Over 330 current and former politicians identified as beneficiaries of secret accounts, KNEWS


A huge leak of financial documents released on Sunday by several major news organizations reportedly linked world leaders to secret wealth stocks, including King Abdullah of Jordan, Czech Prime Minister Andrzej Bremen and Prime Minister Andrei Bredo.

According to Reuters, the leak of more than 11.9 million files, representing 2.94 terabytes of data, came five years after the leak known as the “Panama Papers”, which exposed how the rich are hiding from money so as to be undetectable by the authorities.

The Washington-based International Network of Investigative Journalists (ICIJ), which is an international network of investigative and press reporting organizations, reports that the cases are linked to some 35 outgoing heads of state and government and alumni from 91 countries and territories.

It does not say how the files were obtained and Reuters could not independently verify the allegations or documents submitted by the network.

The King of Jordan, a close ally of the United States, is said to have used offshore accounts to spend more than $ 100 million on luxury homes in the United Kingdom and the United States.

The King of Jordan, a close ally of the United States, is said to have used offshore accounts to spend more than $ 100 million on luxury homes in the United Kingdom and the United States.

London-based law firm DLA Piper, which represents the King, told the ICIJ that “it has never abused public money or aid or support groups intended for a public use “.

The Washington Post, which is part of the partnership, also writes about the case of Svetlana Krivonogich, a Russian woman who, according to the newspaper, became the owner of an apartment in Monaco through a coastal company based in the Caribbean island of Tortola. in April 2003, just a few months after giving birth to a baby girl. At the time, she had a long-standing secret relationship with Putin, the newspaper added, citing Russian investigative media Proekt.

The Washington Post writes that neither Krivonogich, her 18-year-old daughter, nor the Kremlin responded to requests for comment on the article.

Days before the Czech parliamentary elections on October 8 and 9, documents were released linking the prime minister to a secret estate in a mountain village near Cannes, France, worth $ 22 million.

Speaking in a televised debate on Sunday, Mr Babis denied any wrongdoing. “The money left a bank in the Czech Republic, was taxed, it was my money and it was returned to a bank in the Czech Republic,” he said.

The documents also refer to Indian businessman Anil Abani and his representatives who appear to own at least 18 coastal companies in Jersey, the British Virgin Islands and Cyprus, according to Indian Express.

Seven of those companies, created between 2007 and 2010, have borrowed and invested at least $ 1.3 billion, according to the report.

In 2020, following a dispute with three state-owned banks in China, Abani, head of the Reliance group, told a London court that its assets were zero.

An anonymous lawyer told the newspaper on behalf of the businessman that “our client is a tax resident of India and has made statements to Indian authorities as required and in accordance with the law.
“When making the statement to the London court, all required issues were taken into account. Reliance Group operates worldwide and companies are established in different jurisdictions for legitimate business purposes and comply with regulatory requirements “, he added.

Mr Abani himself did not immediately respond to a request for comment.

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