Pandora Documents Report from Europol

In October, there was an event that was on the agenda of the whole world, but was suddenly forgotten. International Consortium of Investigative Journalists (ICIJ), total size which is 2.9TB He published 11.9 million leaked documents, which he called the “Pandora Papers”. The leak, also known as the Pandora Papers in Turkey, tax evasion showed the size it had reached.

European Police Service (Europol), Pandora Papers announced that he had completed a study on As part of this research, law enforcement officials, who produced a report called “Shadow Money: International Illegal Financial Networks”, produced striking results. If you wish, come together, Europol Let’s take a look at the highlights of the report prepared by.

Untaxable money, estimated at 7.5 trillion euros

Some companies and business people, in order to avoid taxes “offshoreThey prefer the system named “”. This system means that the assets of a company or individual are kept in regions and companies called offshore. The absence of taxation in offshore regions, the fact that the companies in these regions are not audited, enable companies that earn billions of dollars to avoid taxes. the employee pays much more tax than these companies. Also, money laundering is also done thanks to this system. According to the investigations by Europol, the wealth included in the offshore system is an estimated 7.5 trillion euros. The European Union alone, because of this system Loss of wealth of 1.5 trillion euros lives. If such a thing had not happened, 46 billion euros of extra tax would have been collected in the EU in 2016.

Politicians and “upper mind” are also in this business.

There is a remarkable detail in the report prepared by Europol. Offshore companies are also linked to corruption around the world, according to the report. Even in this business, politicians and decision makers, also known as superintelligence. “It is particularly worrying that Pandora Papers has revealed that many of those hiding assets in offshore firms are politicians or decision makers.The report, in which the words ” that you are facilitated underlines.

European Police Service’s hands are tied

According to the report, although Europol has exposed many corruptions within the scope of the documents, can’t move. The reason for this is that there is no demand on the subject. “In order for us as Europol to intervene, one of the members must request our assistance in an event involving at least two countries.Explaining the situation by saying, “The European Police Organization, that your hands are tied it states.

There are also offshore companies in Turkey

Turkey is also featured in Pandora Paper. According to the leaked information, taking public tenders tax avoidant some companies have become part of the offshore system. In other words, the money earned by these companies cannot be taxed despite the incentives. In summary, we also have money in the 7.5 trillion euro system.