Monday, November 6, 2017

Queen named in Paradise Papers for Offshore Investments

After Panama Leaks that rocked the world and specially of the politicians and billionaires, here comes its second version: The Paradise Leaks.

The Leaks reveal British Queen has over £ 10 million invested in offshore tax havens. Reportedly, millions of pounds from Queen's private estate invested in Cayman Islands fund.

The Paradise Papers also include names of Donald Trump's cabinet members including US secretary of state, while newly-uncovered $450m offshore trust sheltered the wealth of Lord Ashcroft.

The Paradise Papers also reveal that U2 frontman Bono used a company based in Malta to invest in a Lithuanian shopping centre.

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