Welcome back Reader!
A quick note – and some exciting news: next week our reporter Spencer Woodman will be taking the reins to tell you about an investigation he’s been working on. So stay tuned! (And don’t miss my bad jokes too much… !)
German officials have searched the offices of dozens of banks, financial advisers and wealthy individuals as part of a criminal probe into suspected tax evasion. It’s suspected these people used offshore companies – including a “former subsidiary in the British Virgin Islands of a major German bank” – to evade taxes.
The bank is understood to be Deutsche Bank and the former subsidiary Regula Ltd. Officials also said the “trigger” for the investigation were findings from our 2013 investigation, Offshore Leaks.
Today we’ve added an extra 16,000 records to our International Medical Devices Database. We built the database with the hope it would make things more transparent for patients and people considering a medical implant.
Time heals all wounds… right? European Commission president Jean-Claude Juncker has called his slow reaction to our 2014 Lux Leaks investigation one of the “biggest mistakes” of his presidency. Interesting, given the Commission’s first official response to the investigation came just a couple months ago – launching their first probe into a Luxembourg tax deal. Better late than never, right?
Still in Europe, and our reporter Simon Bowers spoke with Karlijn Kuijpers about life as a reporter in the Netherlands. It seems she’s quite accustomed to defending her work – which is often criticized for damaging economic growth. She explains the clash between economic gains and morality is referred to in the Netherlands as “the trader and the preacher.”
Until next week!
ICIJ's Community Engagement Editor