Hollywood star Emma Watson who shot to fame with the portrayal of Hermione Granger in the Harry Potter film series is the most recent one to be named in the ‘Panama papers’, the reason being having utilised an offshore company to purchase a property in the English capital.
Watson, who is also active in politics and is the United Nations Goodwill ambassador had apparently established a company named ‘Falling Leaves Ltd’ in the British Virgin Islands, in order to purchase a 2.8 million pound home in the London, state sources. The actress had set it all up through the Panamanian firm Mossack Fonseca, back in 2013, shortly before purchasing the property. The charges were not denied by her when one of her spokespersons, was contacted.
The law firm has been at the core of a major leak of about 11.5 million documents, and is being making news ever since.
-What are the Panama Papers?
The Panama Papers are an unparalleled and never heard-of leak of approximately 11.5m files, from the huge database of the world’s fourth largest offshore law firm, Mossack Fonseca. The enormous data was reportedly gathered from a source anonymously, by a German newspaper Süddeutsche Zeitung, which then shared the details with the International Consortium of Investigative Journalists (ICIJ), and eventually to the world. The papers portray the explicit ways in which the upper classes can ‘exploit secretive offshore tax regimes’.
Dignitaries such as Donald Trump, Emma Watson, Stanley Kubrick, Simon Cowell, and Heather Mills are among those who have been named in the leak as of yet.
Source and picture(s): Agencies.
Tags: Panama Papers
