Paradise Papers in the context of Appleby (law firm)


Paradise Papers in the context of Appleby (law firm)

⭐ Core Definition: Paradise Papers

The Paradise Papers are a set of over 13.4 million confidential electronic documents relating to offshore investments that were leaked to the German reporters Frederik Obermaier and Bastian Obermayer, from the newspaper Süddeutsche Zeitung. The newspaper shared them with the International Consortium of Investigative Journalists, and a network of more than 380 journalists. Some of the details were made public on 5 November 2017 and stories are still being released.

The documents originate from the legal firm Appleby, the corporate services providers Estera and Asiaciti Trust, and business registries in 19 tax jurisdictions. They contain the names of more than 120,000 people and companies. Among those whose financial affairs are mentioned are, separately, AIG, then-Prince Charles and Queen Elizabeth II, President of Colombia Juan Manuel Santos, and U.S. Secretary of Commerce Wilbur Ross.

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Paradise Papers in the context of Investigative journalism

Investigative journalism is a form of journalism in which reporters deeply investigate a single or few topics of interest, such as hidden problems & truths, serious crimes, education, racial injustice, corruption & abuse of power, child protection, social welfare, homelessness or corporate wrongdoing. An investigative journalist may spend months or years researching and preparing a report. Practitioners sometimes use the terms "watchdog reporting" or "accountability reporting".

Most investigative journalism has traditionally been conducted by newspapers, wire services, and freelance journalists. With the decline in income through advertising, many traditional news services have struggled to fund investigative journalism, due to it being very time-consuming and expensive. Journalistic investigations are increasingly carried out by news organizations working together, even internationally (as in the case of the Panama Papers, Paradise Papers and Pandora Papers), or by nonprofit outlets such as ProPublica, which rely on the support of the public and benefactors to fund their work. A lot of investigative journalism is increasingly carried out online by Youtubers.

View the full Wikipedia page for Investigative journalism
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