April 3, 2016 might go down in history as one of the most important days in modern journalism. On that day 149 documents were released about the offshore dealings of key business and political leaders and their associates from around the world. The documents were the tip of an enormous data iceberg. They were just some of the 11.5 million documents from a Panama-based corporate services provided named Mossack Fonseca that were leaked to media organizations worldwide.
Clearly, this breach of corporate security by an inside source far exceeds the materials released by Edward Snowden in 2013 in terms of scope and volume. The question here is will this leak (and we do not know the whistleblower except by the pseudonym “John Doe”) change anything? Beyond embarrassment, will there be prosecution, reform, or just a scandal that is forgotten in three months or so? What do you think? Please log in and give us your opinion on this matter.
Photo: Edward Snowden by coolloud via flickr
Hong Kong: Panama Papers Won’t Change Anything: EJInsight