The Pandora Papers and Malaysia’s uber rich: Is there corruption behind the secrecy of the offshore world?

Event title: The Pandora Papers and Malaysia’s Uber Rich: Is there Corruption Behind the Secrecy of the Offshore World?

Date: 27 October 2021, Wednesday

Time: 8.00pm – 10.00pm

Organised by: C4 Center

Facebook link: https://fb.me/e/W3pK3DK7

Speakers:

William Leong, MP Selayang
Dato’ Seri Mukhriz Mahathir, MP Jerlun
Aidila Razak, Special Reports Editor, Malaysiakini
Moderator: Cynthia Gabriel, Founding Director, C4 Center

Brief description:

The Pandora Papers’ issue opened up a Pandora’s Box of sophisticated and troubling challenges facing the global financial system today which must be urgently addressed to stem illicit outflow of funds, illicit trade and corrupt proceeds.

These problems continue to deprive struggling economies of much needed aid through tax returns, to pay for government procurement and services, access to medicines, clean water and more.

As we demand the government to set up a special investigative task force and for Parliament to expedite discussion on the issue, the forum saw panellists’ share their views on:

~ The scope of content exposed in the Pandora Papers and the reasons for capital flight out of the country, illicit financial flows and tax evasion;

~ The identification of (legal and financial) loopholes and what Malaysian authorities must do to plug the gaps in the system;

~ The role of the International Consortium of Investigative Journalists (ICIJ), its partners, and the need for greater protection for whistleblowers, and investigative journalists.