The "Paradise Papers", Switzerland and Commodities

A Public Eye analysis

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.