We haven't posted anything on the "Pandora Papers" in part because so much of the headline stuff is old news: Yes, wealthy people attempt to minimize taxes, yes kleptocrats move money around, both laundered and un-laundered, yes South Dakota is a a part of the ecosystem.
And on that note, a recent communication from a very smart tax advisor, who years ago pointed to South Dakota as a name that would be showing up in the headlines, a recent communication on a different aspect of the "Pandora Papers"reminded me of this visualization of London as the destination of so much of the loot.
From the Twitter feed of Finance Uncovered:
Watch how money from Nigerian elites flooded into London property #PandoraPapers pic.twitter.com/Z33J1A4HxT
— Finance Uncovered (@FinUncovered) October 6, 2021
Here's the story:
Pandora Papers: The secret London properties of Nigeria’s elite
