Summary of Bastian Obermayer & Frederik Obermaier's The Panama Papers

By IRB Media

Get the Summary of Bastian Obermayer & Frederik Obermaier's The Panama Papers in 20 minutes. Please note: This is a summary & not the original book. Original book introduction: In early 2015, an anonymous whistle-blower led investigative journalists Bastian Obermayer and Frederik Obermaier into the shadow economy where the super-rich hide billions of dollars in complex financial networks. Thus began the ground-breaking investigation that saw an international team of 400 journalists work in secret for a year to uncover cases involving heads of state, politicians, businessmen, big banks, the mafia, diamond miners, art dealers and celebrities. A real-life thriller, The Panama Papers is the gripping account of how the story of the century was exposed to the world.

• Language: English
• Publisher: IRB Media
• Release date: Nov 25, 2021
• ISBN: 9781638158226

IRB Media

With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.

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Insights on Frederik Obermaier and Bastian Obermayer's The Panama Papers

Contents

Insights from Chapter 1

Insights from Chapter 2

Insights from Chapter 3

Insights from Chapter 4

Insights from Chapter 5

Insights from Chapter 6

Insights from Chapter 7

Insights from Chapter 8

Insights from Chapter 9

Insights from Chapter 10

Insights from Chapter 11

Insights from Chapter 12

Insights from Chapter 13

Insights from Chapter 14

Insights from Chapter 15

Insights from Chapter 16

Insights from Chapter 17

Insights from Chapter 18

Insights from Chapter 19

Insights from Chapter 20

Insights from Chapter 21

Insights from Chapter 22

Insights from Chapter 23

Insights from Chapter 24

Insights from Chapter 25

Insights from Chapter 26

Insights from Chapter 27

Insights from Chapter 28

Insights from Chapter 29

Insights from Chapter 30

Insights from Chapter 1

#1

After meeting with the anonymous source, the two journalists were surprised to discover that the documents they had were for a completely different person named after the company. They realized that they had been given a treasure trove of information on secret offshore companies, which could potentially lead to many great stories.

#2

The author and his team spent weeks going through the leaked documents, sifting through emails and company files. It took them only a few weeks to understand the basic business model behind Mossack Fonseca.

#3

Panama has always been an extremely dependent country. After gaining independence in 1903, the country became a US protectorate until 1999, when it was handed back to Panamanian control.

#4

Mossack Fonseca creates shell companies that are used to hide the true owners of funds and assets.

#5

The author and his team were able to track down the true owner of the company, which turned out to be a former colleague of Hans-Joachim K. ’s at Siemens, through a series of complex data searches.

Insights from Chapter 2

#1

Mossack Fonseca is a law firm that creates shell companies and offers services to hide the identities of the real owners. Sergei Roldugin is one of the firm’s clients, and he is connected to three of the firms that were connected to Putin.

#2

The exact structure of the Roldugin system is unclear, but it appears to involve a chain