Article Archive

HOW DO public officials with secret offshore accounts react, when found out? The PCIJ confronted a senator, a congressman, and two former government executives with questions about secret accounts that each had opened separately in offshore havens. It’s diff’rent strokes for diff’rent folks.

IN TEN out of the 13 Statements of Assets, Liabilities, and Net Worth (SALN) that she filed as member of Congress from June 1998 to June 2007, Ma. Imelda ‘Imee’ R. Marcos, eldest daughter of the late strongman Ferdinand E. Marcos and incumbent Ilocos Norte Rep. Imelda R. Marcos, had reported fairly moderate gains in her wealth.

The International Consortium of Investigative Journalists’ exploration of the secretive world of offshore companies and trusts began after a computer hard drive packed with corporate data and personal information and e-mails arrived in the mail. Gerard Ryle, ICIJ’s director, obtained the data trove as a result of his three-year investigation of Australia’s Firepower scandal, a case involving offshore havens and corporate fraud.