The Panama Papers
- How the World's Rich and Powerful Hide Their Money
- Narrated by: Simon Shepherd
- Length: 12 hrs and 3 mins
- Unabridged Audiobook
- Release date: 06-10-16
- Language: English
- Publisher: Audible Studios
Obermayer and fellow Süddeutsche Zeitung journalist Frederik Obermaier find themselves immersed in a secret world where complex networks of shell companies help to hide people who don't want to be found. Faced with the largest data leak in history, they activate an international network of journalists to follow every possible line of enquiry.
Operating for over a year in the strictest secrecy, they uncover a global elite living by a different set of rules: prime ministers, dictators, oligarchs, princelings, sports officials, big banks, arms smugglers, mafiosi, diamond miners, art dealers and celebrities. The real-life thriller behind the story of the century, The Panama Papers is an intense, pause-resisting account that blows their secret world wide open.
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Customer ReviewsMost Helpful
By Kirstine on 15-07-17
Riveting story of financial misdeeds
I was engrossed by this pacy and fascinating account of how two German journalists organised a world-wide analysis of masses of detailed financial information leaked to them by an anonymous informant, Documents that revealed the extraordinary lengths to which the rich and powerful go to to avoid tax or cover-up fraud. The amount of data is mind-boggling: the equivalent of literary millions of pages.
The information was from the internal documents of the Panama City law firm, Mossack Fonseca, with links to off-shore financial havens world-wide. The firm created thousands of shell companies that were (and are) created to hide the real owners of the stored money and other assets. A facility exploited by organized crime. I was not surprised to learn that the despots of the world engage in this kind of activity to cover up filching the assets of their countries, but was dismayed by how common the practice is among politicians and leaders of so many organisations.
Apart from generating a sense of outrage at the sheer greed of those with power and money and the shady lawyers who carry out the dirty work, I was impressed by the world-wide network of investigative journalists organised to analyse the data relevant to their respective countries. All the more extraordinary was that not one of them leaked the fact that they were uncovering explicit evidence of tax evasion and fraud by well-known people and in some cases putting themselves at considerable risk.
Even though the Panama Papers have lifted the lid on many involved in tax evasion and fraud, and some action is being taken, the problem will not go away as long as there is no international clamping down on shell companies. But I fear this will never happen as so many politicians and their cronies have had, and probably still use, these companies to avoid or reduce their tax liabilities.
The narrator is first rate and brings a passion to the text.
5 of 5 people found this review helpful
Customer ReviewsMost Helpful
By Amy on 16-11-17
Don't know about you but I returned it...
I'm not saying the story itself is not important just maybe the writers behind the story do not necessarily make a good storyteller ... Rather read the news reports on this
1 of 1 people found this review helpful
By Gilberto A. Pringle on 20-07-17
love the story and the connecting pieces of puzzle chapter after chapter. this book is must read