The "Paradise Papers", Switzerland and Commodities
Report Public Eye, 2017
The Paradise Papers, the latest leak from the International Consortium of Investigative Journalistse (ICIJ), confirms what Public Eye has been saying for years: Commodity trading is Switzerland’s most dangerous business. The serious allegations against Glencore – of aggressive tax optimisation, corruption, and conflicts of interest – once again bear witness to Switzerland's hand in the resource curse, as well as the federal authorities’ unacceptable passivity.