Shakira and Claudia Schiffer among celebrities named in Pandora papers leak
Singer Shakira and model Claudia Schiffer are among the prominent figures whose financial relationships were probed in the Pandora Papers leak.
The documents, which were obtained by the International Consortium of Investigative Journalists (ICIJ), are a collection of 12 million documents from 14 financial services companies that detail how several individuals used offshore accounts to accumulate wealth and carry out transactions.
The Pandora Papers, the result of an 18-month investigation, uncovered the financial transactions of 35 current and former world leaders and more than 330 politicians and officials, as well as “a global list of fugitives, crooks and murderers “. according to the ICIJ report.
It is alleged in the newspapers, studied by reporters from over 100 media outlets, that Shakira has placed assets in offshore entities in the British Virgin Islands.
However, a lawyer for Shakira – by her full name Shakira Isabel Mebarak Ripoll – said the Colombian singer had declared her businesses, which do not provide tax benefits, according to the ICIJ.
Likewise, representatives for German fashion star Schiffer responded to the report saying the star pays her taxes in the UK, where she is based, according to the ICIJ.
News week has contacted representatives for Shakira and Schiffer for comment.
King Abdullah II of Jordan is also on the list, accused of secretly building a secret $ 100 million real estate empire between the United States and the United Kingdom. The King of Jordan said in response to the report that there was no irregularity in his owning properties through offshore companies, per The Guardian.
With files covering the financial activities of public figures in more than 91 countries and territories, close associates of Russian President Vladimir Putin have been named in newspapers, and more than 130 billionaires from Russia, Turkey and the United States, between other nations.
World leaders named in newspapers include the Presidents of Ecuador, Kenya and Ukraine, the Prime Minister of the Czech Republic and former British Prime Minister Tony Blair.
The Pandora Papers are the latest headlines that focus on Shakira’s financial affairs, after it was revealed in July that a Spanish judge had recommended that she stand on trial for tax evasion in the country.
Shakira has been accused of avoiding paying 14.5 million euros (approximately $ 16.4 million) in taxes. She was accused by prosecutors of failing to pay taxes between 2012 and 2014, despite her tax residency in Spain.
“Shakira Isabel Mebarak Ripoll stopped paying taxes in Spain during the years 2012, 2013 and 2014, although she had the obligation to do so since her tax residence was here”, El País cited Judge Jesús Juberías in court documents.
In response to the allegations, Shakira said she lived in the Bahamas – where no income tax is paid – during the years in question and that she visited Spain only “sporadically”.
However, prosecutors said the singer resided in Barcelona as she was in a relationship with football star Gerard Pique, who played for Liga club FC Barcelona for several years.
In a previous statement, representatives for Shakira said the “Whenever, Wherever” singer earns most of her money from international tours and has spent no more than six months a year living in Spain.
“Shakira has always fulfilled her tax obligations in all the countries in which she worked, including between 2011 and 2014,” the statement said, by The daily mail. “She followed the advice and precise recommendations of her advisers, who are top professionals from one of the world’s largest companies.”