The office, known as Global High Wealth, had been a hiring priority under the Biden administration. Before the cuts, it employed 353 people and appears to have been hit particularly hard by the current round of terminations because of its large share of newer employees who were still on probationary status, the new data shows. Now composed of 220 employees, the unit is tasked with some of the agency's hardest work: auditing people whose income or assets reach into the tens of millions of dollars and beyond, sometimes untangling intricate tax-dodging structures created by white-shoe attorneys and major accounting firms. Read more here. IFC DELAYED DAMNING REPORT ON RUBBER PLANTATION The World Bank's private investment arm delayed for more than a year the release of a watchdog report that detailed its failure to adequately address alleged land grabs, environmental pollution and other serious harms at a rubber company it financed in Liberia. TRUMP THREATENS REPORTERS WITH RETURN TO REGIMES Reporters for Radio Free Asia, Radio Free Europe/Radio Liberty and Voice of America could be forced to return to repressive countries where their work puts them at risk of persecution and imprisonment following an executive order from President Donald Trump. SERVICE PROVIDER SPOTLIT BY PANDORA PAPERS SHUTS DOWN The Seychelles Financial Services Authority revoked the licenses of Alpha Consulting after an investigation by Finance Uncovered, the BBC and Seychelles Broadcasting Corporation into the provider's business of creating anonymous U.K. shell companies. The investigation unearthed evidence hidden within Pandora Papers documents. ICIJ MEMBER'S NEW BOOK EXPLORES LITTLE KNOWN SPY "The Invisible Spy," a new book by investigative journalist and ICIJ member Thomas Maier, reveals the story of Ernest Cuneo, one of the most powerful spies of the World War II era. Maier sat down for a Q&A with ICIJ ahead of the book's launch on March 25. Thanks for reading! Carmen Molina Acosta ICIJ's digital producer P.S. If you've enjoyed our coverage, remember to tell your friends and family and share our work on social media. Send them an email now! |