How Mass Media is Spinning the “Panama Papers” to the Elite’s Advantage
Described as the “biggest data leak in modern journalism”, the Panama Papers reveal global corruption of the financial elite. This “leak” is however carefully controlled and targeted towards specific individuals in order to serve the true elite’s agenda.
An anonymous source contacted journalists around the world a year ago and provided them with over 2.6 terabytes of data from Mossack Fonseca, a notorious Panamanian law firm which sells anonymous offshore companies to the financial elite. The documents were obtained by the German newspaper Suddeutsche Zeitung (SZ) and shared with the International Consortium of Investigative Journalists (ICIJ).
On April 3rd, several news sources revealed simultaneously the story, effectively centering worldwide media attention around this single issue. The massive leak – dubbed the Panama Papers – includes over 11.5 million documents and implicates 72 current and former heads of state.
Although the leak reveals a gigantic system of global corruption around the world, it curiously names very few powerful figures in the U.S., Britain and the Western world. On the other hand, many of the “wrongdoers” happen to be “outsiders” or at odds with the Western elite. In fact, many of the people named by the leak are associated with regimes that the elite is looking to destabilize. Are the Panama Papers carefully orchestrated to target specific individuals?