Today’s big news is the disclosure of the findings of an extensive worldwide investigation carried out by a large consortium of international journalists
about offshore financial transactions.
It is true that many of the identified
operations are legal, in terms of the international law regulating financial and
business activities. However, it is also a fact that a large number of those
transactions are just a cover for criminal activities, including outright stealing
of public monies by some very well-known government leaders.
It is too early to
evaluate the impact of this wide-ranging investigative work. But one can expect
a number of heavy political storms in the days ahead. But, I suspect that in the end the ones that will be prosecuted will be the smaller fish, the mere mortals, not the big leaders linked to political power.
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