A massive leak of offshore data exposing the hidden wealth of the world’s elites has implicated figures from the South Caucasus.
The Pandora Papers are a cache of 11.9 million files that unveil how wealthy individuals hide their income and assets from taxation in offshore jurisdictions, or tax havens. The files, described by the Guardian as the “biggest trove of leaked offshore data in history,” reveal a complex web of offshore companies and corporate service providers that conceals t
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Thank you for your investigating journalism. Proof positive that the corruption in Armenia is beyond any level of understanding. To invest in an Azeri owned scheme to hide funds has to be the ultimate of evil.
Huh, how did you firm that conclusion? Perhaps you should reread the article. Armenian corruption was not involved with Aliyevs. These were two separate matters both deplorable.
When the former Armenia Presidents are in personal financial partnership with the president of Azerbaijan is three any doubt why presidents Kocharian & Sarkisian did not resolve the Karabagh problem? This is treason at the highest level. It would be a disgrace to the Armenian people worldwide if Presidents Kocharian & Sarkisian are not investigated
& brought to justice.
At one time, the Aliyev dictatorship buying assets everywhere may have been valid and worthy of discussion, but not any more. It is laughable in fact when the CROOKS of Armenia caused the destruction of Artsakh.
Herein lies the difference between “Armenians” and Azeris: one set of crooks steal but never gives up claim to land. The other set of crooks steal, but handing away land is part of that process to the other set of crooks.
Now which is FAR WORSE?
Just one SMALL example: Serjhik’s family members, former villagers from Artsakh, own millions of dollars worth of properties all over the world, God knows where.
I guess herding sheep is as lucrative as pumping oil… right Bolshevik Remnants?
Thanks for the interesting article.
@Alice and Sebouh: I read the article you read. Where do you see that it says Armenian officials are investing into an Azeri scheme or that former presidents are in partnerships with Azeris? It says some Armenian guy had mines on offshore entities and was charged with tax evasion and the charges were later dropped. If you know anything about business, then you’d know that offshore registration of business is a common and acceptiabke business practice. Hiding personal assets on offshore assets for the purpose of tax evasion is not legal.
Then the article goes on about Aliev family assets.
Your gaslighting tactic of conflating two unrelated topics is misleading and unacceptable. Why are are using this forum to create and perpetuate lies?
That’s exactly right.
Will Aliev be reelected after such revelations?
Thank you, Ms. Avedian, for an informative article. Glad to hear that the license to operate the Azatec mine was terminated. But it is mind boggling as to why the tax evasion charges against Ayvazian and Hovhannissyan were dropped. I hope these findings will lead to some serious prosecutions in the near future. When the Panama papers surfaced, though, the only person who paid dearly with her life was the investigative journalist Daphne Galizia.
I suspect that Serge and Kocharian being heavily involved in corruption schemes contributed to losing the war and Artsakh, but one thing is clear that Pashinyan and his gang were not mentioned in the Pandora Papers in any way. That is something to be proud of. At least they are not corrupt yet.
Huh, how did you form that conclusion? Perhaps you should reread the article. Armenian corruption was not involved with Aliyevs. These were two separate matters both deplorable.