Pandora word came from" Pandora Box "of Greek Mythology which means a source of many troubles. Before the launch of Pandora papers ,we are already aware  about different kind of papers like Panama papers, Paradise papers but these papers were having different aspects and they were not actually affecting  the countries economy or values. But Panama papers have come up with different story and let's know from where they have come up in the headlines . Two years earlier ,The international consortium of investigative Journalists of more than 600 media journalists and spread in more than 117 countries secretly obtained 11.9 millions confidential documents related to financial companies and firms. In the list of ICIJ ,one Indian journalism company The Indian express also participated.

 Pandora papers are a financial data leak of super rich people of a country who hide their money to avoid taxes. These super rich peoples haven't deceived only their country but they have globally deceived the whole world economy.  In the list of these people around more than 300 peoples are from India and they all are mostly influential and renowned people whom we have saw on a television with white collar and giving us motivational speeches Like- One of the best cricketer - Sachin Tendulkar,Jackie shroff, Anil ambani ,Presidents ,Prime ministers ,Politicians of many countries etc.

How these people hide their money according to panama papers? According to Panama papers these rich peoples used to invest offshore means outside the border of the country like small islands BERMUDA, Panama and  small countries like Singapore etc. They used to open the small companies in other  countries where they can easily set up and run it as a trust and they have to pay very less taxes and the identity of owner is not identified easily. While if they will invest and do the same in India they will be easily identified and they have to pay a large amount of taxes in respect to other countries. These small countries and islands have been named as TAX havens. They use a third person to hide their identity like wealth manager ,tax lawyer etc. They give money to third person to setup companies on their identity and earning from that company are used to buy expensive things out of the country only in name of offshore companies. And all these secret information were investigated for 2 years and later revealed in Panama Papers. 

Anil Ambani has 18 offshore companies like Jersey, British virgin island and Cyprus etc. ,Sachin tendulkar have also invested in BVI. Tony Blair and his wife , Russian president Putin ,Imran khan all have been enrolled in Pandora papers. Few years earlier ,Panama papers have vanished Nawaz Sharif and his family.. let's see what panama papers are up to. Will the super rich people will be jailed or bailed .