N8bxKFG0

10
200:00:05,000 --> 00:00:15,000
3INDOXXI
4Support dengan like & share :)
5
61
700:00:20,160 --> 00:00:22,020
8BASTIAN: So, it was
9in the winter of 2015,
10
112
1200:00:22,040 --> 00:00:26,090
13I was at the house
14with my parents,
15
163
1700:00:26,110 --> 00:00:29,140
18with my wife and my kids.
19
204
2100:00:29,160 --> 00:00:32,010
22And everybody was
23sick, so really sick.
24
255
2600:00:32,030 --> 00:00:35,180
27I was the last one standing.
28
296
3000:00:35,200 --> 00:00:39,180
31Then I got this first ping, this
32first message from a person who
33
347
3500:00:39,200 --> 00:00:44,090
36called himself John Doe, and
37asked if I would be interested
38
398
4000:00:44,110 --> 00:00:45,070
41in data.
42
439
4400:01:33,230 --> 00:01:35,170
45NEWS REPORTER 1: We turn now to
46the bombshell causing shockwaves
47
4810
4900:01:35,190 --> 00:01:38,080
50around the world, the
51so-called Panama Papers.
52
5311
5400:01:41,180 --> 00:01:43,090
55NEWS REPORTER 2: What may be the
56largest leak of secret documents
57
5812
5900:01:43,110 --> 00:01:44,080
60in history.
61
6213
6300:01:47,060 --> 00:01:49,030
64NEWS REPORTER 3: Massive
65document leak allegedly showing
66
6714
6800:01:49,050 --> 00:01:51,190
69how world leaders and the
70mega-rich hide billions
71
7215
7300:01:51,210 --> 00:01:52,190
74of dollars.
75
7616
7700:01:55,220 --> 00:01:58,120
78NEWS REPORTER 4: A new report
79which finds eight billionaires
80
8117
8200:01:58,140 --> 00:02:01,230
83own as much wealth as the
84poorest half of the
85
8618
8700:02:02,010 --> 00:02:02,200
88world's population.
89
9019
9100:02:05,140 --> 00:02:07,120
92NEWS REPORTER 5: The papers
93paint a picture of wide-spread
94
9520
9600:02:07,140 --> 00:02:09,000
97corruption and tax evasion.
98
9921
10000:02:12,180 --> 00:02:13,200
101NEWS REPORTER 6: Now we
102have journalists stepping in,
103
10422
10500:02:13,220 --> 00:02:16,120
106trying to tear down those
107barriers of secrecy and exposing
108
10923
11000:02:16,140 --> 00:02:18,090
111what is happening
112behind closed doors.
113
11424
11500:02:21,000 --> 00:02:23,000
116NEWS REPORTER 7: The
117revelation now kicking off a
118
11925
12000:02:23,020 --> 00:02:23,210
121world-wide investigation.
122
12326
12400:02:27,040 --> 00:02:28,060
125NEWS REPORTER 8: The whole
126issue here is about secrecy.
127
12827
12900:02:28,080 --> 00:02:31,130
130People can create shell
131corporations and secretly move
132
13328
13400:02:31,150 --> 00:02:32,120
135money around.
136
13729
13800:02:35,020 --> 00:02:36,160
139NEWS REPORTER 9: World-wide
140estimates suggest tens of
141
14230
14300:02:36,180 --> 00:02:39,010
144trillions of dollars are
145hidden in off-shore accounts.
146
14731
14800:02:42,220 --> 00:02:44,170
149NEWS REPORTER 10: What's really
150shocking is the fact that twelve
151
15232
15300:02:44,190 --> 00:02:48,020
154current or former heads of
155state are being accused in
156
15733
15800:02:48,040 --> 00:02:49,020
159these papers.
160
16134
16200:02:52,050 --> 00:02:53,220
163NEWS REPORTER 11: A journalist
164investigating the Panama Papers
165
16635
16700:02:54,000 --> 00:02:56,140
168has been killed, sending other
169journalists into hiding for fear
170
17136
17200:02:56,160 --> 00:02:57,140
173of their safety.
174
17537
17600:03:01,040 --> 00:03:03,010
177NEWS REPORTER 12: The law
178firm is denying any wrongdoing,
179
18038
18100:03:03,030 --> 00:03:05,180
182but this scandal,
183the Panama Papers,
184
18539
18600:03:05,200 --> 00:03:06,180
187is just beginning.
188
18940
19000:03:41,210 --> 00:03:45,160
191JOHN: My viewpoint
192is entirely my own.
193
19441
19500:03:45,180 --> 00:03:49,180
196Income inequality is one of
197the defining issues of our time.
198
19942
20000:03:49,200 --> 00:03:53,150
201It affects all of
202us, the world over.
203
20443
20500:03:53,170 --> 00:03:55,230
206Still, questions remain.
207
20844
20900:03:56,010 --> 00:03:57,010
210Why?
211
21245
21300:03:57,030 --> 00:03:59,080
214And why now?
215
21646
21700:03:59,100 --> 00:04:01,030
218The Panama Papers provide a
219compelling answer to
220
22147
22200:04:01,050 --> 00:04:02,190
223these questions.
224
22548
22600:04:02,210 --> 00:04:05,230
227Massive, pervasive corruption.
228
22949
23000:04:06,010 --> 00:04:08,230
231It's not a coincidence that the
232answers come from a law firm.
233
23450
23500:04:09,010 --> 00:04:13,040
236Mossack Fonseca used its
237influence to write and bend laws
238
23951
24000:04:13,060 --> 00:04:17,090
241worldwide to favor the interest
242of criminals over a period
243
24452
24500:04:17,110 --> 00:04:19,120
246of decades.
247
24853
24900:04:34,200 --> 00:04:36,210
250BASTIAN: In the first
251day and the first days,
252
25354
25400:04:36,230 --> 00:04:41,200
255it was so fascinating because
256this window in our world opened
257
25855
25900:04:41,220 --> 00:04:46,200
260where nobody had ever looked in.
261
26256
26300:04:46,220 --> 00:04:48,080
264I always wanted to write.
265
26657
26700:04:48,100 --> 00:04:50,200
268Um, I wanted to
269become a novelist,
270
27158
27200:04:50,220 --> 00:04:55,160
273but that didn't really work out,
274so I intended to become a
275
27659
27700:04:55,180 --> 00:04:57,020
278sports writer.
279
28060
28100:04:57,040 --> 00:04:59,140
282And that also didn't
283work out, and here I am, so...
284
28561
28600:05:06,030 --> 00:05:09,130
287BASTIAN: Well, I think it's,
288um, more or less the defense for
289
29062
29100:05:09,150 --> 00:05:12,070
292injustice in some way.
293
29463
29500:05:12,090 --> 00:05:15,170
296We founded our own
297paper in Rosenheim,
298
29964
30000:05:15,190 --> 00:05:18,170
301where I come from, because we
302had the feeling that all the
303
30465
30500:05:18,190 --> 00:05:23,230
306media there are very much
307right-wing orientated and that
308
30966
31000:05:24,010 --> 00:05:26,170
311your important stories
312are not really told.
313
31467
31500:05:30,060 --> 00:05:33,010
316The fact that the
317data of Mossack Fonseca,
318
31968
32000:05:33,030 --> 00:05:36,090
321which I knew as a black hole.
322
32369
32400:05:36,110 --> 00:05:38,180
325They work with all
326kinds of criminals.
327
32870
32900:05:38,200 --> 00:05:41,060
330You know, they all hold the
331information that people who want
332
33371
33400:05:41,080 --> 00:05:43,180
335to keep their secrets put in
336there to disappear from
337
33872
33900:05:43,200 --> 00:05:45,030
340the public.
341
34273
34300:05:45,050 --> 00:05:47,180
344So I knew the
345company, and I thought,
346
34774
34800:05:47,200 --> 00:05:50,220
349you know, this guy has access
350to the inner stuff of
351
35275
35300:05:51,000 --> 00:05:52,070
354Mossack Fonseca.
355
35676
35700:05:52,090 --> 00:05:54,170
358I'm the guy who
359wants to have it.
360
36177
36200:06:18,050 --> 00:06:20,190
363KATRIN: Mossack Fonseca
364is a law firm from Panama,
365
36678
36700:06:20,210 --> 00:06:25,000
368and their business is secrecy.
369
37079
37100:06:25,020 --> 00:06:27,070
372If you have about
373a thousand euros,
374
37580
37600:06:27,090 --> 00:06:28,230
377you can buy an offshore
378company, it's quite easy,
379
38081
38100:06:29,010 --> 00:06:31,080
382and then you can
383even buy, like,
384
38582
38600:06:31,100 --> 00:06:35,070
387shame directors which means
388that all the business you do,
389
39083
39100:06:35,090 --> 00:06:38,220
392someone else is signing, someone
393else is "doing the business".
394
39584
39600:06:39,000 --> 00:06:42,030
397So no one actually
398knows that you own stuff,
399
40085
40100:06:42,050 --> 00:06:44,040
402and you can hide
403all your businesses.
404
40586
40600:06:46,010 --> 00:06:49,110
407There's a world that is only
408accessible for the powerful and
409
41087
41100:06:49,130 --> 00:06:51,230
412the richest, where
413they hide their money,
414
41588
41600:06:52,010 --> 00:06:54,200
417where they enable
418money laundering,
419
42089
42100:06:54,220 --> 00:06:58,070
422corruption, and actually, the
423plundering of all continents.
424
42590
42600:06:58,090 --> 00:07:04,060
427NEWS REPORTER 13: Since 2015,
428the richest one percent have
429
43091
43100:07:04,080 --> 00:07:07,130
432been more wealthy than the
433rest of the world's
434
43592
43600:07:07,150 --> 00:07:09,080
437population combined.
438
43993
44000:07:09,100 --> 00:07:12,170
441Now Oxfam says the poorest 10%
442have seen their income increase
443
44494
44500:07:12,190 --> 00:07:19,000
446by less than $3 a year
447between 1988 and 2011.
448
44995
45000:07:19,020 --> 00:07:22,040
451BASTIAN: If we have streets that
452are in not a good condition,
453
45496
45500:07:22,060 --> 00:07:26,040
456if we do not have enough
457preschool places or good schools
458
45997
46000:07:26,060 --> 00:07:29,120
461or if we do have to pay too
462much money for universities,
463
46498
46500:07:29,140 --> 00:07:32,040
466that is due to the fact that
467there's so many people out there
468
46999
47000:07:32,060 --> 00:07:35,080
471that are avoiding
472and evading taxes.
473
474100
47500:07:35,100 --> 00:07:38,050
476That's a problem that is
477concerning every country all
478
479101
48000:07:38,070 --> 00:07:40,040
481around the world,
482and every one of us.
483
484102
48500:07:49,230 --> 00:07:52,050
486BASTIAN: In the first days, it
487didn't seem like this is the
488
489103
49000:07:52,070 --> 00:07:56,210
491biggest leak in
492history of journalism.
493
494104
49500:07:56,230 --> 00:07:59,160
496It only was, this seems
497to be a really good story.
498
499105
50000:08:01,150 --> 00:08:04,170
501FREDERIK: The amount of data
502that Bastian and me received
503
504106
50500:08:04,190 --> 00:08:05,200
506grew and grew.
507
508107
50900:08:05,220 --> 00:08:07,210
510It was really like an addiction.
511
512108
51300:08:07,230 --> 00:08:10,170
514I spent night and day
515clicking through the data.
516
517109
51800:08:12,110 --> 00:08:16,090
519FREDERIK: When we then found the
520first names of heads of state
521
522110
52300:08:16,110 --> 00:08:20,010
524heads of government.
525
526111
52700:08:20,030 --> 00:08:22,020
528We found, you know, the
529best friend of Vladimir Putin.
530
531112
53200:08:22,040 --> 00:08:27,190
533We found the
534Icelandic Prime Minister.
535
536113
53700:08:27,210 --> 00:08:30,140
538Even celebrities.
539
540114
54100:08:30,160 --> 00:08:32,050
542We always found something that
543I thought this is really
544
545115
54600:08:32,070 --> 00:08:33,190
547worth reporting.
548
549116
55000:08:37,110 --> 00:08:41,050
551If you find money
552tied to Bashar Al-Assad,
553
554117
55500:08:41,070 --> 00:08:44,140
556and to Vladimir Putin,
557and to other dictators,
558
559118
56000:08:44,160 --> 00:08:49,190
561then you somehow have the
562feeling maybe it's not a good
563
564119
56500:08:49,210 --> 00:08:51,100
566idea that only I know.
567
568120
56900:08:51,120 --> 00:08:53,100
570Some colleagues
571asked us, actually,
572
573121
57400:08:53,120 --> 00:08:56,020
575are you crazy sharing a scoop?
576
577122
57800:08:56,040 --> 00:08:59,070
579Giving away something our
580newspaper could have alone?
581
582123
58300:08:59,090 --> 00:09:04,110
584But by sharing, we enabled this
585investigation to be something
586
587124
58800:09:04,130 --> 00:09:07,020
589big and to make our
590investigations better.
591
592125
59300:09:12,220 --> 00:09:15,220
594FREDERIK: So we reached out
595to the ICIJ in Washington and
596
597126
59800:09:16,000 --> 00:09:17,050
599tracked the data.
600
601127
60200:09:23,010 --> 00:09:25,030
603MARINA: ICIJ was
604created 20 years ago,
605
606128
60700:09:25,050 --> 00:09:29,150
608and we can say that its mission
609is to defeat the traditional
610
611129
61200:09:29,170 --> 00:09:35,070
613model of the lone wolf
614investigative reporter.
615
616130
61700:09:35,090 --> 00:09:39,050
618The lone wolf investigative
619reporter is all for herself or
620
621131
62200:09:39,070 --> 00:09:43,150
623himself, and so ICIJ was created
624as a network of investigative
625
626132
62700:09:43,170 --> 00:09:47,050
628reporters in more than 60
629countries who collaborate on
630
631133
63200:09:47,070 --> 00:09:51,020
633stories that are too complex,
634and that need to be told from a
635
636134
63700:09:51,040 --> 00:09:53,210
638collective perspective, from
639a collaborative perspective,
640
641135
64200:09:53,230 --> 00:09:55,230
643that need to be
644told across borders,
645
646136
64700:09:56,010 --> 00:09:57,020
648in collaboration.
649
650137
65100:09:57,040 --> 00:10:01,080
652The general
653meeting is at 3:45.
654
655138
65600:10:01,100 --> 00:10:04,000
657I am originally from Argentina.
658
659139
66000:10:04,020 --> 00:10:07,040
661I went into
662journalism fairly young at 18,
663
664140
66500:10:07,060 --> 00:10:09,080
666decided to be a journalist.
667
668141
66900:10:09,100 --> 00:10:13,080
670I saw a lot of, uh, inequality
671in my country growing up,
672
673142
67400:10:13,100 --> 00:10:17,080
675a lot of corruption, and I
676wanted to do something about it,
677
678143
67900:10:17,100 --> 00:10:19,080
680but not from an
681activist point of view,
682
683144
68400:10:19,100 --> 00:10:21,070
685but from a
686journalistic point of view.
687
688145
68900:10:23,030 --> 00:10:26,050
690MARINA: When we started
691receiving the data from
692
693146
69400:10:26,070 --> 00:10:30,060
695Süddeutsche Zeitung and
696analyzing it and realizing that
697
698147
69900:10:30,080 --> 00:10:32,130
700it was connected
701to 200 countries,
702
703148
70400:10:32,150 --> 00:10:35,140
705that there were thousands
706of public figures and prime
707
708149
70900:10:35,160 --> 00:10:39,060
710ministers and presidents
711and princesses and queens,
712
713150
71400:10:39,080 --> 00:10:43,160
715and we have to do the biggest
716investigation we have ever done
717
718151
71900:10:43,180 --> 00:10:45,130
720to do justice to this data.
721
722152
72300:10:45,150 --> 00:10:48,130
724GERARD: I have to admit, my
725first thought was skepticism
726
727153
72800:10:48,150 --> 00:10:50,040
729because I thought, well, we've
730done these stories on
731
732154
73300:10:50,060 --> 00:10:51,000
734off-shore before.
735
736155
73700:10:51,020 --> 00:10:52,210
738We've done, I
739think at that stage,
740
741156
74200:10:52,230 --> 00:10:55,090
743four or five of them, and I was
744wondering how it was gonna be
745
746157
74700:10:55,110 --> 00:10:57,090
748possible to get all the media
749partners interested in doing
750
751158
75200:10:57,110 --> 00:11:00,080
753another story about off-shore,
754but we really had cracked the
755
756159
75700:11:00,100 --> 00:11:01,140
758off-shore.
759
760160
76100:11:01,160 --> 00:11:02,140
762Well, even though we had
763done previous stories,
764
765161
76600:11:02,160 --> 00:11:04,130
767we didn't have this kind
768of information before,
769
770162
77100:11:04,150 --> 00:11:07,030
772and I really thought
773it was a breakthrough.
774
775163
77600:11:08,080 --> 00:11:11,020
777EMILIA: 11.5 million documents.
778
779164
78000:11:11,040 --> 00:11:14,030
781You have all these
782complex kind of documents,
783
784165
78500:11:14,050 --> 00:11:17,100
786some that you familiarize with,
787but sometimes you also have
788
789166
79000:11:17,120 --> 00:11:18,150
791databases within them.
792
793167
79400:11:18,170 --> 00:11:20,180
795MATTHEW: They
796were mostly emails,
797
798168
79900:11:20,200 --> 00:11:23,140
800PDFs and everything else,
801but because there were so many
802
803169
80400:11:23,160 --> 00:11:26,010
805millions of documents, we had to
806make it easy for journalists to
807
808170
80900:11:26,030 --> 00:11:28,140
810search through them
811by using data sets,
812
813171
81400:11:28,160 --> 00:11:32,050
815for example, all the
816clients of Mossack Fonseca,
817
818172
81900:11:32,070 --> 00:11:35,100
820all the intermediaries,
821clients per country,
822
823173
82400:11:35,120 --> 00:11:36,210
825and so on.
826
827174
82800:11:36,230 --> 00:11:39,100
829BASTIAN: Every company
830has a number and a folder,
831
832175
83300:11:39,120 --> 00:11:41,040
834so it's very easy to
835navigate, actually,
836
837176
83800:11:41,060 --> 00:11:43,030
839in the original data.
840
841177
84200:11:43,050 --> 00:11:47,020
843EMILIA: Then we upload it
844to a platform that we call
845
846178
84700:11:47,040 --> 00:11:49,060
848"Blacklight", and
849this becomes like,
850
851179
85200:11:49,080 --> 00:11:52,190
853Google, where
854you have a search box.
855
856180
85700:11:52,210 --> 00:11:56,100
858So you're actually able to
859figure out what are some names
860
861181
86200:11:56,120 --> 00:11:59,230
863of people of public interest in
864your country are present in
865
866182
86700:12:00,010 --> 00:12:01,200
868that data.
869
870183
87100:12:01,220 --> 00:12:04,100
872GERARD: One big danger here was
873that someone was feeding us the
874
875184
87600:12:04,120 --> 00:12:07,110
877documents and then would perhaps
878slip in some false information
879
880185
88100:12:07,130 --> 00:12:08,110
882into the documents.
883
884186
88500:12:08,130 --> 00:12:10,140
886We wanted to make sure
887that wasn't happening.
888
889187
89000:12:10,160 --> 00:12:13,100
891We had done some work on
892Mossack Fonseca in the past,
893
894188
89500:12:13,120 --> 00:12:16,100
896so we actually had a set of
897documents that we could compare
898
899189
90000:12:16,120 --> 00:12:19,030
901the information we were
902getting from the new source,
903
904190
90500:12:19,050 --> 00:12:21,150
906the John Doe source,
907with what we had before.
908
909191
91000:12:21,170 --> 00:12:24,190
911So my, you know, early stage
912was to to keep questioning
913
914192
91500:12:24,210 --> 00:12:27,070
916everything and to make sure that
917we were jumping every hurdle.
918
919193
92000:12:27,090 --> 00:12:32,150
921EMILIA: We decided to
922reconstruct a database of the
923
924194
92500:12:32,170 --> 00:12:37,110
926companies and the shareholders
927connected to Mossack Fonseca.
928
929195
93000:12:37,130 --> 00:12:41,080
931It's called Linkurious, and
932you just start typing people's
933
934196
93500:12:41,100 --> 00:12:42,200
936names, or companies' names.
937
938197
93900:12:42,220 --> 00:12:45,020
940You will get a
941circle called a node,
942
943198
94400:12:45,040 --> 00:12:48,080
945and if you click on
946it, it start expanding,
947
948199
94900:12:48,100 --> 00:12:52,080
950and then you will be able to see
951how many companies a person is
952
953200
95400:12:52,100 --> 00:12:56,040
955connected to or who are the
956shareholders behind a company.
957
958201
95900:12:56,060 --> 00:13:00,000
960MARINA: We literally took
961months to make available this
962
963202
96400:13:00,020 --> 00:13:03,040
965information to the journalists,
966and we were making it available
967
968203
96900:13:03,060 --> 00:13:05,200
970in batches up
971until the very end.
972
973204
97400:13:05,220 --> 00:13:09,150
975I think the last batch of
976information of documents was
977
978205
97900:13:09,170 --> 00:13:13,000
980released perhaps a couple of
981months before publication.
982
983206
98400:13:25,070 --> 00:13:26,120
985MARINA: You don't just call
986great reporters that you have
987
988207
98900:13:26,140 --> 00:13:27,180
990heard of.
991
992208
99300:13:27,200 --> 00:13:31,210
994You have to call people that you
995know you can work with who are
996
997209
99800:13:31,230 --> 00:13:34,230
999excellent reporters, but
1000also people that you can trust.
1001
1002210
100300:13:42,150 --> 00:13:46,020
1004We had been getting to
1005know the team at McClatchy,
1006
1007211
100800:13:46,040 --> 00:13:48,090
1009and they ticked every box.
1010
1011212
101200:13:48,110 --> 00:13:50,060
1013They really wanted
1014to work as a team.
1015
1016213
101700:13:53,070 --> 00:13:55,100
1018KEVIN: Who's surprised that
1019bad guys hide their money?
1020
1021214
102200:13:55,120 --> 00:13:58,140
1023You know, nobody was
1024saying that was the surprise.
1025
1026215
102700:13:58,160 --> 00:14:01,060
1028The surprise is, yeah, you pull
1029this veil back and you see this
1030
1031216
103200:14:01,080 --> 00:14:02,190
1033is how they do it.
1034
1035217
103600:14:02,210 --> 00:14:04,120
1037Everything you
1038thought was happening,
1039
1040218
104100:14:04,140 --> 00:14:05,230
1042here's the evidence.
1043
1044219
104500:14:06,010 --> 00:14:07,140
1046It is.
1047
1048220
104900:14:07,160 --> 00:14:09,050
1050Yeah, because of...
1051
1052221
105300:14:09,070 --> 00:14:11,140
1054I'm a former South America
1055Bureau Chief for the company,
1056
1057222
105800:14:11,160 --> 00:14:14,120
1059and Mossack Fonseca
1060is a Latin company,
1061
1062223
106300:14:14,140 --> 00:14:18,100
1064Latin clients, and so it was
1065an area that I could help with.
1066
1067224
106800:14:18,120 --> 00:14:20,180
1069I grew up in-in
1070Ecuador as a child.
1071
1072225
107300:14:20,200 --> 00:14:23,100
1074I grew up a little different
1075than most Americans because I
1076
1077226
107800:14:23,120 --> 00:14:26,100
1079saw the poverty, I saw kids with
1080no legs begging in front of the
1081
1082227
108300:14:26,120 --> 00:14:31,090
1084soccer stadium on Saturdays, and
1085so you know this different world
1086
1087228
108800:14:31,110 --> 00:14:35,060
1089exists, but to have it so
1090spelled out clearly where you
1091
1092229
109300:14:35,080 --> 00:14:37,230
1094can see.
1095
1096230
109700:14:38,010 --> 00:14:39,190
1098You can start to see
1099these connections,
1100
1101231
110200:14:39,210 --> 00:14:42,060
1103and then the rest of it
1104is kind of the legwork.
1105
1106232
110700:14:42,080 --> 00:14:43,190
1108Okay, you know they
1109have an offshore account,
1110
1111233
111200:14:43,210 --> 00:14:45,230
1113so what?
1114
1115234
111600:14:46,010 --> 00:14:47,120
1117You know, what do
1118you do from there?
1119
1120235
112100:14:47,140 --> 00:14:49,100
1122What more can you
1123say about that?
1124
1125236
112600:14:55,000 --> 00:14:57,150
1127MARISA: Usually as
1128a, as a reporter,
1129
1130237
113100:14:57,170 --> 00:15:02,020
1132you have tips, you have some
1133kind of roadmap of where you
1134
1135238
113600:15:02,040 --> 00:15:03,110
1137want to go with a story.
1138
1139239
114000:15:03,130 --> 00:15:07,040
1141With this, we had
1142absolutely no roadmap.
1143
1144240
114500:15:10,090 --> 00:15:12,190
1146We weren't the
1147big guys, you know?
1148
1149241
115000:15:12,210 --> 00:15:16,120
1151We were the ones who tried to
1152break stories that the big guys
1153
1154242
115500:15:16,140 --> 00:15:17,200
1156didn't have.
1157
1158243
115900:15:17,220 --> 00:15:20,110
1160We were the, the
1161underdogs, to some degree.
1162
1163244
116400:15:20,130 --> 00:15:23,210
1165It was also something that
1166we had to kind of sell to our
1167
1168245
116900:15:23,230 --> 00:15:27,120
1170company at the time, because
1171they had decided that they were
1172
1173246
117400:15:27,140 --> 00:15:29,230
1175gonna shut their
1176foreign bureaus.
1177
1178247
117900:15:30,010 --> 00:15:32,210
1180They were
1181wondering what value,
1182
1183248
118400:15:32,230 --> 00:15:35,200
1185foreign news would
1186have to their readers.
1187
1188249
118900:15:35,220 --> 00:15:40,080
1190Why are people gonna care that
1191the rich don't pay their taxes
1192
1193250
119400:15:40,100 --> 00:15:42,160
1195and crooks are crooks?
1196
1197251
119800:15:42,180 --> 00:15:45,200
1199Everyone knows that.
1200
1201252
120200:15:45,220 --> 00:15:49,210
1203What he didn't understand is
1204that this was such an enormous
1205
1206253
120700:15:49,230 --> 00:15:52,070
1208amount of data, it
1209was revealing a,
1210
1211254
121200:15:52,090 --> 00:15:53,120
1213a whole world.
1214
1215255
121600:15:53,140 --> 00:15:56,040
1217It wasn't just a
1218story about offshores;
1219
1220256
122100:15:56,060 --> 00:15:58,000
1222It was, it was the goods.
1223
1224257
122500:15:58,020 --> 00:16:00,160
1226We had the goods
1227on how it worked.
1228
1229258
123000:16:09,120 --> 00:16:13,000
1231JÓHANNES: I'm a
1232nerd about journalism.
1233
1234259
123500:16:13,020 --> 00:16:15,120
1236I had been a
1237journalist for over 15 years,
1238
1239260
124000:16:15,140 --> 00:16:20,120
1241and I look at myself as a
1242person that wants to be the
1243
1244261
124500:16:20,140 --> 00:16:24,220
1246pipeline for minority
1247groups to publish their story,
1248
1249262
125000:16:25,000 --> 00:16:29,090
1251to ask questions inside the
1252government and find answers for
1253
1254263
125500:16:29,110 --> 00:16:30,080
1256those groups.
1257
1258264
125900:16:33,220 --> 00:16:35,080
1260JÓHANNES: I got a
1261call from Marina Walker,
1262
1263265
126400:16:35,100 --> 00:16:37,170
1265the Deputy Director of ICIJ.
1266
1267266
126800:16:37,190 --> 00:16:40,210
1269She asked me, do-do you
1270want to work on a leak?
1271
1272267
127300:16:40,230 --> 00:16:46,220
1274And we have a lot of
1275Icelandic names in the leak.
1276
1277268
127800:16:47,000 --> 00:16:50,180
1279And we have your prime
1280minister there and his wife.
1281
1282269
128300:16:50,200 --> 00:16:53,200
1284And at that moment, uh,
1285everything froze in front of me.
1286
1287270
128800:16:56,120 --> 00:16:59,140
1289I thought to myself, wow, this
1290is going to be a bomb here
1291
1292271
129300:16:59,160 --> 00:17:01,150
1294in Iceland.
1295
1296272
129700:17:01,170 --> 00:17:04,190
1298Nobody knew about his
1299offshore company called Wintris.
1300
1301273
130200:17:07,080 --> 00:17:09,210
1303If you Googled Wintris
1304before the Panama Papers,
1305
1306274
130700:17:09,230 --> 00:17:14,000
1308you couldn't find anything, and
1309the prime minister hadn't been
1310
1311275
131200:17:14,020 --> 00:17:17,140
1313transparent about his
1314involvement into the
1315
1316276
131700:17:17,160 --> 00:17:19,060
1318offshore world.
1319
1320277
132100:17:19,080 --> 00:17:22,140
1322Ladies and gentlemen, it's a
1323pleasure for me to be here today
1324
1325278
132600:17:22,160 --> 00:17:24,200
1327at Iceland Investment Forum.
1328
1329279
133000:17:24,220 --> 00:17:28,110
1331It takes time for any given
1332country to resurface from
1333
1334280
133500:17:28,130 --> 00:17:32,190
1336political turmoil after a
1337large-scale economic crisis.
1338
1339281
134000:17:32,210 --> 00:17:34,230
1341We've already made
1342significant progress,
1343
1344282
134500:17:35,010 --> 00:17:38,020
1346and I'm convinced that the
1347policy this government has put
1348
1349283
135000:17:38,040 --> 00:17:42,190
1351forward is a sound one, and that
1352is what bring further benefits.
1353
1354284
135500:17:42,210 --> 00:17:45,230
1356I have to admit that when
1357you hear the prime minister is
1358
1359285
136000:17:46,010 --> 00:17:50,010
1361involved, his wife
1362and other big business,
1363
1364286
136500:17:50,030 --> 00:17:52,160
1366people in Iceland
1367very powerful people,
1368
1369287
137000:17:52,180 --> 00:17:56,100
1371then you start to think
1372about what will happen?
1373
1374288
137500:17:56,120 --> 00:17:59,150
1376Hope to see you and
1377your money in Iceland.
1378
1379289
138000:18:05,020 --> 00:18:06,050
1381GERARD: At this point,
1382we continue on to London,
1383
1384290
138500:18:06,070 --> 00:18:10,040
1386and I met with The Guardian,
1387because I knew if they were
1388
1389291
139000:18:10,060 --> 00:18:12,190
1391involved that it'd be easier to
1392convince other media partners to
1393
1394292
139500:18:12,210 --> 00:18:14,140
1396get involved.
1397
1398293
139900:18:15,180 --> 00:18:17,200
1400LUKE: This was a
1401really important leak.
1402
1403294
140400:18:17,220 --> 00:18:21,080
1405I think, I think we've had three
1406super leaks this century so far.
1407
1408295
140900:18:23,180 --> 00:18:26,110
1410We have Wikileaks where we
1411got the kind of unmediated view
1412
1413296
141400:18:26,130 --> 00:18:28,110
1415of the most
1416powerful country on Earth,
1417
1418297
141900:18:28,130 --> 00:18:29,160
1420the United States.
1421
1422298
142300:18:29,180 --> 00:18:31,120
1424NEWS REPORTER 14: The
1425biggest leak of U.S.
1426
1427299
142800:18:31,140 --> 00:18:32,160
1429military secrets ever.
1430
1431300
143200:18:32,180 --> 00:18:35,160
1433Website Wikileaks hit the
1434"send" button on some 400,000
1435
1436301
143700:18:35,180 --> 00:18:37,230
1438sensitive
1439documents about the Iraq war.
1440
1441302
144200:18:38,230 --> 00:18:41,040
1443LUKE: Then we had
1444Snowden who came along,
1445
1446303
144700:18:41,060 --> 00:18:44,090
1448who proved that all of our data
1449is being collected all the time,
1450
1451304
145200:18:44,110 --> 00:18:46,000
1453that we're being surveilled.
1454
1455305
145600:18:46,020 --> 00:18:49,010
1457I, sitting at my desk, uh,
1458certainly had the authorities
1459
1460306
146100:18:49,030 --> 00:18:53,170
1462to wiretap anyone from you
1463or your accountant to a federal
1464
1465307
146600:18:53,190 --> 00:18:56,050
1467judge to even the President,
1468if I had a personal email.
1469
1470308
147100:18:56,070 --> 00:18:58,140
1472LUKE: He sort of lifted what I
1473would call mass surveillance.
1474
1475309
147600:18:58,160 --> 00:19:01,130
1477And then we had
1478the Panama Papers.
1479
1480310
148100:19:01,150 --> 00:19:05,200
1482We had emails, uh, between the
1483law firm and what they called
1484
1485311
148600:19:05,220 --> 00:19:08,050
1487their clients, which typically
1488meant other intermediaries,
1489
1490312
149100:19:08,070 --> 00:19:11,030
1492banks, lawyers,
1493accountants all over the world.
1494
1495313
149600:19:11,050 --> 00:19:14,040
1497We had passport scans and we had
1498kind of incorporation documents,
1499
1500314
150100:19:14,060 --> 00:19:17,090
1502we had a lot of postage
1503stamps from these very
1504
1505315
150600:19:17,110 --> 00:19:19,010
1507exotic locations.
1508
1509316
151000:19:19,030 --> 00:19:20,170
1511Pretty much all of it was set up
1512so that no one can kind of
1513
1514317
151500:19:20,190 --> 00:19:21,230
1516peer inside.
1517
1518318
151900:19:22,010 --> 00:19:25,180
1520And, and suddenly, we had a
1521kind of treasure trove of stuff.
1522
1523319
152400:19:25,200 --> 00:19:27,200
1525I've been on The
1526Guardian for about 20 years.
1527
1528320
152900:19:27,220 --> 00:19:29,230
153012 years as a foreign
1531correspondent bouncing around
1532
1533321
153400:19:30,010 --> 00:19:31,220
1535the world:
1536Afghanistan, Iraq, Berlin,
1537
1538322
153900:19:32,000 --> 00:19:34,020
1540and then I was
1541placed into Moscow,
1542
1543323
154400:19:34,040 --> 00:19:36,170
1545where I kind of really plunged
1546into what you might call kind of
1547
1548324
154900:19:36,190 --> 00:19:38,210
1550post-Soviet muck.
1551
1552325
155300:19:38,230 --> 00:19:42,010
1554Corruption,
1555espionage, Vladimir Putin,
1556
1557326
155800:19:42,030 --> 00:19:46,000
1559his money,
1560question mark, and so on.
1561
1562327
156300:19:49,040 --> 00:19:50,150
1564JULIETTE: You're
1565not just going in,
1566
1567328
156800:19:50,170 --> 00:19:51,220
1569going oh, look, you know, here's
1570the whole story in black and
1571
1572329
157300:19:52,000 --> 00:19:53,020
1574white for me.
1575
1576330
157700:19:53,040 --> 00:19:54,110
1578It's a lot of
1579detective work, of,
1580
1581331
158200:19:54,130 --> 00:19:58,140
1583of painstaking piecing together.
1584
1585332
158600:20:00,160 --> 00:20:02,190
1587You don't just dump stuff.
1588
1589333
159000:20:02,210 --> 00:20:06,090
1591You find the narratives, you
1592make them matter to people.
1593
1594334
159500:20:08,000 --> 00:20:11,180
1596I joined The Guardian in
15972011 as telecoms correspondent,
1598
1599335
160000:20:11,200 --> 00:20:14,030
1601and, because I speak French, I
1602was pulled into an investigation
1603
1604336
160500:20:14,050 --> 00:20:17,030
1606into HSBC Bank, and
1607its Swiss operation,
1608
1609337
161000:20:17,050 --> 00:20:19,160
1611which was the first ICIJ
1612investigation that I'd
1613
1614338
161500:20:19,180 --> 00:20:20,230
1616worked on.
1617
1618339
161900:20:21,010 --> 00:20:22,060
1620NEWS REPORTER 15: The massive
1621investigation by media outlets
1622
1623340
162400:20:22,080 --> 00:20:25,150
1625including France's Le Monde and
1626Britain's Guardian Newspaper.
1627
1628341
162900:20:25,170 --> 00:20:29,030
1630They've revealed that HSBC Swiss
1631private banking arm has helped
1632
1633342
163400:20:29,050 --> 00:20:31,150
1635thousands of wealthy
1636clients to evade tax.
1637
1638343
163900:20:31,170 --> 00:20:33,190
1640JULIETTE: It was a
1641big story over here,
1642
1643344
164400:20:33,210 --> 00:20:37,160
1645and then I, I got brought in to
1646do the Panama Papers a few month
1647
1648345
164900:20:37,180 --> 00:20:39,150
1650after that.
1651
1652346
165300:20:45,090 --> 00:20:47,070
1654MATTHEW: I knew that there were
1655companies in Malta that were
1656
1657347
165800:20:47,090 --> 00:20:51,020
1659using Mossack Fonseca to set up
1660companies in Panama for their
1661
1662348
166300:20:51,040 --> 00:20:56,170
1664clients, but what I never
1665imagined was that I would find
1666
1667349
166800:20:56,190 --> 00:21:00,210
1669the name of a
1670cabinet minister in there.
1671
1672350
167300:21:00,230 --> 00:21:03,190
1674There were three
1675companies that were set up.
1676
1677351
167800:21:03,210 --> 00:21:07,030
1679The names of Konrad Mizzi
1680and of Konrad Mizzi's wife,
1681
1682352
168300:21:07,050 --> 00:21:10,200
1684Sai Mizzi, and Konrad
1685Mizzi's children appeared in
1686
1687353
168800:21:10,220 --> 00:21:13,110
1689the documentation.
1690
1691354
169200:21:13,130 --> 00:21:17,200
1693There were never any names given
1694for the third company, Egrant.
1695
1696355
169700:21:20,100 --> 00:21:23,000
1698My mother, through a
1699different sources,
1700
1701356
170200:21:23,020 --> 00:21:28,070
1703one of who worked in a bank
1704where documentation related to
1705
1706357
170700:21:28,090 --> 00:21:32,090
1708this third company was kept,
1709worked out that the shares were
1710
1711358
171200:21:32,110 --> 00:21:35,010
1713being held in the name of
1714the Prime Minister's wife,
1715
1716359
171700:21:35,030 --> 00:21:38,010
1718Michelle Muscat.
1719
1720360
172100:21:38,030 --> 00:21:40,220
1722I think that's when we realized
1723that what we were dealing with
1724
1725361
172600:21:41,000 --> 00:21:44,170
1727in Malta was a
1728system of state capture,
1729
1730362
173100:21:44,190 --> 00:21:47,120
1732that every institution of the
1733state has been captured by
1734
1735363
173600:21:47,140 --> 00:21:49,070
1737this gang.
1738
1739364
174000:21:49,090 --> 00:21:51,090
1741They're laundering money,
1742they're laundering campaign
1743
1744365
174500:21:51,110 --> 00:21:54,210
1746funding, and they're going to
1747go to prison for a long time.
1748
1749366
175000:21:54,230 --> 00:21:57,030
1751I was sure of that at the time.
1752
1753367
175400:22:02,040 --> 00:22:04,220
1755WOMAN 1: This is all about
1756secrecy and the ability to hide
1757
1758368
175900:22:05,000 --> 00:22:06,170
1760your money, your assets.
1761
1762369
176300:22:06,190 --> 00:22:08,180
1764LUKE: The rich
1765and the super-rich,
1766
1767370
176800:22:08,200 --> 00:22:11,060
1769together with most sort of
1770multi-national corporations,
1771
1772371
177300:22:11,080 --> 00:22:15,100
1774essentially exited quietly, sort
1775of slipped off stage from the
1776
1777372
177800:22:15,120 --> 00:22:18,010
1779messy business of-of-of
1780universal taxation some
1781
1782373
178300:22:18,030 --> 00:22:20,010
1784time ago.
1785
1786374
178700:22:23,010 --> 00:22:24,230
1788Before I started work
1789on the Panama Papers,
1790
1791375
179200:22:25,010 --> 00:22:27,220
1793I thought that
1794offshore was a kind of small,
1795
1796376
179700:22:28,000 --> 00:22:31,070
1798minor, who cares, you know,
1799little aspect of the economic
1800
1801377
180200:22:31,090 --> 00:22:33,190
1803system we knew
1804not so much about,
1805
1806378
180700:22:33,210 --> 00:22:35,190
1808and after reading
1809the Panama Papers,
1810
1811379
181200:22:35,210 --> 00:22:37,180
1813I realized it is
1814the economic system.
1815
1816380
181700:22:37,200 --> 00:22:39,100
1818It is the system.
1819
1820381
182100:22:39,120 --> 00:22:41,220
1822Eight trillion dollars
1823is stuffed in tax havens,
1824
1825382
182600:22:42,000 --> 00:22:44,010
1827western countries,
1828including the U.S.,
1829
1830383
183100:22:44,030 --> 00:22:46,200
1832are losing about 200 billion
1833dollars a year in tax revenues.
1834
1835384
183600:22:51,000 --> 00:22:52,210
1837PAUL: We were still
1838debating, at that time,
1839
1840385
184100:22:52,230 --> 00:22:56,050
1842whether tax avoidance was a
1843matter of public interest or
1844
1845386
184600:22:56,070 --> 00:22:58,110
1847not, or could you simply do
1848what you liked with your money?
1849
1850387
185100:22:58,130 --> 00:23:00,120
1852But what it did
1853establish for us,
1854
1855388
185600:23:00,140 --> 00:23:03,040
1857the scale of it, it just showed
1858you there were underground
1859
1860389
186100:23:03,060 --> 00:23:06,150
1862rivers of money washing around
1863the globe unbeknownst to
1864
1865390
186600:23:06,170 --> 00:23:08,110
1867most people.
1868
1869391
187000:23:08,130 --> 00:23:11,230
1871MARINA: We are writing about an
1872incredibly damaging part of our
1873
1874392
187500:23:12,010 --> 00:23:16,070
1876economy that has become so
1877central and so mainstream that
1878
1879393
188000:23:16,090 --> 00:23:20,000
1881it's creating French revolution
1882levels of inequality
1883
1884394
188500:23:20,020 --> 00:23:22,000
1886and injustice.
1887
1888395
188900:23:24,060 --> 00:23:29,020
1890And the challenge we have is to
1891be able to bring this story home
1892
1893396
189400:23:29,040 --> 00:23:33,070
1895to people, to show them that
1896this story matters to you,
1897
1898397
189900:23:33,090 --> 00:23:36,110
1900affects your
1901life, and guess what?
1902
1903398
190400:23:36,130 --> 00:23:39,140
1905You are the
1906victim in this story.
1907
1908399
190900:24:08,130 --> 00:24:09,120
1910JOHN: Decisions have
1911been made that
1912
1913400
191400:24:09,140 --> 00:24:12,110
1915have spared the wealthy,
1916while focusing instead on
1917
1918401
191900:24:12,130 --> 00:24:16,030
1920reining in middle and
1921low-income citizens.
1922
1923402
192400:24:17,170 --> 00:24:20,010
1925The collective impact of these
1926failures has been a complete
1927
1928403
192900:24:20,030 --> 00:24:23,090
1930erosion of ethical standards,
1931ultimately leading to a novel
1932
1933404
193400:24:23,110 --> 00:24:26,210
1935system we still call capitalism,
1936but which is tantamount to
1937
1938405
193900:24:26,230 --> 00:24:30,180
1940economic slavery.
1941
1942406
194300:24:31,150 --> 00:24:34,090
1944Hopelessly backward and
1945inefficient courts have failed.
1946
1947407
194800:24:34,110 --> 00:24:36,200
1949Judges have too often acquiesced
1950to the arguments of the rich
1951
1952408
195300:24:36,220 --> 00:24:41,010
1954whose lawyers, and not
1955just Mossack Fonseca,
1956
1957409
195800:24:41,030 --> 00:24:43,150
1959are well-trained in honoring
1960the letter of the law while
1961
1962410
196300:24:43,170 --> 00:24:46,170
1964simultaneously doing everything
1965in their power to desecrate
1966
1967411
196800:24:46,190 --> 00:24:49,050
1969its spirit.
1970
1971412
197200:24:49,070 --> 00:24:50,050
1973BEN ON PHONE: Leave your number,
1974and I will get back to you as
1975
1976413
197700:24:50,070 --> 00:24:51,050
1978soon as I can.
1979
1980414
198100:24:51,070 --> 00:24:52,060
1982Thank you very much.
1983
1984415
198500:24:52,220 --> 00:24:53,160
1986KEVIN: Ben, hey, it's Kevin.
1987
1988416
198900:24:53,180 --> 00:24:56,020
1990Since we have
1991outstanding matters,
1992
1993417
199400:24:56,040 --> 00:24:56,200
1995give me a shout back.
1996
1997418
199800:24:56,220 --> 00:24:58,220
1999Bye.
2000
2001419
200200:24:59,000 --> 00:25:01,050
2003One of the things that is
2004particularly interesting about
2005
2006420
200700:25:01,070 --> 00:25:04,110
2008the Panama Papers is you
2009have all the email traffic,
2010
2011421
201200:25:04,130 --> 00:25:07,060
2013all these different people who
2014appear in these email threads
2015
2016422
201700:25:07,080 --> 00:25:10,220
2018going back and forth on
2019how to handle something.
2020
2021423
202200:25:11,000 --> 00:25:14,060
2023You see their personalities
2024and who in the Compliance
2025
2026424
202700:25:14,080 --> 00:25:17,090
2028Department, who is more serious
2029about really cracking down and
2030
2031425
203200:25:17,110 --> 00:25:20,140
2033the tension between
2034management and compliance.
2035
2036426
203700:25:20,160 --> 00:25:24,050
2038So at one point, the
2039Geneva office basically says,
2040
2041427
204200:25:24,070 --> 00:25:28,110
2043you know, they-they found that
2044you've got a Syrian tied to a,
2045
2046428
204700:25:28,130 --> 00:25:32,070
2048to Bashar Al-Assad whose now
2049under sanction and everything at
2050
2051429
205200:25:32,090 --> 00:25:36,140
2053the time of these emails,
2054and the Geneva office says,
2055
2056430
205700:25:36,160 --> 00:25:40,030
2058well, HSBC's still working
2059with him so I don't see why
2060
2061431
206200:25:40,050 --> 00:25:41,230
2063we shouldn't.
2064
2065432
206600:25:42,010 --> 00:25:45,040
2067You know, so you kinda
2068see what their thinking is.
2069
2070433
207100:25:47,140 --> 00:25:49,080
2072You know, they're willing
2073to work with bad money,
2074
2075434
207600:25:49,100 --> 00:25:53,180
2077they just have to
2078be clean about it.
2079
2080435
208100:25:53,200 --> 00:25:57,030
2082JACK: The customer said, I need
2083to do the following in terms of
2084
2085436
208600:25:57,050 --> 00:25:58,090
2087hiding money.
2088
2089437
209000:25:58,110 --> 00:26:00,000
2091Will you do it for me?
2092
2093438
209400:26:00,020 --> 00:26:02,150
2095And Mossack Fonseca,
2096these are all on the records,
2097
2098439
209900:26:02,170 --> 00:26:06,050
2100would say sure, we'll give
2101you a Panamanian corporation,
2102
2103440
210400:26:06,070 --> 00:26:09,110
2105a trust a bank
2106account somewhere else,
2107
2108441
210900:26:09,130 --> 00:26:10,140
2110and not to worry.
2111
2112442
211300:26:10,160 --> 00:26:12,170
2114Nobody will follow the trail.
2115
2116443
211700:26:17,170 --> 00:26:21,060
2118So simplified, it would explain
2119how the system works in a really
2120
2121444
212200:26:21,080 --> 00:26:23,140
2123understandable way.
2124
2125445
212600:26:23,160 --> 00:26:26,230
2127I worked on a case involving a
2128drug trafficker in the
2129
2130446
213100:26:27,010 --> 00:26:28,050
2132Cayman Islands.
2133
2134447
213500:26:28,070 --> 00:26:32,120
2136His lawyer in Miami said, go see
2137Joe Blow in the Cayman Islands
2138
2139448
214000:26:32,140 --> 00:26:34,000
2141and he'll set you up.
2142
2143449
214400:26:34,020 --> 00:26:36,010
2145AL: We got
2146everything a man could want.
2147
2148450
214900:26:36,030 --> 00:26:39,010
2150JACK: Joe Blow in the Cayman
2151Islands sets up a corporation,
2152
2153451
215400:26:39,030 --> 00:26:42,000
2155the corporation
2156opens a bank account.
2157
2158452
215900:26:42,020 --> 00:26:45,160
2160The guy who is the drug
2161trafficker now puts money in the
2162
2163453
216400:26:45,180 --> 00:26:50,080
2165bank account and lets the lawyer
2166in Cayman control that
2167
2168454
216900:26:50,100 --> 00:26:51,060
2170bank account.
2171
2172455
217300:26:51,080 --> 00:26:53,110
2174There comes a moment
2175six months later...
2176
2177456
217800:26:53,130 --> 00:26:56,000
2179ACTOR 1:
2180You took out the money.
2181
2182457
218300:26:56,020 --> 00:26:57,120
2184AL: Yeah.
2185
2186458
218700:26:57,140 --> 00:26:59,120
2188JACK: He wants to move the
2189money to hide the trail,
2190
2191459
219200:26:59,140 --> 00:27:01,160
2193and he calls the
2194lawyer and says,
2195
2196460
219700:27:01,180 --> 00:27:04,110
2198well, we need another bank
2199account in the name of another
2200
2201461
220200:27:04,130 --> 00:27:06,160
2203corporation, and I want
2204to transfer the money from
2205
2206462
220700:27:06,180 --> 00:27:11,040
2208Corporation A to Corporation B,
2209and let's do it so the amounts
2210
2211463
221200:27:11,060 --> 00:27:12,020
2213don't match.
2214
2215464
221600:27:12,040 --> 00:27:15,010
2217And then, the moment
2218comes when he says,
2219
2220465
222100:27:15,030 --> 00:27:18,020
2222I want to use the money, and
2223he goes back for the lawyer in
2224
2225466
222600:27:18,040 --> 00:27:21,090
2227Cayman and he says, we're
2228gonna have the bank that has the
2229
2230467
223100:27:21,110 --> 00:27:26,060
2232second transfer lend the money
2233to the guy's brother who owns a,
2234
2235468
223600:27:26,080 --> 00:27:29,000
2237massage parlor in Houston.
2238
2239469
224000:27:29,020 --> 00:27:32,090
2241That way, it'll
2242look like a loan, non-taxable.
2243
2244470
224500:27:32,110 --> 00:27:33,090
2246Where did you get it?
2247
2248471
224900:27:33,110 --> 00:27:34,170
2250I borrowed it.
2251
2252472
225300:27:34,190 --> 00:27:36,210
2254The whole thing looks
2255like it's perfectly clean
2256
2257473
225800:27:36,230 --> 00:27:38,080
2259and perfectly okay.
2260
2261474
226200:27:53,160 --> 00:27:55,070
2263BASTIAN: Hey, how you doing?
2264
2265475
226600:27:55,090 --> 00:27:59,020
2267I was kind of skeptical because
2268I wasn't a big fan of inviting
2269
2270476
227100:27:59,040 --> 00:28:00,180
2272so many colleagues.
2273
2274477
227500:28:00,200 --> 00:28:02,180
2276I thought, you know, maybe
227750 or 100 really enough,
2278
2279478
228000:28:02,200 --> 00:28:09,130
2281and we knew around 50 or 100
2282from previous investigations,
2283
2284479
228500:28:09,150 --> 00:28:11,180
2286so we trusted them.
2287
2288480
228900:28:11,200 --> 00:28:17,180
2290JOURNALIST: Do they know
2291that you got the data?
2292
2293481
229400:28:17,200 --> 00:28:19,130
2295Or that it's out there
2296available for someone?
2297
2298482
229900:28:22,210 --> 00:28:28,070
2300FREDERIK: I wondered if we could
2301keep this whole project secret.
2302
2303483
230400:28:28,090 --> 00:28:31,230
2305There's one basic rule,
2306and that might sound rude,
2307
2308484
230900:28:32,010 --> 00:28:32,230
2310but it's important.
2311
2312485
231300:28:33,010 --> 00:28:35,050
2314That's shut up and encrypt.
2315
2316486
231700:28:35,070 --> 00:28:39,050
2318We always told our colleagues
2319that you cannot tell anyone.
2320
2321487
232200:28:39,070 --> 00:28:41,150
2323Not your wife, not
2324your best friend,
2325
2326488
232700:28:41,170 --> 00:28:45,040
2328nobody, about this project, and
2329you have to encrypt everything.
2330
2331489
233200:28:50,080 --> 00:28:52,020
2333GERARD: You know, my primary
2334interest at this-this stage of
2335
2336490
233700:28:52,040 --> 00:28:54,100
2338the investigation was to
2339establish public interest.
2340
2341491
234200:28:54,120 --> 00:28:56,110
2343So we only were
2344interested in public figures.
2345
2346492
234700:28:56,130 --> 00:28:59,070
2348You know,
2349politicians, businesspeople,
2350
2351493
235200:28:59,090 --> 00:29:00,230
2353anyone with a public profile.
2354
2355494
235600:29:01,010 --> 00:29:06,000
2357And you know, the fastest way to
2358find that out is to give a set
2359
2360495
236100:29:06,020 --> 00:29:08,060
2362of documents from Indonesia
2363to an Indonesian journalist.
2364
2365496
236600:29:08,080 --> 00:29:10,220
2367Give a set of documents
2368from Iceland to an
2369
2370497
237100:29:11,000 --> 00:29:12,130
2372Icelandic journalist.
2373
2374498
237500:29:12,150 --> 00:29:14,170
2376They would identify pretty
2377quickly who was worth looking at
2378
2379499
238000:29:14,190 --> 00:29:16,140
2381on this list and who
2382wasn't worth looking at.
2383
2384500
238500:29:26,060 --> 00:29:28,040
2386JOSEPH: I was angry that I had,
2387nobody had called me,
2388
2389501
239000:29:28,060 --> 00:29:30,040
2391and I wasn't, I wasn't
2392involved.
2393
2394502
239500:29:30,060 --> 00:29:33,030
2396You know, I have never
2397collaborated in a giant thing
2398
2399503
240000:29:33,050 --> 00:29:34,040
2401like that.
2402
2403504
240400:29:34,060 --> 00:29:36,120
2405I collaborate
2406within my newsroom,
2407
2408505
240900:29:36,140 --> 00:29:39,040
2410sometimes with,
2411like, one, you know,
2412
2413506
241400:29:39,060 --> 00:29:40,010
2415an outside group.
2416
2417507
241800:29:40,030 --> 00:29:42,160
2419Most news
2420organizations are not global,
2421
2422508
242300:29:42,180 --> 00:29:44,160
2424and then I think this becomes
2425much more important because it
2426
2427509
242800:29:44,180 --> 00:29:47,190
2429seems like more and more,
2430the best stories are global.
2431
2432510
243300:29:47,210 --> 00:29:49,200
2434This was like a ringing
2435affirmation that you can
2436
2437511
243800:29:49,220 --> 00:29:51,150
2439actually do it, uh, and
2440you can do it at-at scale.
2441
2442512
244300:29:59,070 --> 00:30:02,160
2444Then the ICIJ said, for example,
2445we need somebody in Panama.
2446
2447513
244800:30:02,180 --> 00:30:07,080
2449And I said, I don't
2450trust anybody in Panama.
2451
2452514
245300:30:34,230 --> 00:30:35,170
2454RITA: When I first looked
2455at the assignment
2456
2457515
245800:30:35,190 --> 00:30:38,220
2459that we
2460were going to do, I flipped.
2461
2462516
246300:30:39,000 --> 00:30:40,210
2464And the first document I
2465saw, it was an invoice.
2466
2467517
246800:30:40,230 --> 00:30:42,180
2469That's when I said, oh, my god.
2470
2471518
247200:30:42,200 --> 00:30:46,190
2473This is huge, because invoices
2474are probably one of the most,
2475
2476519
247700:30:46,210 --> 00:30:50,180
2478private
2479documents within a law firm,
2480
2481520
248200:30:50,200 --> 00:30:54,000
2483and then when I see the names of
2484people I know in the database,
2485
2486521
248700:30:54,020 --> 00:30:58,190
2488you know, I was really, really,
2489really scared because I knew
2490
2491522
249200:30:58,210 --> 00:31:02,100
2493what was coming behind that,
2494and I knew the consequences that
2495
2496523
249700:31:02,120 --> 00:31:05,000
2498this was going to have.
2499
2500524
250100:31:06,200 --> 00:31:08,210
2502WOMAN 2: Rita Vasquez was also a
2503lawyer in the offshore services
2504
2505525
250600:31:08,230 --> 00:31:12,150
2507industry for many years,
2508so when we learned that,
2509
2510526
251100:31:12,170 --> 00:31:14,100
2512we were fascinated.
2513
2514527
251500:31:14,120 --> 00:31:18,140
2516We had the opportunity to work
2517with an insider who understands
2518
2519528
252000:31:18,160 --> 00:31:22,100
2521this industry from within.
2522
2523529
252400:31:23,160 --> 00:31:25,120
2525RITA: Seeing my friends and
2526people that I care for in that
2527
2528530
252900:31:25,140 --> 00:31:28,110
2530data really made me wanted to
2531go deeper into the project.
2532
2533531
253400:31:31,000 --> 00:31:35,110
2535As a newspaper organization,
2536it is not our duty to tell if a
2537
2538532
253900:31:35,130 --> 00:31:37,110
2540private person is doing
2541something wrong with their own
2542
2543533
254400:31:37,130 --> 00:31:40,140
2545money, but it's our duty to tell
2546if somebody who had access to
2547
2548534
254900:31:40,160 --> 00:31:43,110
2550public funds or if
2551somebody who had,
2552
2553535
255400:31:43,130 --> 00:31:46,030
2555be part of a government or had
2556some sort of a jurisdictional
2557
2558536
255900:31:46,050 --> 00:31:49,060
2560power was doing something wrong.
2561
2562537
256300:31:54,000 --> 00:31:57,170
2564ROBERTO: The mandate of La
2565Prensa was to return freedom of
2566
2567538
256800:31:57,190 --> 00:32:03,110
2569expression to the country as an
2570infrastructure for democracy.
2571
2572539
257300:32:03,130 --> 00:32:05,060
2574In the midst of dictatorship.
2575
2576540
257700:32:20,020 --> 00:32:22,090
2578ROBERTO: But somehow it
2579worked, and in six months,
2580
2581541
258200:32:22,110 --> 00:32:25,150
2583we were the newspaper
2584of record of Panama.
2585
2586542
258700:32:25,170 --> 00:32:28,130
2588When we sat at our first
2589editorial meeting after
2590
2591543
259200:32:28,150 --> 00:32:30,160
2593everything was set
2594up, we said, well,
2595
2596544
259700:32:30,180 --> 00:32:32,070
2598how are we gonna handle this?
2599
2600545
260100:32:32,090 --> 00:32:36,170
2602Do we go softly increasing
2603our pressure or do we hit 'em
2604
2605546
260600:32:36,190 --> 00:32:39,080
2607straight in the
2608face from day one?
2609
2610547
261100:32:39,100 --> 00:32:40,110
2612We decided the second.
2613
2614548
261500:32:48,190 --> 00:32:50,160
2616SCOTT: When we
2617heard Mossack Fonseca,
2618
2619549
262000:32:50,180 --> 00:32:54,010
2621we knew that we were uniquely
2622positioned within the project
2623
2624550
262500:32:54,030 --> 00:32:56,130
2626because I played for the Mossack
2627Fonseca softball team in
2628
2629551
263000:32:56,150 --> 00:32:58,050
2631the BVI.
2632
2633552
263400:32:58,070 --> 00:33:02,170
2635Four of our closest friends
2636worked for Mossack Fonseca.
2637
2638553
263900:33:02,190 --> 00:33:05,170
2640And so we had a perspective
2641that out of the journalists,
2642
2643554
264400:33:05,190 --> 00:33:09,060
2645there were two people that
2646knew the inner workings of that
2647
2648555
264900:33:09,080 --> 00:33:11,050
2650company better than anybody.
2651
2652556
265300:33:12,230 --> 00:33:16,050
2654My journalism career was never
2655going to lead to any kind
2656
2657557
265800:33:16,070 --> 00:33:17,130
2659of greatness.
2660
2661558
266200:33:17,150 --> 00:33:19,090
2663I was never gonna work
2664for the New York Times.
2665
2666559
266700:33:19,110 --> 00:33:21,090
2668You know, I was the English
2669editor of La Prensa in Panama.
2670
2671560
267200:33:21,110 --> 00:33:24,120
2673That's not the sort of
2674things that make a great bio,
2675
2676561
267700:33:24,140 --> 00:33:27,140
2678and I always compared it to a
2679career minor league pitcher that
2680
2681562
268200:33:27,160 --> 00:33:32,070
2683suddenly you get to start
2684game seven of the World Series.
2685
2686563
268700:33:33,000 --> 00:33:33,220
2688When you find out
2689it's world leaders,
2690
2691564
269200:33:34,000 --> 00:33:35,090
2693it's drug traffickers.
2694
2695565
269600:33:35,110 --> 00:33:38,150
2697la Reina Del Sur, who is
2698one of the most famous female
2699
2700566
270100:33:38,170 --> 00:33:41,210
2702narco-terrorists in
2703history; Carlos Quintero,
2704
2705567
270600:33:41,230 --> 00:33:46,090
2707who is described as making
2708Pablo Escobar look like a baby.
2709
2710568
271100:33:47,160 --> 00:33:50,130
2712All of these names that
2713come flooding at you,
2714
2715569
271600:33:50,150 --> 00:33:55,070
2717and you, your first thought is,
2718how did they get away with this?
2719
2720570
272100:34:33,200 --> 00:34:35,200
2722BASTIAN: At least
2723that's my assumption.
2724
2725571
272600:34:35,220 --> 00:34:42,070
2727I mean, we've been working on
2728offshore since, for 2012.
2729
2730572
273100:34:43,170 --> 00:34:46,040
2732My private
2733explanation, more or less,
2734
2735573
273600:34:46,060 --> 00:34:51,000
2737is that I know that the source
2738had contact with other outlets,
2739
2740574
274100:34:51,020 --> 00:34:55,120
2742even before me, and they had
2743not reacted in the way that the
2744
2745575
274600:34:55,140 --> 00:34:58,030
2747leaker wished they had.
2748
2749576
275000:34:58,180 --> 00:35:00,200
2751JOSEPH: Some outlets may have
2752passed just because they tend
2753
2754577
275500:35:00,220 --> 00:35:02,230
2756not to do giant collaborations.
2757
2758578
275900:35:03,010 --> 00:35:05,080
2760You're devoting some of your
2761best people to something that
2762
2763579
276400:35:05,100 --> 00:35:06,130
2765might take a year.
2766
2767580
276800:35:06,150 --> 00:35:08,040
2769That, resources are scarce.
2770
2771581
277200:35:08,060 --> 00:35:11,160
2773Investigative talent on
2774your payroll is-is scarce,
2775
2776582
277700:35:11,180 --> 00:35:14,090
2778it's expensive, and you're,
2779you're taking a leap into
2780
2781583
278200:35:14,110 --> 00:35:16,170
2783something that,
2784from the beginning,
2785
2786584
278700:35:16,190 --> 00:35:18,150
2788you know is not
2789gonna be an exclusive.
2790
2791585
279200:35:21,180 --> 00:35:23,000
2793JOHN: The media has failed.
2794
2795586
279600:35:23,020 --> 00:35:26,030
2797In addition to
2798Süddeutsche Zeitung and ICIJ,
2799
2800587
280100:35:26,050 --> 00:35:29,010
2802and despite explicit
2803claims to the contrary,
2804
2805588
280600:35:29,030 --> 00:35:32,130
2807several major media outlets did
2808have editors review documents
2809
2810589
281100:35:32,150 --> 00:35:34,010
2812for the Panama Papers.
2813
2814590
281500:35:34,030 --> 00:35:36,120
2816They chose not to cover them.
2817
2818591
281900:35:39,070 --> 00:35:43,170
2820BASTIAN: There's this probably
2821frustrated person or those
2822
2823592
282400:35:43,190 --> 00:35:49,210
2825persons, we don't know,
2826trying to reach someone that is
2827
2828593
282900:35:49,230 --> 00:35:51,130
2830actually listening.
2831
2832594
283300:35:51,150 --> 00:35:53,170
2834LUKE: I mean, there was a flavor
2835of John Doe's personality.
2836
2837595
283800:35:53,190 --> 00:35:56,010
2839John Doe was
2840worried about exposure.
2841
2842596
284300:35:56,030 --> 00:35:57,220
2844He was also kind of worried
2845about his own sort of personal
2846
2847597
284800:35:58,000 --> 00:35:59,130
2849safety, so we
2850don't know who it is.
2851
2852598
285300:35:59,150 --> 00:36:01,000
2854It could be a he,
2855it could be a she.
2856
2857599
285800:36:01,020 --> 00:36:02,050
2859I don't think it's a they.
2860
2861600
286200:36:02,070 --> 00:36:05,000
2863KEVIN: I don't
2864think anyone benefits,
2865
2866601
286700:36:05,020 --> 00:36:06,210
2868you know, it's kind of death by
2869a thousand cuts if you give a
2870
2871602
287200:36:06,230 --> 00:36:08,210
2873little information here, a
2874little information there,
2875
2876603
287700:36:09,000 --> 00:36:10,220
2878you end up
2879compromising your source,
2880
2881604
288200:36:11,000 --> 00:36:13,020
2883and so I've kind of
2884pushed back internally,
2885
2886605
288700:36:13,040 --> 00:36:16,110
2888I think, on that, so that
2889people are more cautious about
2890
2891606
289200:36:16,130 --> 00:36:18,030
2893what they say about the source.
2894
2895607
289600:36:18,050 --> 00:36:20,100
2897JOSEPH: There are lots of good
2898reasons for sources to be afraid
2899
2900608
290100:36:20,120 --> 00:36:21,140
2902of talking to the press.
2903
2904609
290500:36:21,160 --> 00:36:24,020
2906It can be
2907an enormous risk.
2908
2909610
291000:36:24,040 --> 00:36:26,020
2911You know,
2912they can get fired,
2913
2914611
291500:36:26,040 --> 00:36:27,230
2916they can get
2917jailed in some places,
2918
2919612
292000:36:28,010 --> 00:36:29,140
2921they can get killed.
2922
2923613
292400:36:29,160 --> 00:36:31,060
2925And so, but one of those
2926reasons is they don't trust the
2927
2928614
292900:36:31,080 --> 00:36:33,070
2930operational security of the
2931journalist,
2932
2933615
293400:36:33,090 --> 00:36:36,060
2935and sometimes they're right
2936to be very worried about that,
2937
2938616
293900:36:36,080 --> 00:36:38,060
2940and they should, you know,
2941if you're a source out there,
2942
2943617
294400:36:38,080 --> 00:36:40,160
2945you should do your due
2946diligence and pick your
2947
2948618
294900:36:40,180 --> 00:36:41,140
2950journalist carefully.
2951
2952619
295300:36:41,160 --> 00:36:45,010
2954JOHN: I've watched
2955as one after another,
2956
2957620
295800:36:45,030 --> 00:36:48,140
2959whistleblowers and activists
2960in the United States and Europe
2961
2962621
296300:36:48,160 --> 00:36:51,160
2964have had their lives destroyed,
2965and the circumstances they find
2966
2967622
296800:36:51,180 --> 00:36:54,150
2969themselves in after shining a
2970light on obvious wrongdoing.
2971
2972623
297300:36:54,170 --> 00:36:57,220
2974NEWS REPORTER 16: Snowden,
2975who was holed up in Hong Kong,
2976
2977624
297800:36:58,000 --> 00:37:00,130
2979wanted in the U.S.,
2980is now in Russia.
2981
2982625
298300:37:00,150 --> 00:37:02,160
2984JOHN: Edward Snowden
2985is stranded in Moscow,
2986
2987626
298800:37:02,180 --> 00:37:05,150
2989exiled due to the Obama
2990Administration's decision to
2991
2992627
299300:37:05,170 --> 00:37:08,040
2994prosecute him under
2995the Espionage Act.
2996
2997628
299800:37:08,060 --> 00:37:11,040
2999Bradley Birkenfeld was awarded
3000millions for his information
3001
3002629
300300:37:11,060 --> 00:37:14,190
3004concerning Swiss bank UBS,
3005and was still given a prison
3006
3007630
300800:37:14,210 --> 00:37:16,220
3009sentence by the
3010Justice Department.
3011
3012631
301300:37:17,000 --> 00:37:19,230
3014Legitimate whistleblowers
3015who expose unquestionable
3016
3017632
301800:37:20,010 --> 00:37:22,200
3019wrongdoing, whether
3020insiders or outsiders,
3021
3022633
302300:37:22,220 --> 00:37:25,020
3024deserve immunity from
3025government retribution.
3026
3027634
302800:37:34,180 --> 00:37:37,190
3029WOMAN 3: Because of its
3030nature, of how global it was,
3031
3032635
303300:37:37,210 --> 00:37:41,130
3034we all realized that we need
3035to get together in person,
3036
3037636
303800:37:41,150 --> 00:37:44,010
3039so Munich was the
3040perfect place, of course,
3041
3042637
304300:37:44,030 --> 00:37:48,100
3044because we needed to go to the
3045home of Süddeutsche Zeitung.
3046
3047638
304800:37:49,120 --> 00:37:50,090
3049KEVIN: That, itself,
3050had to stay secret,
3051
3052639
305300:37:50,110 --> 00:37:53,150
3054so you couldn't say,
3055"I'm in Munich for X."
3056
3057640
305800:37:53,170 --> 00:37:55,120
3059People will naturally
3060ask, well, you know,
3061
3062641
306300:37:55,140 --> 00:37:56,190
3064what, what are you doing there?
3065
3066642
306700:37:56,210 --> 00:37:57,220
3068Oh, work meeting or, uh, you had
3069to come up with something that
3070
3071643
307200:37:58,000 --> 00:38:01,040
3073didn't sound anything like
3074what you were doing there.
3075
3076644
307700:38:09,050 --> 00:38:15,000
3078BASTIAN: The meeting was
3079kind of the decisive point.
3080
3081645
308200:38:15,020 --> 00:38:19,010
3083it was more or less our job to
3084make people enthusiastic about
3085
3086646
308700:38:19,030 --> 00:38:20,160
3088it and to get them on board.
3089
3090647
309100:38:24,070 --> 00:38:25,050
3092BASTIAN: I was so nervous.
3093
3094648
309500:38:25,070 --> 00:38:26,110
3096I hadn't slept for three
3097nights because it was,
3098
3099649
310000:38:26,130 --> 00:38:29,200
3101I mean, I was really, really
3102nervous because I thought if I
3103
3104650
310500:38:29,220 --> 00:38:33,150
3106mess this up, you know,
3107then this is the big,
3108
3109651
311000:38:33,170 --> 00:38:34,200
3111the big chance.
3112
3113652
311400:38:34,220 --> 00:38:37,010
3115The biggest collaboration of
3116investigative journalists...
3117
3118653
311900:38:37,030 --> 00:38:41,010
3120Sitting in front of more than a
3121hundred journalists showed me
3122
3123654
312400:38:41,030 --> 00:38:44,130
3125the first time how big this
3126project already was at
3127
3128655
312900:38:44,150 --> 00:38:47,070
3130that moment.
3131
3132656
313300:38:48,030 --> 00:38:49,010
3134JULIETTE: It was like the
3135United Nations of journalism,
3136
3137657
313800:38:49,030 --> 00:38:51,180
3139and I've never
3140experienced anything like it.
3141
3142658
314300:38:51,200 --> 00:38:53,210
3144We were working on a story,
3145and we were all working on
3146
3147659
314800:38:53,230 --> 00:38:54,220
3149it together.
3150
3151660
315200:38:55,000 --> 00:38:56,220
3153EMILIA: Sorry, well, I'm Emilia.
3154
3155661
315600:38:57,000 --> 00:38:57,220
3157I'm from Venezuela.
3158
3159662
316000:38:58,000 --> 00:38:59,130
3161I think...
3162
3163663
316400:38:59,150 --> 00:39:02,170
3165MARINA: We are not, uh,
3166forcing you to do this story.
3167
3168664
316900:39:02,190 --> 00:39:05,020
3170We are not paying
3171you to do this story.
3172
3173665
317400:39:05,040 --> 00:39:08,070
3175This is the story, and
3176you need to invest in it,
3177
3178666
317900:39:08,090 --> 00:39:11,100
3180and you are only going to get
3181out of it as much as you put
3182
3183667
318400:39:11,120 --> 00:39:13,170
3185into it.
3186
3187668
318800:39:13,190 --> 00:39:16,010
3189BASTIAN: Everybody
3190was, I'm all in.
3191
3192669
319300:39:16,030 --> 00:39:18,100
3194I want to know more.
3195
3196670
319700:39:26,040 --> 00:39:30,020
3198WOMAN 3: It's a time right
3199now in newsrooms of
3200
3201671
320200:39:30,040 --> 00:39:31,100
3203great uncertainty.
3204
3205672
320600:39:31,120 --> 00:39:33,210
3207You know, what will be
3208the fate of newspapers,
3209
3210673
321100:39:33,230 --> 00:39:39,000
3212which used to be the
3213watchdogs of the media.
3214
3215674
321600:39:41,120 --> 00:39:43,020
3217LUKE: In a time when
3218everyone is broke,
3219
3220675
322100:39:43,040 --> 00:39:45,190
3222when no one's clicking the ads,
3223where Facebook is taking all our
3224
3225676
322600:39:45,210 --> 00:39:48,150
3227money, where, where
3228newsrooms are-are just kind of
3229
3230677
323100:39:48,170 --> 00:39:52,030
3232empty-pocketed...
3233
3234678
323500:39:52,050 --> 00:39:54,100
3236MARINA: We really had
3237to convince these media
3238
3239679
324000:39:54,120 --> 00:39:56,190
3241organizations and these
3242journalists to work together,
3243
3244680
324500:39:56,210 --> 00:39:59,100
3246and we often got responses
3247like, why do we need you?
3248
3249681
325000:39:59,120 --> 00:40:01,000
3251Or why do we need one another?
3252
3253682
325400:40:01,020 --> 00:40:02,160
3255We can do it on our own.
3256
3257683
325800:40:02,180 --> 00:40:07,190
3259And perhaps 10, 15 years ago, it
3260was pre-media crisis and a lot
3261
3262684
326300:40:07,210 --> 00:40:11,070
3264of newspapers were
3265feeling really strong still,
3266
3267685
326800:40:11,090 --> 00:40:14,090
3269and they still had foreign
3270correspondents and thought that
3271
3272686
327300:40:14,110 --> 00:40:18,060
3274they could do it on their own,
3275but as the crisis in the media
3276
3277687
327800:40:18,080 --> 00:40:21,200
3279took place, and
3280stories became more complex,
3281
3282688
328300:40:21,220 --> 00:40:27,030
3284as technology evolved, it became
3285obvious that we needed to join
3286
3287689
328800:40:27,050 --> 00:40:31,030
3289forces, and they learned through
3290the process how much more
3291
3292690
329300:40:31,050 --> 00:40:36,030
3294impactful and powerful their
3295reporting can become when we
3296
3297691
329800:40:36,050 --> 00:40:39,160
3299work as a collective.
3300
3301692
330200:40:41,060 --> 00:40:44,050
3303BASTIAN: We immediately realized
3304the impact of having more people
3305
3306693
330700:40:44,070 --> 00:40:49,030
3308from different countries inside
3309the investigation because we had
3310
3311694
331200:40:49,050 --> 00:40:51,110
3313more, more, more findings.
3314
3315695
331600:40:51,130 --> 00:40:53,200
3317LUKE: Generally, I would
3318say we found the anonymous
3319
3320696
332100:40:53,220 --> 00:40:55,150
3322international rich.
3323
3324697
332500:40:55,170 --> 00:40:59,040
3326We, we found Spanish royals, we
3327found a German chicken farmer,
3328
3329698
333000:40:59,060 --> 00:41:02,070
3331we found a French dentist,
3332we found people who would,
3333
3334699
333500:41:02,090 --> 00:41:04,050
3336use fake names when
3337dealing with their lawyers,
3338
3339700
334000:41:04,070 --> 00:41:06,050
3341so instead of saying,
3342you know, you know,
3343
3344701
334500:41:06,070 --> 00:41:08,210
3346hello, here is Ivan,
3347you know, they would say,
3348
3349702
335000:41:08,230 --> 00:41:10,060
3351"Hi, it's Harry Potter."
3352
3353703
335400:41:10,080 --> 00:41:12,060
3355And, and there
3356was correspondents,
3357
3358704
335900:41:12,080 --> 00:41:15,170
3360you know, dear
3361Harry, your $25,000
3362
3363705
336400:41:15,190 --> 00:41:17,090
3365has arrived in the Bahamas.
3366
3367706
336800:41:17,110 --> 00:41:19,040
3369I mean, it was just like the wo-
3370most weird fishing expedition.
3371
3372707
337300:41:19,060 --> 00:41:21,060
3374I mean, there were
3375fish you would expect,
3376
3377708
337800:41:21,080 --> 00:41:23,050
3379and there was some very ugly,
3380small fish you didn't expect.
3381
3382709
338300:41:23,070 --> 00:41:25,010
3384BASTIAN: Whenever I
3385went into the data,
3386
3387710
338800:41:25,030 --> 00:41:26,080
3389I found something new.
3390
3391711
339200:41:26,100 --> 00:41:29,010
3393I found scandals
3394in Africa, in Latin America.
3395
3396712
339700:41:32,150 --> 00:41:34,010
3398SPORTS ANNOUNCER: Messi now,
3399everyone on the edge of their
3400
3401713
340200:41:34,030 --> 00:41:36,080
3403seats, Messi going for goal!
3404
3405714
340600:41:36,100 --> 00:41:37,090
3407Oh!
3408
3409715
341000:41:39,060 --> 00:41:40,130
3411SPORTS ANNOUNCER:
3412He's a man on a mission!
3413
3414716
341500:41:40,150 --> 00:41:42,210
3416MAN 2: Lionel Messi, his
3417family fortune,
3418
3419717
342000:41:43,000 --> 00:41:46,140
3421is in the Panama Papers,
3422and is now in the courts.
3423
3424718
342500:41:46,160 --> 00:41:49,020
3426No one in their right mind in
3427Latin America thought that FIFA
3428
3429719
343000:41:49,040 --> 00:41:50,150
3431wasn't corrupt.
3432
3433720
343400:41:52,150 --> 00:41:54,100
3435It was not a surprise to
3436find the FIFA officials.
3437
3438721
343900:41:54,120 --> 00:41:58,050
3440That was kind of one of, people
3441thought was gonna be in there.
3442
3443722
344400:41:58,070 --> 00:42:00,100
3445Kids are under
3446contract, 13 or 14,
3447
3448723
344900:42:00,120 --> 00:42:03,230
3450whether or not they ever become
3451a pro has very little to do with
3452
3453724
345400:42:04,010 --> 00:42:06,200
3455their talent level, and more to
3456do with which lawyer is screwing
3457
3458725
345900:42:06,220 --> 00:42:08,110
3460what agent in a business deal.
3461
3462726
346300:42:08,130 --> 00:42:11,110
3464In Lionel Messi, there's no
3465evidence that he himself had any
3466
3467727
346800:42:11,130 --> 00:42:14,100
3469hand in any of this, but the
3470people who handle him and the
3471
3472728
347300:42:14,120 --> 00:42:16,070
3474whole contracts and
3475everything, they did.
3476
3477729
347800:42:19,040 --> 00:42:22,090
3479GIANNI: And we will restore the
3480image of FIFA and the respect of
3481
3482730
348300:42:22,110 --> 00:42:25,110
3484FIFA, and everyone in the world
3485will applaud us and will applaud
3486
3487731
348800:42:25,130 --> 00:42:30,080
3489all of you for what we'll
3490do in FIFA in the future.
3491
3492732
349300:42:37,120 --> 00:42:40,070
3494LUKE: We found Sergey
3495Roldugin, Putin's best friend,
3496
3497733
349800:42:40,090 --> 00:42:43,080
3499ostensibly, second-hand
3500car, not very wealthy,
3501
3502734
350300:42:43,100 --> 00:42:45,150
3504but we found almost
3505a billion dollars.
3506
3507735
350800:42:45,170 --> 00:42:48,160
3509It came from Bank Rossiya, which
3510is a kind of crony bank from the
3511
3512736
351300:42:48,180 --> 00:42:53,060
3514regime in Saint Petersburg,
3515right through to secret offshore
3516
3517737
351800:42:53,080 --> 00:42:56,060
3519companies, and then a lot of
3520that cash was recycled back into
3521
3522738
352300:42:56,080 --> 00:42:59,230
3524Russia, including, um, into
3525the wedding resort where Putin's
3526
3527739
352800:43:00,010 --> 00:43:02,100
3529daughter, Caterina,
3530got married in 2013.
3531
3532740
353300:43:02,120 --> 00:43:05,060
3534And so from
3535Russia, what we saw was,
3536
3537741
353800:43:05,080 --> 00:43:07,110
3539in a way, what you might call
3540a kind of neo-feudal system.
3541
3542742
354300:43:07,130 --> 00:43:11,030
3544You could see how not
3545just Putin's KGB chums were
3546
3547743
354800:43:11,050 --> 00:43:14,120
3549billionaires, but how the next
3550generation were accumulating
3551
3552744
355300:43:14,140 --> 00:43:18,040
3554assets, marrying each other,
3555dodging American sanctions and
3556
3557745
355800:43:18,060 --> 00:43:19,120
3559so on.
3560
3561746
356200:43:19,140 --> 00:43:21,080
3563BASTIAN: I mean, if
3564you're Vladimir Putin,
3565
3566747
356700:43:21,100 --> 00:43:23,070
3568you don't go to
3569Mossack Fonseca and say,
3570
3571748
357200:43:23,090 --> 00:43:24,160
3573"I want a company in my name."
3574
3575749
357600:43:24,180 --> 00:43:27,030
3577But you'd probably send
3578someone that you trust.
3579
3580750
358100:43:27,050 --> 00:43:29,120
3582And this is exactly
3583how this world works.
3584
3585751
358600:43:29,140 --> 00:43:36,040
3587TIM: When you can set up
3588corporations in such a complex
3589
3590752
359100:43:36,060 --> 00:43:39,000
3592way and changing ownership.
3593
3594753
359500:43:39,020 --> 00:43:41,110
3596One woman I looked
3597into was Leticia Montoya,
3598
3599754
360000:43:41,130 --> 00:43:45,170
3601a director in
360210,969 corporations.
3603
3604755
360500:43:49,150 --> 00:43:52,040
3606Think about that.
3607
3608756
360900:43:52,060 --> 00:43:55,060
3610I mean, she doesn't, has no
3611idea whatsoever what those
3612
3613757
361400:43:55,080 --> 00:43:56,050
3615corporations do.
3616
3617758
361800:44:07,010 --> 00:44:08,050
3619RITA: It's just a job,
3620and she's a secretary.
3621
3622759
362300:44:08,070 --> 00:44:12,090
3624She, I mean, those who went to
3625her house could have seen that
3626
3627760
362800:44:12,110 --> 00:44:16,010
3629she has no money, she lives
3630in a fisherman community,
3631
3632761
363300:44:16,030 --> 00:44:17,130
3634not in the city.
3635
3636762
363700:44:17,150 --> 00:44:20,130
3638I mean, it's not like she
3639made any money on this.
3640
3641763
364200:44:23,150 --> 00:44:27,140
3643JACK: This has gone on country
3644after country after country.
3645
3646764
364700:44:27,160 --> 00:44:32,020
3648The amounts that are being
3649pulled out are really at the
3650
3651765
365200:44:32,040 --> 00:44:37,050
3653expense of average people who
3654simply can't get services from
3655
3656766
365700:44:37,070 --> 00:44:40,050
3658their government because
3659the money's been flat stolen.
3660
3661767
366200:44:45,050 --> 00:44:48,180
3663JACK: I spoke at a conference
3664to the Inter-American Bar
3665
3666768
366700:44:48,200 --> 00:44:52,030
3668Association in
3669Cochabamba, Bolivia,
3670
3671769
367200:44:52,050 --> 00:44:57,110
3673and I tried to say, lawyers
3674job is to keep people honest,
3675
3676770
367700:44:57,130 --> 00:45:01,140
3678and you shouldn't be helping
3679them evade the law or break
3680
3681771
368200:45:01,160 --> 00:45:02,230
3683the law.
3684
3685772
368600:45:03,010 --> 00:45:05,220
3687My audience began
3688to laugh at me.
3689
3690773
369100:45:06,000 --> 00:45:08,020
3692I blew up.
3693
3694774
369500:45:08,040 --> 00:45:11,010
3696Why do you think you
3697don't have clean water?
3698
3699775
370000:45:11,030 --> 00:45:13,070
3701Why do you think
3702people are so poor?
3703
3704776
370500:45:13,090 --> 00:45:17,140
3706It's because you, as a
3707group of professionals,
3708
3709777
371000:45:17,160 --> 00:45:22,040
3711are teaching people how not to
3712be participants in your society.
3713
3714778
371500:45:24,040 --> 00:45:26,160
3716SCOTT: The
3717fundamental question I ask is,
3718
3719779
372000:45:26,180 --> 00:45:28,230
3721well, who makes money off this?
3722
3723780
372400:45:29,010 --> 00:45:31,050
3725Who makes money
3726off this industry?
3727
3728781
372900:45:31,070 --> 00:45:34,040
3730And obviously, Mossack
3731Fonseca made a lot of money,
3732
3733782
373400:45:34,060 --> 00:45:36,150
3735and obviously their
3736clients who avoid taxes,
3737
3738783
373900:45:36,170 --> 00:45:40,000
3740they make a lot of money, but
3741banks also make a lot of money,
3742
3743784
374400:45:40,020 --> 00:45:42,140
3745financial
3746institutions, Wall Street.
3747
3748785
374900:45:42,160 --> 00:45:46,060
3750You can't have a major
3751business if you don't have banks
3752
3753786
375400:45:46,080 --> 00:45:48,060
3755complicit with your business.
3756
3757787
375800:45:48,080 --> 00:45:52,040
3759TIM: The banks are certainly a
3760key cog in this whole mechanism
3761
3762788
376300:45:52,060 --> 00:45:55,110
3764set up to create distance
3765between the real owners of the
3766
3767789
376800:45:55,130 --> 00:45:58,040
3769money and-and-and the
3770corporations that nominally,
3771
3772790
377300:45:58,060 --> 00:46:02,080
3774have control over it,
3775but banks donate a lot to
3776
3777791
377800:46:02,100 --> 00:46:06,140
3779politicians, and uh,
3780you know,
3781
3782792
378300:46:06,160 --> 00:46:08,040
3784there you go.
3785
3786793
378700:46:08,060 --> 00:46:11,200
3788WOMAN 4: The banks and the
3789accounting firms and the law
3790
3791794
379200:46:11,220 --> 00:46:15,150
3793firms, they are basically
3794spending all of their resources
3795
3796795
379700:46:15,170 --> 00:46:21,040
3798in trying to damage national
3799treasuries in creating an
3800
3801796
380200:46:21,060 --> 00:46:26,040
3803illusion of-of an economic
3804system that works only for the
3805
3806797
380700:46:26,060 --> 00:46:31,160
38081%, and they are working to
3809deepen that gap between the 1%
3810
3811798
381200:46:31,180 --> 00:46:34,040
3813and the rest of the world.
3814
3815799
381600:46:53,190 --> 00:46:55,050
3817WOMAN 4: We found David
3818Cameron's dad in the data with
3819
3820800
382100:46:55,070 --> 00:46:57,120
3822his offshore fund.
3823
3824801
382500:46:59,060 --> 00:47:00,010
3826DAVID: I'm
3827very relaxed about,
3828
3829802
383000:47:00,030 --> 00:47:01,040
3831publishing these things.
3832
3833803
383400:47:01,060 --> 00:47:04,120
3835There's no secrets
3836about my status.
3837
3838804
383900:47:04,140 --> 00:47:08,040
3840I am paid handsomely
3841as your Prime Minister,
3842
3843805
384400:47:08,060 --> 00:47:10,050
3845and that is my
3846main source of income,
3847
3848806
384900:47:10,070 --> 00:47:13,150
3850and I have a house I used to
3851live in before I moved into
3852
3853807
385400:47:13,170 --> 00:47:16,000
3855Downing Street, and I rent that
3856out and I get the income
3857
3858808
385900:47:16,020 --> 00:47:17,030
3860from that.
3861
3862809
386300:47:17,050 --> 00:47:18,070
3864I don't have other
3865sources of income,
3866
3867810
386800:47:18,090 --> 00:47:19,210
3869so there will be
3870no surprises,
3871
3872811
387300:47:19,230 --> 00:47:22,060
3874in terms of my tax
3875affairs, but I'm very relaxed,
3876
3877812
387800:47:22,080 --> 00:47:23,010
3879as I've always said.
3880
3881813
388200:47:23,030 --> 00:47:24,160
3883Nothing's changed.
3884
3885814
388600:47:25,140 --> 00:47:26,020
3887JULIETTE: It wasn't even a
3888surprise that his dad had had
3889
3890815
389100:47:26,040 --> 00:47:27,030
3892a fund.
3893
3894816
389500:47:27,050 --> 00:47:29,060
3896It's just that he
3897wouldn't say he had money in it.
3898
3899817
390000:47:29,080 --> 00:47:31,200
3901In order to not have
3902the fund taxed in the UK,
3903
3904818
390500:47:31,220 --> 00:47:33,190
3906you had to have majority of
3907foreign directors on the company
3908
3909819
391000:47:33,210 --> 00:47:35,210
3911board, so the third
3912was Swiss, a third were,
3913
3914820
391500:47:35,230 --> 00:47:37,230
3916were in the Bahamas, and-and
3917everything was run out of the
3918
3919821
392000:47:38,010 --> 00:47:40,130
3921Bahamas, so they had this army
3922of people just assign things
3923
3924822
392500:47:40,150 --> 00:47:42,150
3926there, so they
3927were pretending to,
3928
3929823
393000:47:42,170 --> 00:47:45,230
3931devise the investment
3932strategy and trade gold and
3933
3934824
393500:47:46,010 --> 00:47:48,130
3936bonds and things like that, but
3937all the instructions were coming
3938
3939825
394000:47:48,150 --> 00:47:50,130
3941by telephone from London.
3942
3943826
394400:47:54,110 --> 00:47:55,160
3945MAN 2: One of the thing is we
3946found is not only did Mossack
3947
3948827
394900:47:55,180 --> 00:47:59,100
3950Fonseca have a number of Chinese
3951companies that it registered in
3952
3953828
395400:47:59,120 --> 00:48:01,190
3955Nevada as shell
3956companies, some of those,
3957
3958829
395900:48:01,210 --> 00:48:03,190
3960perhaps, to do business
3961in the United States,
3962
3963830
396400:48:03,210 --> 00:48:08,090
3965but more likely than not, to
3966hide assets somewhere else.
3967
3968831
396900:48:09,000 --> 00:48:11,110
3970MAN 3: Brazil was one of
3971the, the hottest things,
3972
3973832
397400:48:11,130 --> 00:48:13,120
3975and having been a
3976correspondent there myself,
3977
3978833
397900:48:13,140 --> 00:48:15,150
3980I was very interested in
3981working with the Brazilian team.
3982
3983834
398400:48:15,170 --> 00:48:19,080
3985TIM: We found
3986payoffs to politicians.
3987
3988835
398900:48:19,100 --> 00:48:22,140
3990More than $700 million
3991in bribes had been paid.
3992
3993836
399400:48:22,160 --> 00:48:25,160
3995MAN 4: Two-thirds of the
3996country's legislature had been
3997
3998837
399900:48:25,180 --> 00:48:27,070
4000tied to off-shore companies.
4001
4002838
400300:48:27,090 --> 00:48:30,220
4004Many of the politicians were
4005using shell companies through
4006
4007839
400800:48:31,000 --> 00:48:34,030
4009Mossack Fonseca in Nevada to
4010hide assets they owned back in,
4011
4012840
401300:48:34,050 --> 00:48:36,090
4014in Brazil.
4015
4016841
401700:48:36,200 --> 00:48:38,140
4018Nobody pays a
4019bribe and says, hey,
4020
4021842
402200:48:38,160 --> 00:48:39,190
4023here's a bribe.
4024
4025843
402600:48:39,210 --> 00:48:42,130
4027They do it through
4028consulting fees,
4029
4030844
403100:48:42,150 --> 00:48:44,150
4032they do it through
4033structured investments,
4034
4035845
403600:48:44,170 --> 00:48:45,170
4037and they do it through shell
4038companies that pay other
4039
4040846
404100:48:45,190 --> 00:48:46,180
4042shell companies.
4043
4044847
404500:48:50,110 --> 00:48:54,050
4046MAN 5: The papers were very
4047clear that this problem is not
4048
4049848
405000:48:54,070 --> 00:48:58,160
4051limited to small
4052countries in Africa.
4053
4054849
405500:48:58,180 --> 00:49:02,080
4056The problem is huge
4057here in the United States.
4058
4059850
406000:49:02,100 --> 00:49:07,080
4061The tax evasion problem is
4062huge here in the United States.
4063
4064851
406500:49:08,030 --> 00:49:09,120
4066KEVIN: There were a lot of
4067Americans in Panama Papers,
4068
4069852
407000:49:09,140 --> 00:49:11,190
4071so here's this
4072perception that there weren't.
4073
4074853
407500:49:11,210 --> 00:49:15,080
4076I think what was missing
4077was a Putin-type big name,
4078
4079854
408000:49:15,100 --> 00:49:18,200
4081but the very kind of people
4082you'd expect to be in the Panama
4083
4084855
408500:49:18,220 --> 00:49:20,110
4086Papers were in there.
4087
4088856
408900:49:20,130 --> 00:49:23,080
4090all kinds of SEC
4091fraud, pump and dump,
4092
4093857
409400:49:23,100 --> 00:49:25,160
4095penny stocks, and a
4096lot of hedge funds.
4097
4098858
409900:49:25,180 --> 00:49:29,130
4100Those kinda guys who need that
4101anonymity to make that work.
4102
4103859
410400:49:29,150 --> 00:49:32,110
4105Those guys are in here in
4106some significant numbers,
4107
4108860
410900:49:32,130 --> 00:49:34,100
4110and unfortunately,
4111that's gotten easier,
4112
4113861
411400:49:34,120 --> 00:49:36,200
4115not harder in the
4116aftermath of Trump's election.
4117
4118862
411900:49:36,220 --> 00:49:43,090
4120DONALD: I am officially running
4121for President of the United
4122
4123863
412400:49:43,110 --> 00:49:49,110
4125States, and we are going to
4126make our country great again.
4127
4128864
412900:49:51,010 --> 00:49:54,020
4130BASTIAN: Having Donald Trump
4131as the President of the United
4132
4133865
413400:49:54,040 --> 00:50:00,080
4135States let me feel a little bit
4136strange knowing that he also had
4137
4138866
413900:50:00,100 --> 00:50:02,120
4140some offshore deals in his past.
4141
4142867
414300:50:02,140 --> 00:50:05,180
4144HILLARY: He didn't pay
4145any federal income tax, so--
4146
4147868
414800:50:05,200 --> 00:50:07,110
4149DONALD TRUMP:
4150That makes me smart.
4151
4152869
415300:50:07,130 --> 00:50:09,010
4154HILLARY CLINTON: --if he's paid
4155zero, that's zero for troops--
4156
4157870
415800:50:09,030 --> 00:50:10,060
4159MAN 3: Trump is obviously
4160one we were focused on from
4161
4162871
416300:50:10,080 --> 00:50:11,220
4164the very beginning.
4165
4166872
416700:50:12,000 --> 00:50:14,230
4168He appeared about
41693,450 times that we know of.
4170
4171873
417200:50:15,010 --> 00:50:17,060
4173That's not to say his partners.
4174
4175874
417600:50:17,080 --> 00:50:18,200
4177That's just him by name.
4178
4179875
418000:50:19,220 --> 00:50:21,230
4181The big find was a lot of
4182documents around the
4183
4184876
418500:50:22,010 --> 00:50:24,130
4186Panama Hotel project.
4187
4188877
418900:50:24,150 --> 00:50:26,180
4190NEWS REPORTER 17: Trump Ocean
4191Club soars over the Pacific and
4192
4193878
419400:50:26,200 --> 00:50:28,140
4195Panama City.
4196
4197879
419800:50:28,160 --> 00:50:31,170
4199It's also where criminals,
4200everywhere from Russian
4201
4202880
420300:50:31,190 --> 00:50:35,090
4204gangsters to money launderers
4205for Latin American drug cartels
4206
4207881
420800:50:35,110 --> 00:50:38,020
4209were able to hide their cash.
4210
4211882
421200:50:38,040 --> 00:50:40,180
4213MAN 3: There we found contract
4214information between him and the
4215
4216883
421700:50:40,200 --> 00:50:42,110
4218developer, Newland.
4219
4220884
422100:50:42,130 --> 00:50:44,150
4222One of the things I think that
4223was very helpful in the Panama
4224
4225885
422600:50:44,170 --> 00:50:47,150
4227Papers is it actually
4228showed Trump's business model.
4229
4230886
423100:50:47,170 --> 00:50:49,110
4232It was a contract that
4233showed how he got paid,
4234
4235887
423600:50:49,130 --> 00:50:50,230
4237how his name was leased.
4238
4239888
424000:50:51,010 --> 00:50:53,110
4241This really wasn't
4242known, and the documents,
4243
4244889
424500:50:53,130 --> 00:50:55,150
4246here we had
4247physical proof of how,
4248
4249890
425000:50:55,170 --> 00:50:57,150
4251you know, how he
4252arranges things.
4253
4254891
425500:50:57,170 --> 00:50:59,180
4256REPORTER 18: As a
4257former money launderer,
4258
4259892
426000:50:59,200 --> 00:51:03,190
4261the Trump Ocean Club, how would
4262you rate it in its quality.
4263
4264893
426500:51:03,210 --> 00:51:04,190
4266MAN 4: For money laundering?
4267
4268894
426900:51:04,210 --> 00:51:08,180
4270MAN 4: Oh, I'd say triple A.
4271
4272895
427300:51:18,050 --> 00:51:20,140
4274JACK: You get
4275control of the country,
4276
4277896
427800:51:20,160 --> 00:51:24,160
4279you move your family into all
4280of the important jobs in the
4281
4282897
428300:51:24,180 --> 00:51:28,160
4284country, and then you use
4285that as an opportunity to
4286
4287898
428800:51:28,180 --> 00:51:30,080
4289enrich yourself.
4290
4291899
429200:51:30,100 --> 00:51:31,200
4293NEWS REPORTER 18: The man
4294they credit with Donald Trump's
4295
4296900
429700:51:31,220 --> 00:51:33,160
4298victory, the President
4299Elect's own son-in-law,
4300
4301901
430200:51:33,180 --> 00:51:34,200
4303Jared Kushner.
4304
4305902
430600:51:34,220 --> 00:51:38,060
4307JACK: What's now
4308going on is exactly that,
4309
4310903
431100:51:38,080 --> 00:51:41,230
4312and what I think is also going
4313on is that our president has
4314
4315904
431600:51:42,010 --> 00:51:46,150
4317cozied up to any number of these
4318kleptocrats because he wants
4319
4320905
432100:51:46,170 --> 00:51:49,230
4322Americans to think
4323it's the new normal.
4324
4325906
432600:51:52,220 --> 00:51:54,150
4327NEWS REPORTER 19: The central
4328figure in the investigations
4329
4330907
433100:51:54,170 --> 00:51:56,230
4332into Donald
4333Trump's inner circle,
4334
4335908
433600:51:57,010 --> 00:51:57,160
4337and possible ties to Russia.
4338
4339909
434000:51:57,180 --> 00:51:59,160
4341ADAM SCHIFF: It was Manafort...
4342
4343910
434400:51:59,180 --> 00:52:00,050
4345HIMES: Paul Manafort...
4346
4347911
434800:52:00,070 --> 00:52:02,000
4349CARSON: Paul Manafort...
4350
4351912
435200:52:02,020 --> 00:52:03,150
4353NEWS REPORTER 19: Long before he
4354was president Trump's campaign
4355
4356913
435700:52:03,170 --> 00:52:06,160
4358chairman, Paul Manafort was
4359paid millions by a Russian
4360
4361914
436200:52:06,180 --> 00:52:09,170
4363billionaire with close
4364ties to Vladimir Putin.
4365
4366915
436700:52:09,190 --> 00:52:13,130
4368MAN 3: That is the closest we've
4369been able to get to Manafort.
4370
4371916
437200:52:13,150 --> 00:52:17,130
4373Manafort seems to have been paid
4374through companies in Belize.
4375
4376917
437700:52:17,150 --> 00:52:21,220
4378I've spent a lot of time looking
4379at these shell companies.
4380
4381918
438200:52:22,110 --> 00:52:25,170
4383MAN 6: Donald Trump's
4384friends, people of his cabinet,
4385
4386919
438700:52:25,190 --> 00:52:30,120
4388advisors, have been active
4389in the offshore business.
4390
4391920
439200:52:31,070 --> 00:52:33,130
4393RON: Mister Mnuchin, you ran
4394a hedge fund for a few years
4395
4396921
439700:52:33,150 --> 00:52:39,200
4398starting in 2004, and I've been
4399trying to get my arms around the
4400
4401922
440200:52:39,220 --> 00:52:42,230
4403Mnuchin web of bank
4404accounts and shell companies.
4405
4406923
440700:52:43,010 --> 00:52:45,070
4408They were in Cayman
4409Islands and Anguilla.
4410
4411924
441200:52:45,090 --> 00:52:48,020
4413How many employees did
4414you have in Anguilla?
4415
4416925
441700:52:48,160 --> 00:52:49,130
4418STEVEN: Treasury
4419Secretary Nominee
4420
4421926
442200:52:49,150 --> 00:52:53,180
4423we didn't have any
4424employees in Anguilla.
4425
4426927
442700:52:53,200 --> 00:52:54,190
4428RON: How many
4429customers did you have there?
4430
4431928
443200:52:54,210 --> 00:52:55,220
4433STEVEN: We didn't have
4434any customers that resided
4435
4436929
443700:52:56,000 --> 00:52:56,160
4438in Anguilla.
4439
4440930
444100:52:56,180 --> 00:52:59,020
4442RON: Did you have
4443an office there?
4444
4445931
444600:52:59,040 --> 00:53:02,020
4447STEVEN: We did not have
4448a office ourselves there.
4449
4450932
445100:53:02,040 --> 00:53:04,180
4452RON: So you just had
4453a post office box?
4454
4455933
445600:53:04,200 --> 00:53:07,020
4457STEVEN: Senator, let
4458me explain to you, okay?
4459
4460934
446100:53:07,040 --> 00:53:08,050
4462RON: It's just a
4463yes or no answer.
4464
4465935
446600:53:08,070 --> 00:53:09,110
4467I'm already over my time.
4468
4469936
447000:53:09,130 --> 00:53:10,040
4471Yes or no?
4472
4473937
447400:53:10,060 --> 00:53:11,100
4475Did you just have a post office?
4476other senators will defer some
4477
4478938
447900:53:13,160 --> 00:53:15,180
4480time so I can, I can
4481answer this for you,
4482
4483939
448400:53:15,200 --> 00:53:17,190
4485because I think it's
4486an important issue,
4487
4488940
448900:53:17,210 --> 00:53:18,120
4490but no, we had--
4491
4492941
449300:53:18,140 --> 00:53:20,140
4494RON: Mister Chairman, this is...
4495
4496942
449700:53:20,160 --> 00:53:23,140
4498SENATOR 1: I think he should go
4499ahead and answer it right now.
4500
4501943
450200:53:23,160 --> 00:53:24,070
4503SENATOR 2: He should get a
4504chance to answer the question.
4505
4506944
450700:53:24,090 --> 00:53:25,120
4508SENATOR 1: Yeah.
4509
4510945
451100:53:25,140 --> 00:53:26,180
4512RON: I'm very troubled about
4513this question of how you're
4514
4515946
451600:53:26,200 --> 00:53:32,070
4517gonna unrig the system if you've
4518got a record of taking advantage
4519
4520947
452100:53:32,090 --> 00:53:35,110
4522of tax shelters that, in effect,
4523have zero percent tax rate.
4524
4525948
452600:53:35,130 --> 00:53:37,020
4527Thank you, Mister Chairman.
4528
4529949
453000:53:37,040 --> 00:53:41,150
4531The taxes you pay
4532are compulsory.
4533
4534950
453500:53:42,050 --> 00:53:44,030
4536They come out of your paycheck,
4537you can see it once or twice
4538
4539951
454000:53:44,050 --> 00:53:46,150
4541a month.
4542
4543952
454400:53:46,170 --> 00:53:50,060
4545There're no Cayman
4546Island deals for you,
4547
4548953
454900:53:50,080 --> 00:53:53,220
4550not, none of those kinda
4551sweetheart overseas deals for
4552
4553954
455400:53:54,000 --> 00:53:58,100
4555you the way Steve Mnuchin,
4556the Treasury Secretary, got.
4557
4558955
455900:53:58,120 --> 00:54:02,130
4560Then there's another set of tax
4561rules for the fortunate and the
4562
4563956
456400:54:02,150 --> 00:54:05,020
4565well-connected.
4566
4567957
456800:54:05,040 --> 00:54:07,150
4569They can pretty much decide
4570under the tax law what they're
4571
4572958
457300:54:07,170 --> 00:54:09,120
4574going to pay, when
4575they're going to pay it,
4576
4577959
457800:54:12,010 --> 00:54:15,140
4579and in some
4580instances, almost nothing.
4581
4582960
458300:54:19,070 --> 00:54:22,040
4584MAN 6: The problem today
4585is really that the U.S.
4586
4587961
458800:54:22,060 --> 00:54:25,120
4589is the best place
4590to put your assets.
4591
4592962
459300:54:28,020 --> 00:54:29,060
4594MAN 6: Over the
4595last couple of decades,
4596
4597963
459800:54:29,080 --> 00:54:31,200
4599we've seen increasingly that
4600shell companies registered in
4601
4602964
460300:54:31,220 --> 00:54:35,160
4604the U.S. are used to
4605commit all sorts of crimes
4606
4607965
460800:54:35,180 --> 00:54:36,230
4609from human trafficking
4610to drug trafficking
4611
4612966
461300:54:37,010 --> 00:54:37,120
4614to arms dealing.
4615
4616967
461700:54:37,140 --> 00:54:39,160
4618The list goes on and on.
4619
4620968
462100:54:42,210 --> 00:54:45,100
4622BASTIAN: Looking to
4623Delaware, looking to Nevada,
4624
4625969
462600:54:45,120 --> 00:54:47,110
4627that's a, for example, a
4628jurisdiction Mossack Fonseca was
4629
4630970
463100:54:47,130 --> 00:54:49,000
4632very active.
4633
4634971
463500:54:49,020 --> 00:54:51,010
4636KEVIN: We found a lot of
4637Brazilians hiding property owned
4638
4639972
464000:54:51,030 --> 00:54:53,040
4641in Brazil through
4642Nevada offshore,
4643
4644973
464500:54:53,060 --> 00:54:57,170
4646so Nevada was being used by
4647Brazilians in a way that Cayman
4648
4649974
465000:54:57,190 --> 00:54:58,210
4651Islands, Bahamas might be used
4652by an American trying to hide
4653
4654975
465500:54:58,230 --> 00:55:00,200
4656ownership of an asset.
4657
4658976
465900:55:05,070 --> 00:55:07,220
4660DINA: Well, Nevada has always
4661had this approach to raising
4662
4663977
466400:55:08,000 --> 00:55:10,010
4665revenue that we wanna
4666attack somebody else,
4667
4668978
466900:55:10,030 --> 00:55:11,080
4670not the people who live here.
4671
4672979
467300:55:11,100 --> 00:55:15,230
4674Though, back in the '90s, they
4675decided to become the Delaware
4676
4677980
467800:55:16,010 --> 00:55:19,080
4679of the west and tried to follow
4680that example and make it very
4681
4682981
468300:55:19,100 --> 00:55:24,020
4684easy for shell companies,
4685LLCs, to be set up there without
4686
4687982
468800:55:24,040 --> 00:55:27,180
4689having any kind of information
4690available about who owned them
4691
4692983
469300:55:27,200 --> 00:55:30,010
4694or who benefited from them.
4695
4696984
469700:55:30,030 --> 00:55:32,050
4698I said, at the
4699time, that it was,
4700
4701985
470200:55:32,070 --> 00:55:34,170
4703might as well hang
4704up a shingle and say,
4705
4706986
470700:55:34,190 --> 00:55:37,060
4708"Welcome scumbags and sleaze
4709balls" because those are the
4710
4711987
471200:55:37,080 --> 00:55:40,150
4713kind of people who want to
4714keep their information secret,
4715
4716988
471700:55:40,170 --> 00:55:42,170
4718but it became a
4719source of revenue,
4720
4721989
472200:55:42,190 --> 00:55:44,050
4723so you didn't
4724have to raise taxes.
4725
4726990
472700:55:48,090 --> 00:55:51,190
4728DINA: Well, I'm afraid they're
4729rolling back the protections
4730
4731991
473200:55:51,210 --> 00:55:53,020
4733that were put in at Dodd-Frank
4734and a lot of that was about
4735
4736992
473700:55:53,040 --> 00:55:55,210
4738accountability and transparency.
4739
4740993
474100:55:55,230 --> 00:55:58,190
4742Banks fought that, so they're
4743certainly not gonna want to open
4744
4745994
474600:55:58,210 --> 00:56:00,180
4747it up any further.
4748
4749995
475000:56:02,080 --> 00:56:06,220
4751MAN 5: You can find tax
4752havens all around the world.
4753
4754996
475500:56:07,000 --> 00:56:09,100
4756They are in the
4757U.S., they are in the UK.
4758
4759997
476000:56:09,120 --> 00:56:11,220
4761GERARD: Now having done
4762six of these projects,
4763
4764998
476500:56:12,000 --> 00:56:14,020
4766I would say with some
4767certainty that the,
4768
4769999
477000:56:14,040 --> 00:56:16,220
4771probably the biggest tax haven
4772in the world is-is Britain,
4773
47741000
477500:56:17,000 --> 00:56:20,140
4776and its, you know,
4777its former colonies.
4778
47791001
478000:56:21,050 --> 00:56:21,150
4781JULIETTE: We're
4782open for business.
4783
47841002
478500:56:21,170 --> 00:56:22,210
4786We like oligarchs.
4787
47881003
478900:56:22,230 --> 00:56:26,030
4790I don't want to exaggerate
4791and say we're just a tax haven,
4792
47931004
479400:56:26,050 --> 00:56:30,200
4795but you know, the-the state
4796is-is captured by finance.
4797
47981005
479900:56:32,010 --> 00:56:33,050
4800GERARD: Close
4801behind it is America,
4802
48031006
480400:56:33,070 --> 00:56:35,200
4805and I think in the future, it
4806would be great if someone gave
4807
48081007
480900:56:35,220 --> 00:56:37,230
4810us, you know, Delaware leaks.
4811
48121008
481300:56:38,010 --> 00:56:41,100
4814We would uncover, you know,
4815secrets that may be bigger than
4816
48171009
481800:56:41,120 --> 00:56:43,070
4819anything we've ever done before.
4820
48211010
482200:56:44,150 --> 00:56:46,200
4823JOHN: I call on the
4824European Commission,
4825
48261011
482700:56:46,220 --> 00:56:50,030
4828the British Parliament,
4829the United States Congress,
4830
48311012
483200:56:50,050 --> 00:56:53,030
4833and all nations to
4834take swift action,
4835
48361013
483700:56:53,050 --> 00:56:55,040
4838not only to
4839protect whistleblowers,
4840
48411014
484200:56:55,060 --> 00:56:58,060
4843but to put an end to the global
4844abuse of corporate registers.
4845
48461015
484700:56:59,210 --> 00:57:03,000
4848Tax evasion cannot possibly be
4849fixed while elected officials
4850
48511016
485200:57:03,020 --> 00:57:06,090
4853are pleading for money from
4854the very elites who have the
4855
48561017
485700:57:06,110 --> 00:57:09,040
4858strongest incentives to avoid
4859taxes relative to any other
4860
48611018
486200:57:09,060 --> 00:57:10,210
4863segment of the population.
4864
48651019
486600:57:30,110 --> 00:57:34,000
4867FREDERIK: I was actually
4868concerned every day about the
4869
48701020
487100:57:34,020 --> 00:57:38,190
4872security of this whole project
4873because let's face the facts.
4874
48751021
487600:57:38,210 --> 00:57:42,080
4877Journalists like to
4878speak about their work.
4879
48801022
488100:57:42,100 --> 00:57:44,100
4882GERARD: You know, every
4883journalist you bring in,
4884
48851023
488600:57:44,120 --> 00:57:46,230
4887they're probably going to
4888tell their life partner,
4889
48901024
489100:57:47,010 --> 00:57:48,230
4892they're probably going to
4893tell their best friends,
4894
48951025
489600:57:49,010 --> 00:57:51,000
4897so the risks were going up
4898exponentially every time you
4899
49001026
490100:57:51,020 --> 00:57:52,170
4902brought somebody in.
4903
49041027
490500:57:52,190 --> 00:57:56,020
4906MATTHEW: We were so focused on
4907the digital part that I think
4908
49091028
491000:57:56,040 --> 00:57:59,010
4911you forget that a lot of
4912journalists are going to need to
4913
49141029
491500:57:59,030 --> 00:58:02,010
4916have interviews
4917with sources,
4918
49191030
492000:58:02,030 --> 00:58:05,100
4921they're going to have these
4922interviews in bars or in cafes
4923
49241031
492500:58:05,120 --> 00:58:09,130
4926or in public places, and they're
4927not going to be conscious of the
4928
49291032
493000:58:09,150 --> 00:58:12,010
4931fact that other people might be
4932following them or listening to
4933
49341033
493500:58:12,030 --> 00:58:13,130
4936their conversation.
4937
49381034
493900:58:14,230 --> 00:58:16,050
4940LUKE: It's funny, really,
4941because to, generally,
4942
49431035
494400:58:16,070 --> 00:58:18,210
4945toextract secrets
4946from a journalist,
4947
49481036
494900:58:18,230 --> 00:58:21,090
4950you just need to
4951take the journalist to the bar,
4952
49531037
495400:58:21,110 --> 00:58:23,220
4955buy the journalist a
4956beer or maybe two beers,
4957
49581038
495900:58:24,010 --> 00:58:26,130
4960if they're, if
4961they're being kind of tricky,
4962
49631039
496400:58:26,150 --> 00:58:28,140
4965and they will
4966tell you everything.
4967
49681040
496900:58:28,160 --> 00:58:30,100
4970MAN 7: My colleagues say, I
4971haven't seen any stories.
4972
49731041
497400:58:30,120 --> 00:58:31,100
4975What are you doing?
4976
49771042
497800:58:31,120 --> 00:58:32,170
4979I say, it's a project.
4980
49811043
498200:58:32,190 --> 00:58:35,030
4983It's a regional project,
4984actually worldwide,
4985
49861044
498700:58:35,050 --> 00:58:37,050
4988and we're just
4989looking at something.
4990
49911045
499200:58:37,070 --> 00:58:39,030
4993And they say, well,
4994when's it coming out?
4995
49961046
499700:58:39,050 --> 00:58:40,180
4998Well, I couldn't really answer.
4999
50001047
500100:58:43,000 --> 00:58:46,020
5002JÓHANNES: You had this in
5003mind the whole time that one
5004
50051048
500600:58:46,040 --> 00:58:48,150
5007mistake could
5008jeopardize the whole project.
5009
50101049
501100:58:50,150 --> 00:58:52,010
5012RITA: My life,
5013during all those months,
5014
50151050
501600:58:52,030 --> 00:58:54,020
5017was kinda like a spy life.
5018
50191051
502000:58:54,040 --> 00:58:56,060
5021I couldn't tell
5022them what I was doing,
5023
50241052
502500:58:56,080 --> 00:58:58,180
5026and I felt awful
5027because, at the same time,
5028
50291053
503000:58:58,200 --> 00:59:01,020
5031I was investigating my friends.
5032
50331054
503400:59:01,040 --> 00:59:04,130
5035I would go to dinner
5036parties, and during the day,
5037
50381055
503900:59:04,150 --> 00:59:08,070
5040I was just searching documents
5041that somehow mentioned them.
5042
50431056
504400:59:09,090 --> 00:59:11,120
5045EL NORTE: We felt responsible
5046for their safety and that that
5047
50481057
504900:59:11,140 --> 00:59:15,230
5050was also something we
5051repeatedly told our colleagues.
5052
50531058
505400:59:16,010 --> 00:59:18,220
5055Be aware that there is
5056colleagues of us out there
5057
50581059
505900:59:19,000 --> 00:59:20,230
5060risking their life
5061with this reporting,
5062
50631060
506400:59:21,010 --> 00:59:24,000
5065and if you tell too much,
5066you could risk their life.
5067
50681061
506901:00:01,220 --> 01:00:03,120
5070BASTIAN: In the last weeks
5071before our publication date,
5072
50731062
507401:00:03,140 --> 01:00:07,010
5075we had to do everything
5076to protect our source,
5077
50781063
507901:00:07,030 --> 01:00:10,050
5080so we stopped all
5081communications.
5082
50831064
508401:00:10,070 --> 01:00:13,230
5085We destroyed effectively
5086the-the devices that we used to
5087
50881065
508901:00:14,010 --> 01:00:15,080
5090communicate with the source.
5091
50921066
509301:00:15,100 --> 01:00:17,040
5094My iPhone and my computer.
5095
50961067
509701:00:17,060 --> 01:00:21,110
5098We deleted all
5099the files with several programs,
5100
51011068
510201:00:21,130 --> 01:00:25,000
5103so run it over
5104and over and over until it was
5105
51061069
510701:00:25,020 --> 01:00:26,110
5108completely flat.
5109
51101070
511101:00:26,130 --> 01:00:29,060
5112But then, again, we
5113weren't really sure,
5114
51151071
511601:00:29,080 --> 01:00:31,080
5117you know, if you
5118really can trust this,
5119
51201072
512101:00:31,100 --> 01:00:34,160
5122so, I more or less
5123took a hammer and started
5124
51251073
512601:00:34,180 --> 01:00:37,170
5127smashing the things.
5128
51291074
513001:00:37,190 --> 01:00:41,080
5131We didn't want to throw it away
5132because we were so paranoid back
5133
51341075
513501:00:41,100 --> 01:00:44,220
5136then that we thoguh if
5137someone finds it,
5138
51391076
514001:00:45,000 --> 01:00:48,000
5141maybe he can do
5142something with it.
5143
51441077
514501:00:48,180 --> 01:00:51,100
5146MARINA: The most dangerous
5147moment in the investigation,
5148
51491078
515001:00:51,120 --> 01:00:55,050
5151and the most tense moment, when
5152we start reaching out to people
5153
51541079
515501:00:55,070 --> 01:00:57,090
5156for comment.
5157
51581080
515901:00:58,230 --> 01:01:04,010
5160If we have had a year to look at
5161your bank information and your
5162
51631081
516401:01:04,030 --> 01:01:07,120
5165company information, we
5166are not going to surprise you.
5167
51681082
516901:01:07,140 --> 01:01:09,160
5170BASTIAN: You don't
5171approach people and say,
5172
51731083
517401:01:09,180 --> 01:01:12,220
5175listen, the team
5176of Mossack Fonseca,
5177
51781084
517901:01:13,000 --> 01:01:15,110
5180you lost all your data.
5181
51821085
518301:01:17,150 --> 01:01:19,020
5184JULIETTE: The camera
5185crews for the broadcasters
5186
51871086
518801:01:19,040 --> 01:01:21,100
5189involved in the project
5190descended on the offices of
5191
51921087
519301:01:21,120 --> 01:01:25,060
5194Mossack Fonseca in Panama City
5195and demanded to talk to someone,
5196
51971088
519801:01:25,080 --> 01:01:26,050
5199get a statement.
5200
52011089
520201:01:36,190 --> 01:01:38,150
5203BASTIAN: We sent them an email.
5204
52051090
520601:01:38,170 --> 01:01:42,070
5207We saw documents that seemed
5208to indicate that you have many
5209
52101091
521101:01:42,090 --> 01:01:45,100
5212troubles with your due diligence
5213and the way you choose
5214
52151092
521601:01:45,120 --> 01:01:47,080
5217your customers.
5218
52191093
522001:01:50,150 --> 01:01:53,190
5221BASTIAN: Then it follows,
5222um, a long list of questions.
5223
52241094
522501:01:53,210 --> 01:01:56,060
5226Very detailed,
5227very much to the cases.
5228
52291095
523001:01:56,080 --> 01:01:59,120
5231So they said, we're not
5232involved in illegal dealings.
5233
52341096
523501:01:59,140 --> 01:02:03,160
5236We have never contact with
5237the customers directly.
5238
52391097
524001:02:03,180 --> 01:02:08,030
5241We only work with
5242intermediaries, which are lies.
5243
52441098
524501:02:08,050 --> 01:02:11,150
5246Well, I've heard, well now,
5247everything might blow up.
5248
52491099
525001:02:11,170 --> 01:02:14,140
5251Now it will be hundreds of
5252lawyers trying to stop our
5253
52541100
525501:02:14,160 --> 01:02:18,000
5256reporting, hundreds of
5257people all around the world get
5258
52591101
526001:02:18,020 --> 01:02:19,230
5261knowledge about
5262our investigation,
5263
52641102
526501:02:20,010 --> 01:02:22,020
5266and that's people
5267like drug lords,
5268
52691103
527001:02:22,040 --> 01:02:24,220
5271criminals, and of course we
5272feared that something
5273
52741104
527501:02:25,000 --> 01:02:25,230
5276might happen.
5277
52781105
527901:02:32,090 --> 01:02:34,090
5280RITA: It was
5281very stressful for-for all of us
5282
52831106
528401:02:34,110 --> 01:02:38,090
5285because at that point, yeah,
5286we had to call our sources,
5287
52881107
528901:02:38,110 --> 01:02:40,190
5290we had to call the people
5291that we were writing about,
5292
52931108
529401:02:40,210 --> 01:02:46,160
5295and people started to
5296know more and more and more.
5297
52981109
529901:02:46,180 --> 01:02:51,070
5300We started to have a
5301bodyguard because that's when we
5302
53031110
530401:02:51,090 --> 01:02:54,160
5305received a non-direct
5306threat by Mossack Fonseca.
5307
53081111
530901:02:54,180 --> 01:02:56,200
5310So they came and said, you know,
5311we know you have a journalist
5312
53131112
531401:02:56,220 --> 01:02:59,080
5315who's helping the
5316international media,
5317
53181113
531901:02:59,100 --> 01:03:02,190
5320and she, and she's been
5321she's been paid for,
5322
53231114
532401:03:02,210 --> 01:03:06,120
5325and she is trying to
5326diminish the reputation of
5327
53281115
532901:03:06,140 --> 01:03:09,040
5330our firm and the country,
5331and she was gonna have to,
5332
53331116
533401:03:09,060 --> 01:03:12,100
5335you know,
5336suffer the consequences.
5337
53381117
533901:03:12,120 --> 01:03:13,190
5340So the paper
5341immediately said, you know,
5342
53431118
534401:03:13,210 --> 01:03:16,170
5345you can't be around
5346without any protection.
5347
53481119
534901:03:16,190 --> 01:03:18,120
5350My friends were here.
5351
53521120
535301:03:18,140 --> 01:03:21,040
5354We go pick them up at
5355the hotel, and there's,
5356
53571121
535801:03:21,060 --> 01:03:23,050
5359there is a bodyguard
5360there driving the car.
5361
53621122
536301:03:23,070 --> 01:03:25,160
5364So we said, oh,
5365it's just an Uber.
5366
53671123
536801:03:25,180 --> 01:03:28,080
5369But we forgot to hide the gun he
5370had in the middle of the
5371
53721124
537301:03:28,100 --> 01:03:29,210
5374front seat.
5375
53761125
537701:03:29,230 --> 01:03:34,130
5378We had to live a double
5379life and-and that really was
5380
53811126
538201:03:34,150 --> 01:03:38,160
5383something that changed
5384our lives from that moment.
5385
53861127
538701:03:42,060 --> 01:03:44,220
5388FREDERIK: The
5389most frightening moment for me
5390
53911128
539201:03:45,000 --> 01:03:50,090
5393shortly before publication was
5394when I personally had to write
5395
53961129
539701:03:50,110 --> 01:03:55,050
5398an email to the Kremlin
5399basically addressing it to "Dear
5400
54011130
540201:03:55,070 --> 01:03:59,220
5403Mr. Vladimir Putin" and laying
5404out what we found in regards to
5405
54061131
540701:04:00,000 --> 01:04:05,220
5408this net of companies around his
5409friend Sergei Roldugin that was
5410
54111132
541201:04:06,000 --> 01:04:09,180
5413funneling hundreds of millions
5414of dollar out of Russia,
5415
54161133
541701:04:09,200 --> 01:04:14,140
5418and I've never written an
5419email to Vladimir Putin before.
5420
54211134
542201:04:14,160 --> 01:04:17,220
5423Some days later,
5424Vladimir Putin's spokesperson,
5425
54261135
542701:04:18,000 --> 01:04:22,090
5428Mr. Peskov, did a
5429press conference in Moscow.
5430
54311136
543201:04:22,110 --> 01:04:24,190
5433DMITRY PESKOV: The
5434documents show nothing
5435
54361137
543701:04:24,210 --> 01:04:26,100
5438about Mister Putin.
5439
54401138
544101:04:26,120 --> 01:04:31,180
5442Everything that was,
5443interconnected with our
5444
54451139
544601:04:31,200 --> 01:04:34,050
5447president, was
5448written by newspapers.
5449
54501140
545101:04:34,070 --> 01:04:36,150
5452It was written by
5453journalists without having
5454
54551141
545601:04:36,170 --> 01:04:39,070
5457obvious facts for that.
5458
54591142
546001:04:39,090 --> 01:04:41,150
5461FREDERIK: It was
5462clear to me, oh, shit.
5463
54641143
546501:04:41,170 --> 01:04:45,080
5466He's speaking about that
5467email I sent some days ago.
5468
54691144
547001:04:45,100 --> 01:04:47,100
5471DMITRY: And now we're
5472understanding this is nothing
5473
54741145
547501:04:47,120 --> 01:04:50,160
5476else by, but a
5477reflection of,
5478
54791146
548001:04:50,180 --> 01:04:53,170
5481let's say, an
5482overwhelmed
5483
54841147
548501:04:53,190 --> 01:04:57,140
5486Putin-aphobia disease that
5487unfortunately has quite spread
5488
54891148
549001:04:57,160 --> 01:05:02,150
5491now in lots of media.
5492
54931149
549401:05:02,170 --> 01:05:06,130
5495FREDERIK: It was clearly obvious
5496that the Kremlin was pissed off.
5497
54981150
549901:05:08,090 --> 01:05:12,120
5500MARINA: We got a lot of legal
5501threats and there were so many.
5502
55031151
550401:05:12,140 --> 01:05:14,230
5505They were really piling up.
5506
55071152
550801:05:15,010 --> 01:05:18,230
5509Everyone that we contacted
5510recruited the best lawyers to
5511
55121153
551301:05:19,010 --> 01:05:24,000
5514threaten ICIJ, to try to, um,
5515get us to show them documents,
5516
55171154
551801:05:24,020 --> 01:05:28,070
5519to try to get us to
5520not publish the story.
5521
55221155
552301:05:28,180 --> 01:05:31,200
5524SCOTT: Drug trafficking,
5525income inequality, poverty.
5526
55271156
552801:05:31,220 --> 01:05:34,090
5529You look at those
5530problems in the world,
5531
55321157
553301:05:34,110 --> 01:05:38,200
5534and a lot of the keys to
5535addressing those problems are in
5536
55371158
553801:05:38,220 --> 01:05:40,150
5539the Panama Papers.
5540
55411159
554201:05:40,170 --> 01:05:46,120
5543Even though you feel like you,
5544you may wake up one day and-and
5545
55461160
554701:05:46,140 --> 01:05:49,160
5548have somebody in your
5549bedroom pointing a gun at you,
5550
55511161
555201:05:49,180 --> 01:05:52,190
5553you feel like youhave to
5554keep going on this because it's
5555
55561162
555701:05:52,210 --> 01:05:55,190
5558too important.
5559
55601163
556101:05:58,180 --> 01:05:59,200
5562JÓHANNES: So
5563coming from Iceland,
5564
55651164
556601:05:59,220 --> 01:06:03,200
5567I knew that if I would
5568start asking questions about the
5569
55701165
557101:06:03,220 --> 01:06:05,200
5572offshore company of
5573the Prime Minister,
5574
55751166
557601:06:05,220 --> 01:06:11,080
5577early, then all the alarm
5578bells would ring inside the
5579
55801167
558101:06:11,100 --> 01:06:15,050
5582government and inside the
5583institutions here in Iceland.
5584
55851168
558601:06:15,070 --> 01:06:19,100
5587So we had to find
5588a way to get
5589
55901169
559101:06:19,120 --> 01:06:23,200
5592the reactions from the
5593Prime Minister on camera.
5594
55951170
559601:06:23,220 --> 01:06:28,090
5597So we decided after a
5598lengthy talk about the ethical
5599
56001171
560101:06:28,110 --> 01:06:31,210
5602issues, to confront him.
5603
56041172
560501:06:32,190 --> 01:06:33,190
5606JOURNALIST:
5607Mister Prime Minister,
5608
56091173
561001:06:33,210 --> 01:06:38,100
5611what can you tell me about
5612a company called Wintris?
5613
56141174
561501:06:38,120 --> 01:06:44,130
5616PRIME MINISTER GUNNLAUGSSON:
5617Well, it's a company of,
5618
56191175
562001:06:44,150 --> 01:06:48,100
5621if I recall correctly, which
5622is associated with one of the
5623
56241176
562501:06:48,120 --> 01:06:50,120
5626companies that I,
5627was on a board of,
5628
56291177
563001:06:50,140 --> 01:06:57,180
5631and, it was a,
5632hadan account which as I,
5633
56341178
563501:06:57,200 --> 01:07:02,220
5636as I mentioned, has
5637been with the tax,
5638
56391179
564001:07:03,000 --> 01:07:06,110
5641on the tax account
5642since it was established.
5643
56441180
564501:07:06,130 --> 01:07:09,110
5646So now I'm starting to feel a
5647bit strange about this question
5648
56491181
565001:07:09,130 --> 01:07:12,100
5651because it's like you are
5652accusing me of something when
5653
56541182
565501:07:12,120 --> 01:07:16,190
5656you are asking me about a
5657company that has been on my--
5658
56591183
566001:07:16,210 --> 01:07:17,190
5661JOURNALIST: Let, let--
5662
56631184
566401:07:17,210 --> 01:07:19,070
5665PRIME MINISTER GUNNLAUGSSON:
5666tax return from
5667
56681185
566901:07:19,090 --> 01:07:20,070
5670the beginning.
5671
56721186
567301:07:20,090 --> 01:07:21,100
5674JOURNALIST: Yeah,
5675it must be okay for me as a
5676
56771187
567801:07:21,120 --> 01:07:23,130
5679journalist to ask the Prime
5680Minister about personal--
5681
56821188
568301:07:23,150 --> 01:07:24,180
5684PRIME MINISTER GUNNLAUGSSON:
5685Yes, sure.
5686
56871189
568801:07:24,200 --> 01:07:28,030
5689But you are indicating that
5690I have not paid, taxes on it.
5691
56921190
569301:07:28,050 --> 01:07:29,070
5694JOURNALIST: No, I'm
5695just asking you questions.
5696
56971191
569801:07:29,090 --> 01:07:29,140
5699PRIME MINISTER GUNNLAUGSSON:
5700Okay,
5701
57021192
570301:07:29,160 --> 01:07:30,150
5704okay.
5705
57061193
570701:07:30,170 --> 01:07:31,230
5708JOURNALIST: So, so, uh,
5709to go into the details,
5710
57111194
571201:07:32,010 --> 01:07:34,230
5713I would like my partner to do
5714it in Icelandic because I don't
5715
57161195
571701:07:35,010 --> 01:07:37,210
5718have the details,
5719uh, to discuss it.
5720
57211196
572201:08:24,210 --> 01:08:26,080
5723KRISTJÁNSSON: The time
5724between the interview and the
5725
57261197
572701:08:26,100 --> 01:08:29,120
5728publication was
5729a stressful time.
5730
57311198
573201:08:29,140 --> 01:08:31,130
5733The wife of
5734the Prime Minister,
5735
57361199
573701:08:31,150 --> 01:08:36,000
5738she posted a Facebook
5739status talking about some
5740
57411200
574201:08:36,020 --> 01:08:38,200
5743attacks from the media.
5744
57451201
574601:08:38,220 --> 01:08:42,030
5747Soon, I realized that, uh, we
5748shouldn't be afraid because we
5749
57501202
575101:08:42,050 --> 01:08:46,010
5752had all the materials,
5753we had the interview,
5754
57551203
575601:08:46,030 --> 01:08:49,010
5757uh, and uh, I
5758talk, I told my staff,
5759
57601204
576101:08:49,030 --> 01:08:52,010
5762you know, just relax because we
5763are going to publish this and,
5764
57651205
576601:08:52,030 --> 01:08:54,160
5767uh, it will be big.
5768
57691206
577001:09:02,230 --> 01:09:04,170
5771PAUL: We were utterly convinced
5772that night that we were gonna
5773
57741207
577501:09:04,190 --> 01:09:08,120
5776light the Blue Torch Paper
5777despite nobody going beforehand,
5778
57791208
578001:09:08,140 --> 01:09:10,120
5781there was still an
5782air of expectancy.
5783
57841209
578501:09:10,140 --> 01:09:12,140
5786People knew a big
5787story was coming.
5788
57891210
579001:09:12,160 --> 01:09:14,170
5791LUKE: What was weird was about
5792ten minutes before we were due
5793
57941211
579501:09:14,190 --> 01:09:18,020
5796to press send, Edward Snowden
5797tweeted out a link to the
5798
57991212
580001:09:18,040 --> 01:09:21,010
5801English language website of
5802Süddeutsche Zeitung MAN 4: The
5803
58041213
580501:09:21,030 --> 01:09:24,090
5806people who follow him
5807then were alerted to this,
5808
58091214
581001:09:24,110 --> 01:09:26,120
5811and that's a
5812pretty wide universe.
5813
58141215
581501:09:26,140 --> 01:09:28,120
5816JULIETTE: Gerard Ryle,
5817the Director of the ICIJ,
5818
58191216
582001:09:28,140 --> 01:09:30,200
5821is hammering the phones getting
5822everyone to just hold
5823
58241217
582501:09:30,220 --> 01:09:32,140
5826their nerve.
5827
58281218
582901:09:32,160 --> 01:09:33,230
5830GERARD: I thought it was very
5831important that we all hold the
5832
58331219
583401:09:34,010 --> 01:09:36,020
5835line, that what was
5836happening with the press
5837
58381220
583901:09:36,040 --> 01:09:38,180
5840conference from the Kremlin and
5841what was happening in Iceland at
5842
58431221
584401:09:38,200 --> 01:09:41,020
5845the time where parts of the
5846story were getting out through
5847
58481222
584901:09:41,040 --> 01:09:43,150
5850Facebook, through the
5851Icelandic Prime Minister's wife,
5852
58531223
585401:09:43,170 --> 01:09:45,170
5855like there was a
5856lot of nervousness,
5857
58581224
585901:09:45,190 --> 01:09:47,170
5860and I really thought
5861that all of these events,
5862
58631225
586401:09:47,190 --> 01:09:49,190
5865all of these small
5866things happening,
5867
58681226
586901:09:49,210 --> 01:09:51,180
5870even though, you know, we
5871were being talked about a week
5872
58731227
587401:09:51,200 --> 01:09:53,190
5875beforehand, no one
5876really knew the bigger story.
5877
58781228
587901:09:53,210 --> 01:09:55,190
5880JULIETTE: You know, I'm, uh,
5881describing it a bit like a,
5882
58831229
588401:09:55,210 --> 01:09:58,220
5885a general standing at the top
5886of the hill holding back the
5887
58881230
588901:09:59,000 --> 01:10:01,140
5890troops, you know, waiting as
5891the opposing army approaches,
5892
58931231
589401:10:01,160 --> 01:10:04,180
5895approaches, you
5896know, hold, hold, hold, go!
5897
58981232
589901:10:04,200 --> 01:10:05,180
5900Charge!
5901
59021233
590301:10:05,200 --> 01:10:07,190
5904TIM:
5905When that day hits,
5906
59071234
590801:10:07,210 --> 01:10:10,150
5909things happen
5910fairly quickly.
5911
59121235
591301:10:12,190 --> 01:10:15,060
5914NEWS REPORTER 20: The so-called
5915Panama Papers now exposing the
5916
59171236
591801:10:15,080 --> 01:10:19,150
5919secret financial dealings of
5920politicians and celebrities.
5921
59221237
592301:10:19,170 --> 01:10:21,180
5924NEWS REPORTER 21: Many of
5925the world's most powerful
5926
59271238
592801:10:21,200 --> 01:10:24,030
5929politicians, wealthy business
5930owners and popular celebrities
5931
59321239
593301:10:24,050 --> 01:10:26,160
5934are now desperately trying to
5935distance themselves from the
5936
59371240
593801:10:26,180 --> 01:10:30,200
5939fallout and consequences
5940of the Panama Papers.
5941
59421241
594301:10:30,220 --> 01:10:33,160
5944MARISA: There was an immediate
5945response on social media.
5946
59471242
594801:10:33,180 --> 01:10:35,160
5949MAN 8: They're
5950all on the inside,
5951
59521243
595301:10:35,180 --> 01:10:37,140
5954we are out on the
5955street looking in.
5956
59571244
595801:10:37,160 --> 01:10:39,110
5959Hello?
5960
59611245
596201:10:39,130 --> 01:10:41,030
5963MARINA: This thing exploded and
5964took an entire life of its own.
5965
59661246
596701:10:41,050 --> 01:10:43,040
5968NEWS REPORTER 22: We turn now
5969to the banking bombshell causing
5970
59711247
597201:10:43,060 --> 01:10:44,190
5973shockwaves around the world.
5974
59751248
597601:10:44,210 --> 01:10:45,150
5977NEWS REPORTER 23:
5978Panama Papers...
5979
59801249
598101:10:45,170 --> 01:10:46,210
5982NEWS REPORTER 24:
5983
59841250
598501:10:46,230 --> 01:10:48,020
5986NEWS REPORTER 25: The Panama Papers...
5987
59881251
598901:10:48,040 --> 01:10:49,060
5990NEWS REPORTER 26: The Panama Papers.
5991
59921252
599301:10:49,080 --> 01:10:51,200
5994GEORGE: What may be the largest
5995leak of secret documents
5996
59971253
599801:10:51,220 --> 01:10:53,110
5999in history.
6000
60011254
600201:10:53,130 --> 01:10:55,050
6003NEWS REPORTER 27: A blockbuster
6004release of millions of
6005
60061255
600701:10:55,070 --> 01:10:56,090
6008financial documents.
6009
60101256
601101:10:56,110 --> 01:10:58,200
6012NEWS REPORTER 28: This is
6013the biggest attack on the tax
6014
60151257
601601:10:58,220 --> 01:11:00,000
6017shelter industry.
6018
60191258
602001:11:00,020 --> 01:11:01,030
6021It's a trillion dollar industry.
6022
60231259
602401:11:01,050 --> 01:11:01,200
6025NEWS REPORTER 29: It is.
6026
60271260
602801:11:01,220 --> 01:11:02,190
6029It is a trillion
6030dollar industry.
6031
60321261
603301:11:02,210 --> 01:11:05,040
6034JAKE: The UK,
6035France, Australia, Mexico,
6036
60371262
603801:11:05,060 --> 01:11:07,120
6039all say they're
6040going to investigate.
6041
60421263
604301:11:08,090 --> 01:11:13,050
6044ROBERTO: When it blew up, I
6045had no idea the size of
6046
60471264
604801:11:13,070 --> 01:11:15,000
6049the situation.
6050
60511265
605201:11:15,020 --> 01:11:16,060
6053NEWS REPORTER 30: Panama Police
6054have raided the offices of the
6055
60561266
605701:11:16,080 --> 01:11:20,030
6058law firm at the center of the
6059country's massive data leak.
6060
60611267
606201:11:29,030 --> 01:11:33,150
6063JACK: Now the problem is can the
6064various judicial systems of the
6065
60661268
606701:11:33,170 --> 01:11:37,140
6068world handle all of this
6069material without getting a
6070
60711269
607201:11:37,160 --> 01:11:41,020
6073horrendous case of indigestion?
6074
60751270
607601:12:08,220 --> 01:12:11,020
6077JÃœRGEN: We have always dealt
6078with professional clients all
6079
60801271
608101:12:11,040 --> 01:12:12,050
6082over the world, only.
6083
60841272
608501:12:12,070 --> 01:12:15,160
6086RITA: After the publication,
6087the example they gave it,
6088
60891273
609001:12:15,180 --> 01:12:17,130
6091we were like a knife
6092factory, you know?
6093
60941274
609501:12:17,150 --> 01:12:18,220
6096We sell the knives.
6097
60981275
609901:12:19,000 --> 01:12:20,230
6100If people kill, kill
6101other people with knives,
6102
61031276
610401:12:21,010 --> 01:12:22,180
6105it is not our fault.
6106
61071277
610801:12:22,200 --> 01:12:26,140
6109The problem is they always knew
6110who had the knives and what were
6111
61121278
611301:12:26,160 --> 01:12:28,220
6114they gonna do with the knives.
6115
61161279
611701:12:29,160 --> 01:12:31,100
6118NEWS REPORTER 32: The law
6119firm is denying any wrongdoing.
6120
61211280
612201:12:31,120 --> 01:12:35,170
6123RITA: When we'd realized how big
6124it was was when we saw people
6125
61261281
612701:12:35,190 --> 01:12:38,050
6128going out in the streets.
6129
61301282
613101:12:42,030 --> 01:12:43,080
6132NEWS REPORTER 33: Thousands of
6133Icelanders took the streets,
6134
61351283
613601:12:43,100 --> 01:12:46,100
6137calling on the Prime Minister to
6138resign following allegations he
6139
61401284
614101:12:46,120 --> 01:12:48,110
6142benefited from offshore
6143holdings and tax havens.
6144
61451285
614601:12:52,120 --> 01:12:56,020
6147NEWS REPORTER 34: The first
6148casualty of the Panama Papers
6149
61501286
615101:12:56,040 --> 01:12:57,060
6152has fallen.
6153
61541287
615501:12:57,080 --> 01:13:00,150
6156Prime Minister of Iceland
6157yielded his post on Tuesday amid
6158
61591288
616001:13:00,170 --> 01:13:02,230
6161public uproar that he failed to
6162disclose links to an
6163
61641289
616501:13:03,010 --> 01:13:04,190
6166offshore company.
6167
61681290
616901:13:10,090 --> 01:13:13,030
6170NEWS REPORTER 35: Prime Minister
6171Nawaz Sharif, he may be thrown
6172
61731291
617401:13:13,050 --> 01:13:15,000
6175out of office over allegations
6176that his family owned several
6177
61781292
617901:13:15,020 --> 01:13:16,220
6180illegal offshore businesses.
6181
61821293
618301:13:17,000 --> 01:13:19,200
6184CROWD:
6185
61861294
618701:13:19,220 --> 01:13:23,070
6188NEWS REPORTER 36: Corruption and
6189bribery at the highest level
6190
61911295
619201:13:23,090 --> 01:13:25,150
6193on the streets of Rio Sao Paulo
6194and dozens of other cities.
6195
61961296
619701:13:25,170 --> 01:13:28,230
6198Protestors laid the blame at
6199the door of President
6200
62011297
620201:13:29,010 --> 01:13:29,230
6203Dilma Rousseff.
6204
62051298
620601:13:30,010 --> 01:13:32,070
6207MAN 8: Every day
6208there is a new scandal.
6209
62101299
621101:13:32,090 --> 01:13:33,230
6212Every day there is something
6213related to money being taken out
6214
62151300
621601:13:34,010 --> 01:13:35,230
6217of the country.
6218
62191301
622001:13:36,010 --> 01:13:37,190
6221NEWS REPORTER 37: We have some
6222breaking news from Brazil where
6223
62241302
622501:13:37,210 --> 01:13:41,070
6226the senate there has voted to
6227impeach President Dilma Rousseff
6228
62291303
623001:13:41,090 --> 01:13:43,110
6231and plunges the country
6232into political chaos.
6233
62341304
623501:13:43,130 --> 01:13:45,030
6236KEVIN: Look at Brazil.
6237
62381305
623901:13:45,050 --> 01:13:48,170
6240That's probably the country
6241where the Panama Papers has had
6242
62431306
624401:13:48,190 --> 01:13:49,170
6245the most impact.
6246
62471307
624801:13:54,020 --> 01:13:56,070
6249KEVIN: Iceland got the
6250headlines with the president.
6251
62521308
625301:13:56,090 --> 01:13:59,120
6254The entire ruling
6255structure of Brazil is crumbling
6256
62571309
625801:13:59,140 --> 01:14:01,080
6259because so many of them are
6260tied into this money
6261
62621310
626301:14:01,100 --> 01:14:03,000
6264laundering scheme.
6265
62661311
626701:14:03,020 --> 01:14:04,200
6268CROWD:
6269
62701312
627101:14:06,140 --> 01:14:07,160
6272NEWS REPORTER 38: Protestors
6273in the Argentine capital Buenos
6274
62751313
627601:14:07,180 --> 01:14:10,070
6277Aires are calling for the
6278country's president to step down
6279
62801314
628101:14:10,090 --> 01:14:13,040
6282after the so-called Panama
6283Papers revealed Mauricio Macri
6284
62851315
628601:14:13,060 --> 01:14:17,080
6287is on the board of two offshore
6288firms: One in the Bahamas,
6289
62901316
629101:14:17,100 --> 01:14:19,000
6292the other in Panama.
6293
62941317
629501:14:19,020 --> 01:14:22,090
6296NEWS REPORTER 39: Several
6297thousand people filled a square
6298
62991318
630001:14:22,110 --> 01:14:26,020
6301in Malta's capital on Sunday,
6302and demanded the resignation of
6303
63041319
630501:14:26,040 --> 01:14:27,120
6306Prime Minister Joseph Muscat.
6307
63081320
630901:14:27,140 --> 01:14:30,030
6310MATTHEW: My mother
6311was in Malta alone,
6312
63131321
631401:14:30,050 --> 01:14:33,170
6315fighting this with no, no
6316one backing her at all.
6317
63181322
631901:14:33,190 --> 01:14:36,090
6320No institution.
6321
63221323
632301:14:36,110 --> 01:14:38,210
6324GERARD: Daphne had been working
6325on a number of post-Panama
6326
63271324
632801:14:38,230 --> 01:14:40,210
6329Paper stories.
6330
63311325
633201:14:40,230 --> 01:14:43,150
6333She wasn't involved in the
6334Panama Papers investigation
6335
63361326
633701:14:43,170 --> 01:14:46,020
6338itself, but she had taken our
6339reporting and gone further.
6340
63411327
634201:14:50,010 --> 01:14:51,050
6343JACOB:
6344
63451328
634601:14:51,070 --> 01:14:52,020
6347KONRAD: Good evening.
6348
63491329
635001:14:52,040 --> 01:14:53,170
6351Um, today, the,
6352yesterday's piece...
6353
63541330
635501:15:03,200 --> 01:15:05,100
6356KONRAD: There are
6357no bank accounts,
6358
63591331
636001:15:05,120 --> 01:15:06,230
6361uh, no, no, no funds.
6362
63631332
636401:15:14,160 --> 01:15:15,180
6365KONRAD: And there are
6366absolutely no funds.
6367
63681333
636901:15:15,200 --> 01:15:16,080
6370Thank you.
6371
63721334
637301:15:18,200 --> 01:15:22,010
6374MATTHEW: When the story
6375broke, they didn't resign.
6376
63771335
637801:15:22,030 --> 01:15:23,140
6379I mean, I couldn't believe it.
6380
63811336
638201:15:23,160 --> 01:15:26,050
6383I could see, I mean, it was like
6384a disaster unfolding in
6385
63861337
638701:15:26,070 --> 01:15:27,020
6388slow motion.
6389
63901338
639101:16:00,080 --> 01:16:02,160
6392NEWS REPORTER 40: British Prime
6393Minister David Cameron faces
6394
63951339
639601:16:02,180 --> 01:16:06,030
6397backlash for implications in the
6398recently leaked Panama Papers.
6399
64001340
640101:16:06,050 --> 01:16:07,100
6402JULIETTE: And that's when things
6403in the UK just went
6404
64051341
640601:16:07,120 --> 01:16:09,200
6407really crazy.
6408
64091342
641001:16:11,130 --> 01:16:13,000
6411LUKE: There was
6412turmoil in this country.
6413
64141343
641501:16:13,020 --> 01:16:14,210
6416David Cameron had
6417the worst week.
6418
64191344
642001:16:17,080 --> 01:16:21,030
6421DAVID: Thank you,
6422Mister Speaker.
6423
64241345
642501:16:21,050 --> 01:16:22,070
6426Thank you, Mister Speaker.
6427
64281346
642901:16:22,090 --> 01:16:23,070
6430With permission, I would like to
6431make a statement on the
6432
64331347
643401:16:23,090 --> 01:16:24,190
6435Panama Papers.
6436
64371348
643801:16:25,050 --> 01:16:27,000
6439Dealing with my own
6440circumstances first,
6441
64421349
644301:16:27,020 --> 01:16:30,120
6444yesterday I published all the
6445information in my tax returns,
6446
64471350
644801:16:30,140 --> 01:16:33,000
6449not just for the last year,
6450but for the last six years.
6451
64521351
645301:16:33,020 --> 01:16:35,110
6454I've also given additional
6455information about money
6456
64571352
645801:16:35,130 --> 01:16:38,150
6459inherited and given to me by
6460my family so people can see the
6461
64621353
646301:16:38,170 --> 01:16:40,130
6464sources of income that I have.
6465
64661354
646701:16:40,150 --> 01:16:43,060
6468This is an entirely
6469standard practice,
6470
64711355
647201:16:43,080 --> 01:16:46,050
6473and it is not to avoid tax.
6474
64751356
647601:16:46,070 --> 01:16:49,150
6477JEREMY CORBYN: May I thank
6478the Prime Minister for the
6479
64801357
648101:16:49,170 --> 01:16:51,130
6482advance site of his statement.
6483
64841358
648501:16:51,150 --> 01:16:55,110
6486It is absolutely a masterclass
6487in the art of distraction.
6488
64891359
649001:16:58,100 --> 01:17:00,120
6491JULIETTE: He refused to say
6492whether he had any money in his
6493
64941360
649501:17:00,140 --> 01:17:01,120
6496father's offshore fund.
6497
64981361
649901:17:01,140 --> 01:17:03,130
6500PAUL: He'd gone
6501on record saying,
6502
65031362
650401:17:03,150 --> 01:17:05,170
6505we've gotta end
6506secrecy about tax avoidance.
6507
65081363
650901:17:05,190 --> 01:17:08,000
6510He'd gone on record saying we've
6511gotta shine a light on where
6512
65131364
651401:17:08,020 --> 01:17:09,070
6515this money comes from.
6516
65171365
651801:17:09,090 --> 01:17:12,020
6519DAVID: Some of these schemes
6520where people are parking huge
6521
65221366
652301:17:12,040 --> 01:17:15,090
6524amounts of money offshore
6525and taking loans back to just
6526
65271367
652801:17:15,110 --> 01:17:19,140
6529minimize their tax rates, it
6530is not morally acceptable.
6531
65321368
653301:17:19,160 --> 01:17:21,170
6534PAUL: So he then
6535had to come out,
6536
65371369
653801:17:21,190 --> 01:17:24,060
6539and this was the fourth or fifth
6540explanation over a period of
6541
65421370
654301:17:24,080 --> 01:17:26,050
6544three days,
6545saying, well, actually,
6546
65471371
654801:17:26,070 --> 01:17:27,100
6549I did benefit from the shares.
6550
65511372
655201:17:27,120 --> 01:17:30,090
6553DAVID: Samantha and I
6554had a joint account.
6555
65561373
655701:17:30,110 --> 01:17:33,090
6558We owned, uh, 5,000
6559units in Blaire Moore,
6560
65611374
656201:17:33,110 --> 01:17:38,110
6563uh, Investment Trust, which we
6564sold in January, uh, 2010.
6565
65661375
656701:17:38,130 --> 01:17:41,080
6568Uh, that was worth
6569something like 30,000 pounds.
6570
65711376
657201:17:41,100 --> 01:17:43,100
6573Was there a profit on it?
6574
65751377
657601:17:43,120 --> 01:17:45,090
6577I paid, um,
6578income tax on the dividends,
6579
65801378
658101:17:45,110 --> 01:17:47,120
6582but there was
6583a profit on it,
6584
65851379
658601:17:47,140 --> 01:17:50,050
6587but it was less than the
6588capital gains tax allowance,
6589
65901380
659101:17:50,070 --> 01:17:52,100
6592so I didn't pay
6593capital gains tax,
6594
65951381
659601:17:52,120 --> 01:17:55,040
6597but it was subject to all the
6598UK taxes in all the normal ways.
6599
66001382
660101:17:56,160 --> 01:17:58,170
6602WOMAN 3: A few months
6603later, Britain was gonna hold a
6604
66051383
660601:17:58,190 --> 01:18:02,180
6607referendum on whether to
6608leave the European Union.
6609
66101384
661101:18:02,200 --> 01:18:06,060
6612NEWS REPORTER 41: People of
6613Britain have spoken,
6614
66151385
661601:18:06,080 --> 01:18:08,100
6617voting for a British
6618exit, dubbed Brexit,
6619
66201386
662101:18:08,120 --> 01:18:11,100
6622with almost 52% of the
6623votes choosing to leave the 28
6624
66251387
662601:18:11,120 --> 01:18:14,100
6627member European Union.
6628
66291388
663001:18:14,120 --> 01:18:17,060
6631NEWS REPORTER 41: And Cameron
6632was the figurehead for Romaine,
6633
66341389
663501:18:17,080 --> 01:18:20,110
6636but the British press is
6637dominated by press barrons who
6638
66391390
664001:18:20,130 --> 01:18:24,100
6641wanted us to leave, and it
6642suited their agenda to destroy
6643
66441391
664501:18:24,120 --> 01:18:25,170
6646the figurehead for Romane.
6647
66481392
664901:18:28,040 --> 01:18:30,050
6650DAVID: On Wednesday, I would
6651attend the House of Commons for
6652
66531393
665401:18:30,070 --> 01:18:32,180
6655Prime Ministers, answer
6656questions, and then after that,
6657
66581394
665901:18:32,200 --> 01:18:35,180
6660I expect to go to the
6661Palace and offer my resignation,
6662
66631395
666401:18:35,200 --> 01:18:38,110
6665so we'll have a new Prime
6666Minister in that building behind
6667
66681396
666901:18:38,130 --> 01:18:40,120
6670me by Wednesday evening.
6671
66721397
667301:18:40,140 --> 01:18:42,150
6674Thank you very much.
6675
66761398
667701:18:43,170 --> 01:18:46,040
6678PAUL: Cameron helped to create
6679this moral atmosphere which
6680
66811399
668201:18:46,060 --> 01:18:49,180
6683said, look, this behavior is
6684wrong and should not be helped
6685
66861400
668701:18:49,200 --> 01:18:53,070
6688by the laws that we have
6689in existence at the moment.
6690
66911401
669201:18:59,210 --> 01:19:02,110
6693MAN 8: The documents show allies
6694to Russian President Vladimir
6695
66961402
669701:19:02,130 --> 01:19:05,150
6698Putin secretly shuffled as much
6699as $2 billion through
6700
67011403
670201:19:05,170 --> 01:19:08,060
6703banks and shadow companies.
6704
67051404
670601:19:08,080 --> 01:19:10,000
6707PAUL: Day one, of course,
6708was Vladimir Putin and the two
6709
67101405
671101:19:10,020 --> 01:19:12,150
6712$2 billion worth of
6713money that led back to him,
6714
67151406
671601:19:12,170 --> 01:19:14,150
6717which was a remarkable story.
6718
67191407
672001:19:14,170 --> 01:19:17,110
6721It's been one of international
6722journalism's holy grails,
6723
67241408
672501:19:17,130 --> 01:19:19,120
6726really, that story.
6727
67281409
672901:19:19,140 --> 01:19:21,090
6730JOHN OLIVER: The papers revealed
6731the identity of a suspiciously
6732
67331410
673401:19:21,110 --> 01:19:26,050
6735rich cellist, which raises
6736immediate red flags for me,
6737
67381411
673901:19:26,070 --> 01:19:28,110
6740'cause I always thought the
6741only way to make millions with a
6742
67431412
674401:19:28,130 --> 01:19:31,070
6745cello is to use it
6746to dig for gold.
6747
67481413
674901:20:01,030 --> 01:20:02,120
6750LUKE: You know, he's basically
6751saying we're all spies.
6752
67531414
675401:20:02,140 --> 01:20:05,080
6755We scheme dastardly stuff to
6756try and defame the
6757
67581415
675901:20:05,100 --> 01:20:07,090
6760Russian Federation.
6761
67621416
676301:20:07,110 --> 01:20:08,130
6764Now, of course
6765that isn't the case,
6766
67671417
676801:20:08,150 --> 01:20:10,090
6769and if it were a CIA plot--
6770
67711418
677201:20:11,190 --> 01:20:13,180
6773LUKE: --how come David
6774Cameron got sucked in?
6775
67761419
677701:20:13,200 --> 01:20:15,050
6778How come demonstrations
6779in Iceland
6780
67811420
678201:20:15,070 --> 01:20:17,100
6783and Argentina?
6784
67851421
678601:20:18,070 --> 01:20:19,120
6787JULIETTE: I mean
6788the hilarious thing,
6789
67901422
679101:20:19,140 --> 01:20:24,060
6792you know, is that Putin ended
6793up having to buy lots of cellos.
6794
67951423
679601:20:24,230 --> 01:20:26,040
6797Roldugin bought lots of cellos
6798because he said it was for
6799
68001424
680101:20:26,060 --> 01:20:29,070
6802buying cellos, so they went and
6803bought a lot of cellos after.
6804
68051425
680601:20:33,150 --> 01:20:37,050
6807MARISA: This wasn't on
6808official news in Russia.
6809
68101426
681101:20:37,070 --> 01:20:39,100
6812Unless you were
6813looking at foreign media,
6814
68151427
681601:20:39,120 --> 01:20:42,150
6817you had no idea that
6818the Panama Papers broke.
6819
68201428
682101:20:42,170 --> 01:20:45,100
6822The officials who were
6823implicated in these documents
6824
68251429
682601:20:45,120 --> 01:20:48,070
6827would retaliate
6828against journalists.
6829
68301430
683101:20:48,090 --> 01:20:49,100
6832It's real.
6833
68341431
683501:20:49,120 --> 01:20:50,170
6836Journalists have been killed.
6837
68381432
683901:20:54,200 --> 01:20:56,000
6840NEWS REPORTER 42: A car exploded
6841in flames in the Ukrainian
6842
68431433
684401:20:56,020 --> 01:20:59,220
6845capital of Kiev early Wednesday
6846morning inside a prominent
6847
68481434
684901:21:00,000 --> 01:21:02,070
6850journalist, Pavel Sheremet.
6851
68521435
685301:21:02,090 --> 01:21:05,150
6854MAN 9:
6855
68561436
685701:21:05,170 --> 01:21:07,110
6858NEWS REPORTER 42: An eye witness
6859to the blast says several people
6860
68611437
686201:21:07,130 --> 01:21:09,020
6863tried to pull Sheremet from
6864the car, but it appeared
6865
68661438
686701:21:09,040 --> 01:21:10,100
6868he was already dead.
6869
68701439
687101:21:11,010 --> 01:21:13,090
6872LUKE: In Russia,
6873journalists, um,
6874
68751440
687601:21:13,110 --> 01:21:15,060
6877both in the big
6878cities and the provinces,
6879
68801441
688101:21:15,080 --> 01:21:17,130
6882get killed, shot,
6883beaten to death.
6884
68851442
688601:21:17,150 --> 01:21:19,100
6887Roman Anin who works
6888for Novaya Gazeta,
6889
68901443
689101:21:19,120 --> 01:21:21,190
6892he was kind of
6893instrumental in, in chasing the,
6894
68951444
689601:21:21,210 --> 01:21:23,210
6897following the money all the way
6898to Putin and making that kind
6899
69001445
690101:21:23,230 --> 01:21:24,200
6902of connection.
6903
69041446
690501:21:38,180 --> 01:21:40,110
6906FREDERIK: The Kremlin pretty
6907soon found out who our Russia
6908
69091447
691001:21:40,130 --> 01:21:45,110
6911partners are, so there
6912was TV programs that were,
6913
69141448
691501:21:45,130 --> 01:21:48,030
6916that basically
6917screamed something like,
6918
69191449
692001:21:48,050 --> 01:21:52,150
6921"Wanted" posters of the two of
6922them putting out information,
6923
69241450
692501:21:52,170 --> 01:21:55,020
6926um, on them, detailed
6927information that could lead
6928
69291451
693001:21:55,040 --> 01:21:58,160
6931people to the place where they
6932work or potentially where
6933
69341452
693501:21:58,180 --> 01:22:00,030
6936they live.
6937
69381453
693901:22:00,050 --> 01:22:03,070
6940They, to a certain point,
6941left Russia for a while.
6942
69431454
694401:22:06,100 --> 01:22:09,070
6945RITA: We were
6946treated as, uh, traitors.
6947
69481455
694901:22:09,090 --> 01:22:11,150
6950There were publications all
6951over the social networks and
6952
69531456
695401:22:11,170 --> 01:22:14,190
6955everywhere blaming us
6956for selling our country,
6957
69581457
695901:22:14,210 --> 01:22:16,150
6960blaming us for treason.
6961
69621458
696301:22:16,170 --> 01:22:18,120
6964Theywere people saying,
6965"What should we do with a
6966
69671459
696801:22:18,140 --> 01:22:20,000
6969traitor journalist?"
6970
69711460
697201:22:20,020 --> 01:22:21,040
6973with our names.
6974
69751461
697601:22:21,060 --> 01:22:23,060
6977They said, well, should we
6978throw them off the bridge of
6979
69801462
698101:22:23,080 --> 01:22:24,030
6982the canal?
6983
69841463
698501:22:24,100 --> 01:22:26,110
6986Should we send
6987them to Punta Coco,
6988
69891464
699001:22:26,130 --> 01:22:28,070
6991which is equivalent of
6992Alcatraz for Panama,
6993
69941465
699501:22:28,090 --> 01:22:29,020
6996or should we just
6997send them to La Joya,
6998
69991466
700001:22:29,040 --> 01:22:31,040
7001which is a maximum
7002security prison.
7003
70041467
700501:22:32,020 --> 01:22:33,000
7006JOSEPH: This sort of thing
7007is happening
7008
70091468
701001:22:33,020 --> 01:22:34,040
7011a lot of, a lot of
7012places in the world,
7013
70141469
701501:22:34,060 --> 01:22:35,040
7016it's absolutely terrifying.
7017
70181470
701901:22:35,060 --> 01:22:38,000
7020Me personally, I've been
7021physically threatened,
7022
70231471
702401:22:38,020 --> 01:22:39,120
7025I've been
7026threatened with lawsuits.
7027
70281472
702901:22:39,140 --> 01:22:41,150
7030Um, but I'm really lucky.
7031
70321473
703301:22:41,170 --> 01:22:43,150
7034I, you know, I work
7035in the United States.
7036
70371474
703801:22:43,170 --> 01:22:46,010
7039It's really bad form to
7040kill a journalist here.
7041
70421475
704301:22:46,030 --> 01:22:48,170
7044Investigative journalism is hard
7045enough without having to worry,
7046
70471476
704801:22:48,190 --> 01:22:51,050
7049do all that kind
7050of moral math, um,
7051
70521477
705301:22:51,070 --> 01:22:52,200
7054physical risk.
7055
70561478
705701:22:52,220 --> 01:22:53,210
7058It's something that war
7059correspondents are used to doing
7060
70611479
706201:22:53,230 --> 01:22:55,060
7063all the time.
7064
70651480
706601:22:55,080 --> 01:22:56,110
7067In a way, it kind of feels
7068like we're all war
7069
70701481
707101:22:56,130 --> 01:22:57,230
7072correspondents now.
7073
70741482
707501:23:00,190 --> 01:23:03,200
7076MARINA: This just shows how
7077vulnerable reporters around the
7078
70791483
708001:23:03,220 --> 01:23:06,190
7081world working on
7082corruption issues are.
7083
70841484
708501:23:09,150 --> 01:23:14,040
7086One answer to that vulnerability
7087is working in networks and
7088
70891485
709001:23:14,060 --> 01:23:16,040
7091in teams.
7092
70931486
709401:23:17,100 --> 01:23:20,030
7095You can't take
7096down 376 reporters.
7097
70981487
709901:23:24,110 --> 01:23:27,200
7100PRESENTER: For
7101the Panama Papers,
7102
71031488
710401:23:27,220 --> 01:23:30,110
7105reporting that explored the
7106hidden infrastructure and global
7107
71081489
710901:23:30,130 --> 01:23:33,000
7110scale of offshore tax havens...
7111
71121490
711301:23:34,080 --> 01:23:36,210
7114PRESENTER: The Pulitzer Prize
7115and explanatory reporting goes
7116
71171491
711801:23:36,230 --> 01:23:41,010
7119to... The International
7120Consortium of Investigative
7121
71221492
712301:23:41,030 --> 01:23:44,150
7124Journalists, McClatchy
7125and the Miami Herald.
7126
71271493
712801:23:45,220 --> 01:23:49,180
7129MARISA: Just the idea that
7130we were able to-to finish the
7131
71321494
713301:23:49,200 --> 01:23:55,180
7134Panama Papers despite all of the
7135doubts and publish it along with
7136
71371495
713801:23:55,200 --> 01:23:57,210
7139all of these other
7140reporters all across the world.
7141
71421496
714301:24:03,180 --> 01:24:06,220
7144JÓHANNES: And it felt so
7145surreal because the Pulitzer is
7146
71471497
714801:24:07,010 --> 01:24:10,150
7149something you always
7150dream of as a journalist,
7151
71521498
715301:24:10,170 --> 01:24:13,060
7154but as a German journalist, it's
7155something that you can normally
7156
71571499
715801:24:13,080 --> 01:24:15,110
7159not reach.
7160
71611500
716201:24:21,170 --> 01:24:22,210
7163GERARD: It's nice to show that
7164journalists can actually work
7165
71661501
716701:24:22,230 --> 01:24:24,220
7168together, and I think that's
7169something that we always thought
7170
71711502
717201:24:25,000 --> 01:24:25,160
7173would never happen.
7174
71751503
717601:24:25,180 --> 01:24:27,200
7177You know,
7178journalists are selfish,
7179
71801504
718101:24:27,220 --> 01:24:29,190
7182we don't share stories,
7183we don't share sources.
7184
71851505
718601:24:29,210 --> 01:24:31,120
7187We've just proven
7188that that's wrong,
7189
71901506
719101:24:31,140 --> 01:24:32,180
7192that, in fact, you can get a
7193better story sometimes if you
7194
71951507
719601:24:32,200 --> 01:24:35,130
7197do, if you do share.
7198
71991508
720001:24:37,170 --> 01:24:41,030
7201MAN 9: You do need big,
7202international teams to cover
7203
72041509
720501:24:41,050 --> 01:24:43,110
7206big, international topics.
7207
72081510
720901:24:45,010 --> 01:24:46,180
7210KEVIN: Then it cleared the way
7211for us to spend the rest of the
7212
72131511
721401:24:46,200 --> 01:24:49,200
7215year really doing the kind of
7216stuff that you couldn't do on
7217
72181512
721901:24:49,220 --> 01:24:51,160
7220the first day, but were just
7221as important as the first
7222
72231513
722401:24:51,180 --> 01:24:53,080
7225day stories.
7226
72271514
722801:24:59,050 --> 01:25:00,230
7229FREDERIK: I thought that this
7230would be the time that we can
7231
72321515
723301:25:01,010 --> 01:25:05,150
7234refocus and go into the stories
7235we hadn't yet the time to
7236
72371516
723801:25:05,170 --> 01:25:13,040
7239finish, but then we heard this
7240terrible news from Malta where
7241
72421517
724301:25:13,060 --> 01:25:17,160
7244Daphne Galizia, um, was
7245killed in a-a car bombing.
7246
72471518
724801:25:17,180 --> 01:25:21,120
7249NEWS REPORTER 43: The son of
7250the investigative journalist,
7251
72521519
725301:25:21,140 --> 01:25:23,210
7254Daphne Caruana Galizia, who was
7255killed in a car bomb attack in
7256
72571520
725801:25:23,230 --> 01:25:26,210
7259Malta has attacked the island
7260as a mafia state run by what he
7261
72621521
726301:25:26,230 --> 01:25:28,080
7264called crooks.
7265
72661522
726701:25:28,100 --> 01:25:30,200
7268His 53-year-old mother,
7269who was killed yesterday,
7270
72711523
727201:25:30,220 --> 01:25:33,210
7273was known for her blog accusing
7274politicians of high-level
7275
72761524
727701:25:33,230 --> 01:25:37,130
7278corruption and she led the
7279Panama Papers investigation into
7280
72811525
728201:25:37,150 --> 01:25:39,080
7283corruption on the island.
7284
72851526
728601:25:41,070 --> 01:25:42,210
7287MAN 10: We couldn't have been
7288more shocked when-when we found
7289
72901527
729101:25:42,230 --> 01:25:44,090
7292out that Daphne, you
7293know, Matthew's mother,
7294
72951528
729601:25:44,110 --> 01:25:46,120
7297had been blown up.
7298
72991529
730001:25:46,140 --> 01:25:50,110
7301I mean, it just seemed so
7302senseless and-and crazy.
7303
73041530
730501:25:52,130 --> 01:25:54,010
7306MATTHEW: It was,
7307the message was,
7308
73091531
731001:25:54,030 --> 01:25:59,140
7311look, we can, we can do this
7312and we can get away with it.
7313
73141532
731501:25:59,160 --> 01:26:02,170
7316We have, there's no deterrent.
7317
73181533
731901:26:02,190 --> 01:26:07,100
7320We can strike whoever we want,
7321whenever we want and get away
7322
73231534
732401:26:07,120 --> 01:26:10,060
7325with it.
7326
73271535
732801:26:14,000 --> 01:26:14,200
7329GERARD: The fact that
7330she was killed in Malta,
7331
73321536
733301:26:14,220 --> 01:26:17,020
7334you're talking about
7335a European country.
7336
73371537
733801:26:17,040 --> 01:26:21,080
7339That really shocked not
7340just us, but also the world.
7341
73421538
734301:26:23,200 --> 01:26:25,100
7344JACOB: You know, this,
7345what happened to Daphne,
7346
73471539
734801:26:25,120 --> 01:26:30,180
7349it-it never, we never thought
7350anything could happen in Malta.
7351
73521540
735301:26:30,200 --> 01:26:32,150
7354Daphne was, you
7355know, very much a,
7356
73571541
735801:26:32,170 --> 01:26:33,230
7359a fearless investigator.
7360
73611542
736201:26:34,010 --> 01:26:37,170
7363You know, a, a lone, a
7364lone voice in a sense.
7365
73661543
736701:26:38,200 --> 01:26:40,020
7368She was very frustrated
7369with-with mainstream media.
7370
73711544
737201:26:40,040 --> 01:26:41,140
7373I don't know.
7374
73751545
737601:26:41,160 --> 01:26:45,150
7377People just gravitated
7378towards her blog naturally.
7379
73801546
738101:26:46,040 --> 01:26:47,180
7382JULIETTE: Daphne was
7383fierce, and she was a blogger,
7384
73851547
738601:26:47,200 --> 01:26:49,220
7387so she had a lot more freedom
7388than newspaper journalists in
7389
73901548
739101:26:50,000 --> 01:26:52,150
7392terms of expressing her
7393opinion, and she used it.
7394
73951549
739601:26:52,170 --> 01:26:55,150
7397DAPHNE: My article went
7398up at 7:00 in the evening,
7399
74001550
740101:26:55,170 --> 01:26:58,200
7402and two and a half hours
7403later, by half past nine,
7404
74051551
740601:26:58,220 --> 01:27:03,020
7407the police are already at my
7408gate with a warrant for my
7409
74101552
741101:27:03,040 --> 01:27:07,100
7412arrest issued by a magistrate
7413within two and a half hours.
7414
74151553
741601:27:07,120 --> 01:27:12,230
7417The police cannot understand why
7418I will not abide by the law and
7419
74201554
742101:27:13,010 --> 01:27:16,100
7422sit at home quietly and not
7423write anything about politics.
7424
74251555
742601:27:16,120 --> 01:27:21,110
7427FREDERIK: She was one addressing
7428things many politicians did not
7429
74301556
743101:27:21,130 --> 01:27:23,110
7432want to hear.
7433
74341557
743501:27:25,020 --> 01:27:29,000
7436She wrote about corruption
7437at the highest levels
7438
74391558
744001:27:29,020 --> 01:27:30,190
7441of government.
7442
74431559
744401:27:30,210 --> 01:27:31,170
7445You know, I
7446mean I always get,
7447
74481560
744901:27:31,190 --> 01:27:34,030
7450like, you know,
7451the-the usual people,
7452
74531561
745401:27:34,050 --> 01:27:36,130
7455"Don't worry, the
7456truth will come to light.
7457
74581562
745901:27:36,150 --> 01:27:37,210
7460Good always wins.
7461
74621563
746301:27:37,230 --> 01:27:39,130
7464There will be justice."
7465
74661564
746701:27:39,150 --> 01:27:41,190
7468My mother always
7469thought that was bullshit.
7470
74711565
747201:27:43,220 --> 01:27:45,150
7473JULIETTE: She
7474wasn't just outspoken.
7475
74761566
747701:27:45,170 --> 01:27:48,010
7478She was effective, and I think
7479that's why she's-she's
7480
74811567
748201:27:48,030 --> 01:27:50,020
7483been killed.
7484
74851568
748601:27:54,020 --> 01:27:56,010
7487What was
7488particularly shocking was that,
7489
74901569
749101:27:56,030 --> 01:28:00,000
7492for some people, um, this
7493assassination was a-a cause
7494
74951570
749601:28:00,020 --> 01:28:01,050
7497of celebration.
7498
74991571
750001:28:01,070 --> 01:28:05,160
7501One police officer actually
7502tweeted that he was pleased that
7503
75041572
750501:28:05,180 --> 01:28:09,030
7506this had happened and-and called
7507her "cow dung" the day after,
7508
75091573
751001:28:09,050 --> 01:28:13,000
7511so you know, there wasn't
7512universal condemnation of this
7513
75141574
751501:28:13,020 --> 01:28:14,010
7516act in Malta.
7517
75181575
751901:28:14,030 --> 01:28:16,150
7520Perhaps there should have been.
7521
75221576
752301:28:17,110 --> 01:28:18,210
7524NEWS REPORTER 44: A court in
7525Malta has charged three men with
7526
75271577
752801:28:18,230 --> 01:28:21,080
7529the murder of
7530Daphne Caruana Galiza.
7531
75321578
753301:28:21,100 --> 01:28:23,200
7534Maltase media say the
7535authorities honed in on the
7536
75371579
753801:28:23,220 --> 01:28:27,040
7539suspects following
7540telephone intercepts.
7541
75421580
754301:28:27,060 --> 01:28:29,120
7544Police arrested 10 men on on
7545Monday in connection with
7546
75471581
754801:28:29,140 --> 01:28:31,050
7549the killing.
7550
75511582
755201:28:31,070 --> 01:28:35,020
7553Seven have been released on
7554bail pending further inquiries.
7555
75561583
755701:28:35,200 --> 01:28:38,060
7558MAN 11: It was
7559just all a big show.
7560
75611584
756201:28:38,080 --> 01:28:41,210
7563MATTHEW: I am quite confident
7564that they were the people who
7565
75661585
756701:28:41,230 --> 01:28:45,220
7568executed the orders to
7569assassinate my mother,
7570
75711586
757201:28:46,000 --> 01:28:48,050
7573but my mother never
7574wrote about them,
7575
75761587
757701:28:48,070 --> 01:28:52,040
7578she never investigated them,
7579she had no idea who they were.
7580
75811588
758201:28:52,060 --> 01:28:55,190
7583They've probably never
7584even read what she wrote.
7585
75861589
758701:28:57,070 --> 01:28:59,060
7588JACOB: They may have the
7589people who-who pushed a button,
7590
75911590
759201:28:59,080 --> 01:29:01,060
7593who-who, you know,
7594who set off the bomb,
7595
75961591
759701:29:01,080 --> 01:29:02,220
7598but they're definitely
7599not the masterminds,
7600
76011592
760201:29:03,000 --> 01:29:05,010
7603and they definitely, you know,
7604wouldn't have had the motive to
7605
76061593
760701:29:05,030 --> 01:29:07,150
7608do it, so the big
7609question is, you know,
7610
76111594
761201:29:07,170 --> 01:29:09,150
7613who ordered this
7614kill, and ultimately,
7615
76161595
761701:29:09,170 --> 01:29:12,160
7618who paid them, as well?
7619
76201596
762101:29:14,040 --> 01:29:17,160
7622MAN 10: The way it was done,
7623it was also a way of getting
7624
76251597
762601:29:17,180 --> 01:29:19,130
7627sources to stop talking.
7628
76291598
763001:30:02,220 --> 01:30:05,150
7631NEWS REPORTER 45: The two
7632founders of Panamanian law firm
7633
76341599
763501:30:05,170 --> 01:30:09,020
7636Mossack Fonseca were arrested
7637after both were indicted on
7638
76391600
764001:30:09,040 --> 01:30:11,000
7641charges of money laundering.
7642
76431601
764401:31:14,150 --> 01:31:18,010
7645ROBERTO: Porcell, I think, is
7646trying to do what has to be
7647
76481602
764901:31:18,030 --> 01:31:23,210
7650done, but the judiciary, which
7651is where she has to deposit
7652
76531603
765401:31:23,230 --> 01:31:31,090
7655her investigations, has zero
7656credibility at this point.
7657
76581604
765901:31:32,060 --> 01:31:36,080
7660If you talk to Panamanians
7661out there about this,
7662
76631605
766401:31:36,100 --> 01:31:39,010
7665the reaction is
7666"No pasa nada"...
7667
76681606
766901:31:39,030 --> 01:31:41,050
7670Nothing will happen.
7671
76721607
767301:31:41,070 --> 01:31:42,010
7674I don't think that's right.
7675
76761608
767701:31:42,030 --> 01:31:45,000
7678I think that
7679something will happen.
7680
76811609
768201:31:45,020 --> 01:31:48,210
7683We have an ex-president of
7684the Supreme Court in jail.
7685
76861610
768701:31:48,230 --> 01:31:52,010
7688We have an
7689ex-president in jail in Miami.
7690
76911611
769201:31:52,030 --> 01:31:54,170
7693I mean, there are
7694things happening.
7695
76961612
769701:31:59,070 --> 01:32:01,120
7698I feel that
7699somewhere along the way,
7700
77011613
770201:32:01,140 --> 01:32:04,230
7703in incremental bits, we'll
7704be solving these problems.
7705
77061614
770701:32:05,010 --> 01:32:09,180
7708It's just a, a human problem
7709that we have to face all over
7710
77111615
771201:32:09,200 --> 01:32:12,040
7713the world.
7714
77151616
771601:32:14,000 --> 01:32:16,020
7717FREDERIK: This is
7718not only about Panama,
7719
77201617
772101:32:16,040 --> 01:32:20,020
7722that's a worldwide problem,
7723and if it should get solved,
7724
77251618
772601:32:20,040 --> 01:32:22,030
7727it's something that has to
7728be addressed in the U.S.,
7729
77301619
773101:32:22,050 --> 01:32:23,170
7732as well.
7733
77341620
773501:32:23,190 --> 01:32:24,230
7736KEVIN: One of the things
7737that led to change on the U.S.
7738
77391621
774001:32:25,010 --> 01:32:30,000
7741end that both Nevada and Wyoming
7742changed their laws based on some
7743
77441622
774501:32:30,020 --> 01:32:32,100
7746of what we were able to show
7747about these nominee directors
7748
77491623
775001:32:32,120 --> 01:32:34,150
7751that really weren't contacts.
7752
77531624
775401:32:34,170 --> 01:32:37,110
7755And the UK government is now
7756supporting efforts to force
7757
77581625
775901:32:37,130 --> 01:32:41,010
7760transparency in overseas
7761tax havens that do that by
7762
77631626
776401:32:41,030 --> 01:32:44,020
7765introducing public registries
7766across the
7767
77681627
776901:32:44,040 --> 01:32:44,110
7770commonwealth countries.
7771
77721628
777301:32:48,130 --> 01:32:53,110
7774MARINA/EMILIA:
7775
77761629
777701:32:53,130 --> 01:32:55,100
7778WOMAN 5: Panama Papers
7779hasn't ended yet.
7780
77811630
778201:32:55,120 --> 01:32:56,120
7783It's still going.
7784
77851631
778601:32:56,140 --> 01:33:01,010
7787Every week, there's a new
7788Panama Papers development.
7789
77901632
779101:33:01,030 --> 01:33:04,040
7792Reporters are still in the
7793database and are still searching
7794
77951633
779601:33:04,060 --> 01:33:08,070
7797and still finding
7798things that we missed.
7799
78001634
780101:33:10,180 --> 01:33:13,120
7802MARISA: While there have been a
7803lot of investigations launched,
7804
78051635
780601:33:13,140 --> 01:33:17,220
7807including in the U.S., and there
7808have been a number of people all
7809
78101636
781101:33:18,000 --> 01:33:20,110
7812across the world who
7813have been arrested,
7814
78151637
781601:33:20,130 --> 01:33:25,070
7817there has been an element of
7818inaction in areas that really
7819
78201638
782101:33:25,090 --> 01:33:29,080
7822matter, reform that would
7823prevent these offshores from
7824
78251639
782601:33:29,100 --> 01:33:32,080
7827being created in the
7828way they are created.
7829
78301640
783101:33:32,100 --> 01:33:33,110
7832There was a lot
7833of talk about it,
7834
78351641
783601:33:33,130 --> 01:33:38,100
7837but yet, that hasn't
7838happened in a significant way.
7839
78401642
784101:33:40,170 --> 01:33:41,200
7842MAN 10: I think history has
7843shown that as important as
7844
78451643
784601:33:41,220 --> 01:33:45,160
7847Panama Papers are in revealing
7848this kind of underbelly of
7849
78501644
785101:33:45,180 --> 01:33:49,100
7852global finance and how it
7853ties into the whole inequality
7854
78551645
785601:33:49,120 --> 01:33:52,140
7857question, I think it also
7858will probably lead to a
7859
78601646
786101:33:52,160 --> 01:33:53,170
7862better mousetrap.
7863
78641647
786501:33:53,190 --> 01:33:54,170
7866GERARD: Will the scams go on?
7867
78681648
786901:33:54,190 --> 01:33:56,010
7870Will there be new ways found?
7871
78721649
787301:33:56,030 --> 01:33:57,170
7874Yes, of course.
7875
78761650
787701:33:57,190 --> 01:33:59,210
7878You know, they, it-it, you know,
7879the world will probably just get
7880
78811651
788201:33:59,230 --> 01:34:01,030
7883a bit more sophisticated.
7884
78851652
788601:34:01,050 --> 01:34:04,050
7887MATTHEW: There's a democratic
7888backsliding in the world in
7889
78901653
789101:34:04,070 --> 01:34:08,120
7892general, and I think that this
7893is taking journalism down
7894
78951654
789601:34:08,140 --> 01:34:09,190
7897with it.
7898
78991655
790001:34:09,210 --> 01:34:13,000
7901It's kind of strange
7902that, at that same time,
7903
79041656
790501:34:13,020 --> 01:34:16,130
7906it's a golden age for
7907investigative journalism.
7908
79091657
791001:34:16,150 --> 01:34:20,020
7911Our work has never been
7912as important as it is now.
7913
79141658
791501:34:43,190 --> 01:34:45,140
7916JOHN: But when it
7917takes a whistleblower to sound
7918
79191659
792001:34:45,160 --> 01:34:49,010
7921the alarm, it is cause
7922for even greater concern.
7923
79241660
792501:34:52,120 --> 01:34:54,060
7926It signals that democracy's
7927checks and balance have all
7928
79291661
793001:34:54,080 --> 01:34:58,120
7931failed, that the
7932breakdown is systemic,
7933
79341662
793501:34:58,140 --> 01:35:02,040
7936and that severe instability
7937could be just around the corner.