Paul Radu Explains How to Track Offshore Companies

April 1, 2011
As part of BIRN's Summer School of Investigative Reporting, Paul Radu has tried to explain, by going through personal experience, how to track organised crime over borders and offshore.

“What we’ve been trying to do these days is to explain that offshore doesn’t necessarily needs to be an island but an offshore type of company can be established in countries like Austria, Delaware in the US or in some other country in the world.

Radu went on to explain that there are still ways of getting information on offshore heavens.

Therefore, he has presented his new project named the Investigative Dashboard as useful tool for getting the information.

“The Investigative Dashboard is service which provides information to journalists but also provides access to experts,” he said.

The experts hired by the Investigative Dashboard would, according to him, provide information on what journalists can and cannot do when it comes to obtaining information from offshore heavens.

As owners of the companies are usually hidden being replaced by proxies, Radu has suggested some tricks on how to get name of the real owner. One of the ways is to ask a proxie how to spell his/her name correctly in order not to make in mistake since the name would be published in a story. In such situations, the proxie would usually point to real owner of the offshore company.