The Pandora Papers which were unveiled over the weekend released more than twelve million documents revealing systematic tax evasion by fourteen companies using offshore bank accounts to hide the assets of hundreds of high net worth clients, including more than 100 billionaires. The articles also highlight corporations and high net worth individuals using shell companies and trusts to hide assets ranging from art and antiques to yachts and real estate portfolios.
According to the Washington Post, Douglas Latchford, an accused antiquarian linked to looted Cambodian items, and his family set up trusts in tax havens shortly after US investigators linked him to stolen Cambodian items. It has now been revealed that he clearly forged invoices and other documents. He and his associates are believed to have used offshore companies to cover up wrongdoing in the global art trade.
Latchford, whose art collections have been on display at New York’s Metropolitan Museum of Art and the British Museum, allegedly used the offshore accounts to hide profits from the underground art trade. He was accused in 2019 of illegally donating important artifacts from the former Khmer Empire.
The British Museum in London and the Metropolitan Museum of Art in New York have come under criticism after purchasing several items from the dealer. The BM said they take many precautions to ensure that the items they acquire have not been stolen and that the standards of provenance have changed over the years.
A Banksy mural also appeared in the files, along with several paintings by Picasso, Modigliani and Monet. It’s “the tip of the iceberg,” an inside source revealed.
Veronica Ryan unveils first Windrush Commission monument
The unveiling of Custard Apple (Annonaceae), Breadfruit (Moraceae) and Corosop (Annonaceae) (2021) by Veronica Ryan OBE, the UK’s first permanent public sculptures to celebrate and honor the Windrush Generations. The works installed in Narrow Way Square by the St. Augustine Tower in east London are commissioned by the Hackney Council, curated and produced by Create London, and supported by the Art Fund with additional funding from the Henry Moore Foundation.
Ryan’s large-scale marble and bronze sculpture series represents and responds to Caribbean fruits and vegetables while alluding to movement, memory, and ideas of cultural exchange. Speaking of the inspiration for the artwork, Ryan said: âI have memories of going to the Ridley Road Market with my mother as a child to buy fruit and veg, fabrics and sewing supplies. . I did not know that these first experiences would become essential material for my artistic practice. ‘
Located on a pedestrian side of Mare Street, Custard Apple (Annonaceae), Breadfruit (Moraceae) and Corosop (Annonaceae) will be a permanent expression of solidarity with the Windrush Generations. The works are both a recognition of the community’s significant contribution to life in the Borough and in the UK and reflect the Borough’s continued commitment to provide refuge and welcome to migrants from around the world. âI like the idea that there is public works that define a different story,â Ryan noted recently. âSeeing representations of its cultural heritage in a public space is an affirmation – a proof that you belong here. “
LA Academy Museum opens
Los Angeles, September 30, 2021 â Officials representing the Academy Museum, the Academy of Motion Picture Arts and Sciences, the City and County of Los Angeles, the State of California and the community of Tongva gathered this morning in front of an invited audience of cultural experts and philanthropic leaders to dedicate the new cinema academy museum and declare it open to the public.
The Academy Museum is the largest museum in the United States devoted to the arts, sciences and film artists. The museum advances the understanding, celebration and preservation of cinema through inclusive and accessible exhibits, screenings, programs, initiatives and collections. Designed by Pritzker Prize-winning architect Renzo Piano, the museum’s campus contains the restored and revitalized historic Saban Building – formerly known as the May Company Building (1939) – and a burgeoning spherical addition. Together these buildings contain 50,000 square feet of exhibition space, two state-of-the-art theaters, an education studio, a restaurant, a retail store and beautiful public spaces.
Mayor Eric Garcetti, City Council Member (District 4) Nithya Raman, California Film Commission Executive Chairman Colleen Bell, Tongva Spiritual Leader Jimi Castillo and Tongva have joined the museum and academy leadership. of Cinema Arts and Sciences for the inauguration ceremony. Community leader Virginia Carmelo.
Museum representatives were Academy Museum President and Director Bill Kramer, Academy Museum Board Chair Ted Sarandos, Chair of the Academy Museum Inclusion Advisory Committee Effie T. Brown, Academy CEO Dawn Hudson and Academy President David Rubin.
In his speech, Mayor Garcetti announced that iconic buildings would be bathed in golden illuminations at night to accommodate the Academy Museum in Los Angeles. The Pacific Park Ferris Wheel on Santa Monica Pier, Union Station Los Angeles, US Bank Tower, GRAMMY MuseumÂ® and the Petersen Automotive Museum will be lit in gold.
Originally built for the May Company department store, Albert C. Martin, Sr. designed the Academy Museum’s 1939 Streamline Moderne Saban building. He was also the architect of the Art Deco Los Angeles City Hall in 1928.