There are a lot of questionable things going on in the world right now. For some reason, people seem to want to blame President Donald Trump for everything that happens around the world, even when he has nothing to do with it. That is what we are seeing again. There was a massive leak of documents that show some of the most influential people in the world hiding their money in overseas tax-havens. Though we might have already known about this, it might comes a surprise to see who is involved.
There are many names mentioned in the leak. That in includes the Queen of England, Queen Elizabeth, Bono and members of the Trump cabinet.
This is the largest haul of leaked evidence since the Panama Papers came out last year. From what has come to be known as the ‘Paradise Papers’ we see 13.4 million files that show the offshore wealth of some of the world’s richest people.
The leak came from a firm called Appleby, which reportedly “advises clients on legitimate and lawful ways to conduct their business.” This is coming from a statement given recently.
“There is no evidence of any wrongdoing, either on the part of ourselves or our clients.”
However, unlike the Panama Papers, there is no criminal activity in this years leak. This only revolves around who was involved.
One of the things that came out is the fact that the Queen’s estate could have invested significant amounts of money in tax havens. President Trump’s commerce secretary, Wilbur L Ross Jr, is also brought up as a person of interest. He owns shares in a firm that deals with Russian companies that are currently under investigation.
Appleby apparently runs offices in very famous offshore account places like the British Virgin Islands and Bermuda. If this isn’t proof, then what is?
It is surprising to see the Queen get dragged into all of this. This is not someone that you would expect to see in this kind of story. But it does show that the world’s richest are going to do everything to stay at the top.