Leaked documents with the classification of “top secret” from a Mossack and Fonseca Law Firm that has headquarters in Panama with branches spread in 40 countries occurred around April 2016. No less than 11.5 million highly classified documents related to 214,000 companies with data from the beginning of 1970-2016 leaked by hackers who succeeded in retrieving 2.7 terabytes of data from the law firm’s database, and then distributed to the public.
This leak was the biggest shock to the “underground” economic industry. Because so many documents leaked. The leaked document, later called the Panama Papers Scandal, was investigated and analyzed by 370 journalists from 76 countries around the world.
Mossack and Fonseca is a Law Firm founded by Jurgen Mossack and Ramon Fonseca in Manama, Panama, a country in Central America. This law office is responsible for overseeing and regulating the services of trusts and trust assets of a company. The main focus of this law firm is asset protection, tax and property planning. The company has more than 40 branches worldwide, known for being involved in this leak of the Panama Papers tax haven document.
Why is this a scandal because in the document it is stated that Mossack Fonseca helped the parties to set up a company without activities, without employees but seemed to be running on assets and finances only on paper. Like a shell company, there are only shells with no contents except for fraudulent financial records and are legally legal. Nearly all of these shell companies were established in the Pacific region, more than half of which were established in the British Virgin Islands and the rest in Panama, the Bahamas, the Seychelles, Niue and Samoa.
Most of these companies are made for illegal activities such as money laundering, tax avoidance, and as special purposes for Company vehicles. Although not all companies are created for the purpose of breaking the law, the potential for violation of the law is huge. Or the term “Legal But Not Ethic”.
Now this incident was later recorded by Jake Bernstein, a journalist who won the Pulizzer prize with the title “Secrecy World”. This book was later adapted into a film with the title “Laundromat” by Netflix with director Steven Soderbergh, with the script written by Scott. Z. Burns.
The film was opened by Gary Oldman who played Jurgen Mossack and Antonio Banderas who played Ramon Fonseca. Both of them narrated about the world economic system starting from the barter era to the sophisticated economic system as it is now. Games Online dan Offline
Then the story unfolded when Meryl Streep, who played Ellen Martin on a vacation with her husband, ended in tragedy after the boat she was traveling in sank and her husband died.
Insurance left by her husband apparently can not be claimed for various reasons by the insurance company. This condition made her curious and continued to investigate what actually happened. In her journey, she found various kinds of financial transactions that were ambiguous and confusing because there were so many layers in them.
She later discovered that there were many names of officials from various countries who on average made the shell company for illegal activities, from money laundering to infidelity.
This film uniquely explains the world of “shell company”, a company on paper without offices and employees and foreign accounts to the audience. It was also revealed the journey of illicit transactions and corruption that crossed China, the United States, Mexico, and the Caribbean.
A very interesting film of dark comedy genre that can explain something complicated into an interesting and memorable story.
Overall the film is cool, as usual Meryl Streep plays very well. The plot moves fairly quickly, but the message is conveyed and contained. For enthusiasts of this genre film will be fun watching this film.
Unfortunately, according to the latest news this film was sued by Mossack Fonseca on defamation. As well as being submitted for the cancellation of airing. The lawsuit was filed in a US federal court in Connecticut on October 13. However, Netflix did not immediately answer these demands.