By: Sophia Yang, Taiwan News, Staff Writer
The International Consortium of Investigative Journalists (ICIJ) published on Monday a searchable database carrying nearly 214,000 offshore entities created in 21 jurisdictions, from Nevada to Hong Kong and the British Virgin Islands. Among which, 2,906 offshore entities are owned by Taiwanese citizens and companies registered in Taiwan, while some of them are no longer active. The searchable database is, however, found to list Taiwan as a “Province of China” and Taiwan’s representative has reportedly issued a letter asking for a correction.
The correction was made within a day.
The database only discloses part of the Panama Papers investigation and is the largest-ever release of information about offshore companies and the people behind them, according to ICIJ. The database also displays information about more than 100,000 additional offshore entities ICIJ had already disclosed in its 2013 Offshore Leaks investigation.
ICIJ, however, is not disclosing raw documents or personal information en masse, including bank accounts, email exchanges and financial transactions contained in the documents. The database does contain a great deal of information about company owners, proxies, and intermediaries in secrecy jurisdictions. [FULL STORY]