You have some organized crime and you also have kleptocrats hiding their money, ” explains Pieth.
“ What we’re seeing in the Pandora Papers is not new…we saw exactly the same thing in the Panama Papers. Pieth is the President of the Basel Institute on Governance, a research and policy institute he founded to help combat public and private sector abuses of power. But, what is legal and what is illegal? This week, Mark Pieth, Professor Emeritus of Criminal Law at the University of Basel, joins Altamar to delve into the world’s elite’s financial operations. These massive leaks exposed corruption at the world’s highest levels. While not all are illegal financial maneuvers, questionable ethics abound.įirst the Panama Papers in 2016, then the Paradise Papers in 2017, and now the Pandora Papers. Many politicians, royalty and heads of state have had their secret stashes discovered.
The Pandora Papers leaked nearly 12 million financial records. Guest: Mark Pieth, Founding President of the Basel Institute on Governance, a research and policy institute that combats public and private sector abuses of power