The Panama Papers highlight how anonymity fuels corruption

TED Blog

TED Prize winner Charmian Gooch wished to end anonymous companies at TED2014 and gave the audience an in-depth look at how anonymity feeds corruptuon. Yesterday's release of The Panama Papers made people all over the world feel this. Photo: James Duncan Davidson/TED TED Prize winner Charmian Gooch has worked for years to end anonymous shell companies. At TED2014, she gave the audience a look at how anonymity feeds corruption. Yesterday’s release of the Panama Papers illustrates her message, with 11.5 million documents that paint a picture of a global network of anonymous dealings. Photo: James Duncan Davidson/TED

A trail of $2 billion in offshore deals that traces to Vladimir Putin’s inner circle. The Prime Minister of Iceland, accused of hiding millions of dollars in investments. The Prime Minister of Pakistan’s family, linked to six luxury real estate deals in London.

The Panama Papers, revealed yesterday, represent the largest data leak in history – a total of 11.5 million files from the Panama-based law firm Mossack Fonseca, which among other services incorporates companies in offshore jurisdictions like the British Virgin Islands, the Bahamas and the Seychelles. The contents of the leak point to…

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