Jordan king’s $100m offshore property empire exposed: report

Published by
Al-Araby

Jordanian King Abdullah II has been accused of secretly purchasing luxury homes worth tens of millions of dollars through front companies registered in tax havens, according to the Pandora Papers’s latest reveal on Sunday. An investigation led by the International Consortium of Investigative Journalists (ICIJ) purports to show that the monarch owns at least 36 front companies and has purchased 14 homes in the US and UK, worth over $106 million,. The investigation reveals that accountants in Switzerland and the British Virgin Islands formed shell companies on Abdullah’s behalf, enabling him to …

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *