"Pandora Papers": New Explosive Report Reveals Secret Financial Offshore Systems

A recent new report released to the Wall Street Journal reveals some financial secrets of how some of the world's wealthiest and powerful political leaders have managed to hide billions of dollars. According to the report, some of the leaders involve come from countries like Czech Republic, Kenya, Dominican Republic, Ivory Coast, and other countries. Many of them have used what is called a "Global Offshore System" to hide their assets from authorities, creditors, and criminal investigators. Essentially, these assets are hidden to avoid lawsuits, avoid taxation, and other fraudulent activities. Malign Finance Fellow at The Alliance For Security Democracy Josh Rudolph, joined Cheddar to discuss more.
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