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NEW PANAMA PAPERS LEAK REVELS BILLIONAIRE GEORGE SOROS'S LINK TO WEAPONS AND
INTELLIGENCE DEALINGS


BY AMY LAMARE ON MAY 28, 2016 IN ARTICLES › BILLIONAIRE NEWS



Well, how is this for irony? George Soros is the main benefactor of the
International Consortium of Investigative Journalists (ICIJ), the journalists
that are exposing the people in the so-called Panama Papers. His Open Society
philanthropy gave the group $1.5 million last year. Now those very same
journalists have found their benefactor in an unsavory position within the
Panama Papers.



Soros is tied to three offshore investment companies: Soros Finance, Inc.
incorporated in Panama; Soros Holdings in the British Virgin Islands and Soros
Capital, a limited partnership based in Bermuda. The laws of these three
countries as well as a number of other "tax havens" allow foreign companies (and
very wealthy individuals) to hide cash, real estate, and other assets from tax
collectors and securities regulators in the countries where they reside and
actually do business. This isn't illegal, but President Obama has called for the
tax loophole to be eliminated, reasoning that everyone should pay their fair
share of taxes.

Blown Fortunes

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The Panama Papers reveal that Soros Capital set up an offshore company in the
Cayman Islands so that it could invest in the Carlyle Group, alongside members
of the Bin Laden family. Ex-heads of state and former CIA officials make up the
partners of the Carlyle Group. The private equity partnership deals in buying
and selling weapons manufacturing and intelligence gathering companies that have
government and military contracts.



George Soros has a net worth of $25 billion. The 86-year-old is the sole
proprietor of Soros Fund Management LLC. In July 2011, Soros closed the
multi-billion-dollar fund to all but members of his immediate family. This
allowed him to escape the Dodd-Frank Act, which required hedge fund managers to
disclose investors and conflicts of interest. That seems awfully convenient in
retrospect, now that the Panama Papers have revealed his involvement with the
Saudi Arabian Bin Laden family and weapons deals.


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George Soros Articles
 * Billionaire Of The Day: George Soros Has Plenty to Give Away
 * Brexit Decision Sets Up MA$$IVE Win For George Soros
 * Debunking The Conspiracy Theories About George Soros And How He Spends His
   Money

Related Articles

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 * GEORGE SOROS' LATEST DONATION BOOSTS LIBERAL CHARITY, ENRAGES PRO-LIFE
   ADVOCATES

 * BILLIONAIRE GEORGE SOROS ANNOUNCES $220 MILLION PLEDGE TOWARDS RACIAL JUSTICE

 * MORE THAN $500 MILLION HAS BEEN RECOVERED SINCE THE RELEASE OF THE PANAMA
   PAPERS

 * AFTER THE PANAMA PAPERS LEAKS, MORE AND MORE BILLIONAIRES ARE HIDING THEIR
   ASSETS

 * CHINA TOPS PANAMA PAPERS LIST OF PEOPLE AND COMPANIES HIDING MONEY IN
   OFFSHORE ACCOUNTS


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