Carole Parnell donated @MagaMutt
16 November, 10:00
💲 Paradise Papers helps reveal Illinois governor candidate’s offshore connections

Chicago Tribune reporters used ICIJ’s data to debunk claims by Democratic governor candidate J.B. Pritzker

Pritzker maintained that offshore trusts linked to his name were set up by his grandfather, who died in 1986

“Any trusts for my benefit that are offshore, I have received no distributions from, and those trusts are only providing charitable contributions,” Pritzker said “That’s all that they do”

Chicago Tribune obtained access to the Paradise Papers, a cache of more than 13 million documents leaked from offshore jurisdictions around the world that was at the heart of the International Consortium of Investigative Journalists investigation last year. The files included details about Pritzker’s links to offshore tax havens that appeared to counter his earlier assertions

https://www.icij.org/inves...

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Carole Parnell @MagaMutt
đź’˛ Penny Pritzker and the Paradise Papers

This isn’t the first time the Pritzkers’ offshore ties have emerged in the Paradise Papers

Documents show that on June 27, 2013 – two days after her confirmation – Pritzker transferred shares in IAS Holdings and Triton Container to Delaware-registered DRBIT Investors LLC, which Appleby documents identify as being “owned by trusts that are for the benefit of Penny Pritzker's children.” A separate Appleby document lists DRBIT Investors’ mailing address as the same as Pritzker’s investment firm, PSP Capital. Triton are simply listed as having been sold.

Penny Pritzker also showed up in Appleby’s records as shareholder of the Bermuda company THL Ltd. Pritzker’s ethics agreement states that her stake in THL, listed as worth between $500,000 and $1 million, was sold on the same date she transferred shares in IAS Holdings and Triton Container to DRBIT Investors

https://offshoreleaks.icij...
10:11 PM - Nov 16, 2024
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