I worked at a semi-prominent investment firm and getting in with the sovereign wealth funds was their end-game, too. They were chomping at the bit to cozy up to the Saudis. I believe the Pandora Papers thoroughly confirmed how fucked we’ve been for a long time, but nobody has come close to doing them justice, and possibly never will. That’s the whole point of offshore accounts in countries built to shelter rich people–the secrets are well-guarded, by design.
I worked at a semi-prominent investment firm and getting in with the sovereign wealth funds was their end-game, too. They were chomping at the bit to cozy up to the Saudis. I believe the Pandora Papers thoroughly confirmed how fucked we’ve been for a long time, but nobody has come close to doing them justice, and possibly never will. That’s the whole point of offshore accounts in countries built to shelter rich people–the secrets are well-guarded, by design.