Home > Economy > Citing Panama Papers, Warren announces plan to fight global corruption | ICIJ

Citing Panama Papers, Warren announces plan to fight global corruption | ICIJ

U.S. Sen. Elizabeth Warren, a leading Democratic candidate for the United States 2020 presidential election, has announced a suite of policies aimed at ending global corruption, and cited the Panama Papers investigation as a key reference point for the plan.

In a statement on Tuesday the Massachusetts senator pledged to introduce laws to collect standardized information on the real owners of shell companies around the U.S., and also said she would aim to increase collaboration between governments to combat tax evasion and financial secrecy. According to transparency advocates Jubilee USA, the U.S. is the second-easiest country in the world after Kenya to open a shell company.

Warren’s plan referenced multiple high-profile revelations from the Panama Papers that involved “shell” companies – businesses that exist only on paper.

Source: Citing Panama Papers, Warren announces plan to fight global corruption – ICIJ

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