FAQ: The world of secret money

What is offshore finance and why does it matter?

A trove of secret files details the financial universe where global elite shield riches from taxes, probes and accountability. (Video: Sarah Hashemi, Luis Velarde/The Washington Post)
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The Pandora Papers is an investigation based on more than 11.9 million documents revealing the flows of money, property and other assets concealed in the offshore financial system.

The Washington Post and other news organizations exposed the involvement of political leaders, examined the growth of the industry within the United States and demonstrated how secrecy shields assets from governments, creditors and those abused or exploited by the wealthy and powerful. The trove of confidential information, the largest of its kind, was obtained by the International Consortium of Investigative Journalists, which organized the investigation.

Here are some key questions and answers:

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