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Bribe, Swindle or Steal

Trust Us: Inside the Jersey Offshore Investigation

Bribe, Swindle or Steal

Alexandra Addison-Wrage of TRACE International

Business, News, Business News

4.9582 Ratings

🗓️ 13 September 2023

⏱️ 36 minutes

🧾️ Download transcript

Summary

Today's podcast is the first in a four-part guest series produced by the Global Reporting Centre and European Investigative Collaborations. The series tells the fascinating and little-known story about a trove of leaked documents exposing the machinations of a trust company in Jersey, Britain's notorious tax haven.

Transcript

Click on a timestamp to play from that location

0:00.0

I'm Alexandra Rocky, the host of bribe, swindle, or steel.

0:10.0

We have something a bit different for you this month. It's an excellent four-part series on the story of the Jersey Offshore Files,

0:17.0

a massive document leak that revealed a complicated financial web and sparked stories that are still unfolding.

0:24.3

We hope you enjoyed this lively series produced by the Global Reporting Center at the University of British Columbia and European Investigative Collaborations.

0:33.4

And now, episode one.

0:35.7

Imagine you're an investigative journalist.

0:38.3

You worked on one of the biggest collaborations of your time, the Panama Papers, a massive data leak involving millions of documents.

0:46.1

Countless stories gave the public a look inside the world of offshore banking.

0:50.3

That leak came from a law firm that helped stash wealth for rich, famous clients.

0:56.0

To keep their work secret, teams of journalists poured over the records for years before releasing the stories in carefully coordinated fashion.

1:05.0

Now you've scored a new trove of documents, some 350,000 files from another offshore financial company. It's relatively small,

1:14.3

but it's juicy. Where do you start? How do you entice other reporters to follow you into that

1:20.5

thicket to dedicate months to carving out stories from financial records? Turns out, that was the case for

1:26.9

Nikki Hager. My name is Nicky Hager, said Hager.

1:29.3

And I work as an investigative journalist in New Zealand.

1:32.3

Hager had been in contact with a pair of Americans,

1:35.3

Tanya Dick Stock and her husband, Derren Stock.

1:38.3

They held boxes of documents related to a family legal battle,

1:42.3

and they wanted his help to bring them to

1:44.8

light. Forty gears of transactions, memos, confidential files, all from a small company,

1:51.5

LaHouge, a trust company based in Jersey. That's the island in the English Channel, not Frank

1:56.9

Sinatra's home state. Hager knew he needed a way in. The company and its clients were obscure,

...

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