The Australian Tax Office will investigate data from the Pandora Papers, which contain around 12 million leaked documents revealing the offshore accounts of well-known political figures. Will Day, the ATO’s deputy commissioner and chief of the Serious Financial Crime Taskforce (SFCT) will probe the data leak to identify any possible offshore tax evasion. “We are well connected locally and globally in our efforts to fight financial crime. We will certainly look at this data set and compare it with the data we already have to identify any potential connections,” Day said in a press release on Oct. 4. He noted that being named in the data leak did not automatically guarantee that a person was guilty of a crime. “There are a range of legitimate reasons that someone may have for an offshore bank account or structure. We know most Australians do the right thing. However, there are some who …