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The British Queen has been financing offshore for £ 10m
Mon Nov 06, 2017 7:19 am
About £ 10 million in royalties from Queen Elizabeth II were invested in offshore
Such data are contained in a new dossier exposing Paradise Papers, sends B BC.
Offshore funds in Cayman and Bermuda were invested by the Duchy of Lancaster, which manages the queen's personal funds.
The British media pay attention to the fact that one of the offshore funds that received the money of the queen, has invested in a company that controls BrightHouse. This financial institution issued microloans at 100% per annum. In October, British regulatory authorities found violations in BrightHouse and ordered the company to pay customers a compensation of nearly 15 million pounds.
The Duchy of Lancaster reported that it had nothing to do with how offshore funds chose investment objects, and the queen did not know the details of where her money was invested.
In the very fact of such investments there is nothing illegal, underlines BBC News, there is also no suspicion that Elizabeth II tried to evade taxes. The
The International Journalistic Investigation Consortium has published documents that are comparable in scale to the source of information from Mossack Fonseca in 2016. This scandal is known as the Panamanian Archives.
espreso.tv , Original in Ukrainian / Українською мовою
Such data are contained in a new dossier exposing Paradise Papers, sends B BC.
Offshore funds in Cayman and Bermuda were invested by the Duchy of Lancaster, which manages the queen's personal funds.
The British media pay attention to the fact that one of the offshore funds that received the money of the queen, has invested in a company that controls BrightHouse. This financial institution issued microloans at 100% per annum. In October, British regulatory authorities found violations in BrightHouse and ordered the company to pay customers a compensation of nearly 15 million pounds.
The Duchy of Lancaster reported that it had nothing to do with how offshore funds chose investment objects, and the queen did not know the details of where her money was invested.
In the very fact of such investments there is nothing illegal, underlines BBC News, there is also no suspicion that Elizabeth II tried to evade taxes. The
The International Journalistic Investigation Consortium has published documents that are comparable in scale to the source of information from Mossack Fonseca in 2016. This scandal is known as the Panamanian Archives.
espreso.tv , Original in Ukrainian / Українською мовою
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