidential documents from the legal firm Appleby, corporate services providers Estera and Asiaciti Trust, and 19 tax jurisdiction registries were obtained by German reporters Frederik Obermaier and Bastian Obermayer of Süddeutsche Zeitung, who then shared them with the International Consortium of Investigative Journalists.

Event

On 5 November 2017, details from over 13.4 million leaked documents were made public, revealing offshore investment arrangements involving more than 120,000 individuals and companies, including figures such as Prince Charles, Queen Elizabeth II, U.S. Secretary of Commerce Wilbur Ross, and Colombian President Juan Manuel Santos.

Consequence

The disclosures triggered scandal, legal action, and loss of position for some named individuals, while journalists and media outlets faced litigation for publishing the material. Further stories continued to be released beyond the initial publication date.

Timeline Context

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