Advertisement
Singapore markets open in 3 hours 35 minutes
  • Straits Times Index

    3,293.13
    +20.41 (+0.62%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • Dow

    38,460.92
    -42.77 (-0.11%)
     
  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     
  • Bitcoin USD

    64,082.11
    -2,221.54 (-3.35%)
     
  • CMC Crypto 200

    1,385.35
    -38.75 (-2.72%)
     
  • FTSE 100

    8,040.38
    -4.43 (-0.06%)
     
  • Gold

    2,328.90
    -13.20 (-0.56%)
     
  • Crude Oil

    82.84
    -0.52 (-0.62%)
     
  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     
  • Nikkei

    38,460.08
    +907.92 (+2.42%)
     
  • Hang Seng

    17,201.27
    +372.34 (+2.21%)
     
  • FTSE Bursa Malaysia

    1,571.48
    +9.84 (+0.63%)
     
  • Jakarta Composite Index

    7,174.53
    -7,110.81 (-49.78%)
     
  • PSE Index

    6,572.75
    +65.95 (+1.01%)
     

Paradise Papers: Which famous figures are named in leak of secret tax details?

The private business dealings of Prince Charles’s Duchy of Cornwall estate have been exposed through the Paradise Papers.

His is the latest high profile name to be linked with the huge leak of tax avoidance documents, following earlier revelations relating to his mother, the Queen, F1 champion Lewis Hamilton and three cast members of hit BBC comedy Mrs Brown’s Boys.

While the Queen may have had little or no idea of the £10m of her private money invested in an offshore tax haven, the Paradise Papers leak shows just how widespread the practice is.

Despite successive UK governments and world bodies pledging to tackle the issue, the super-rich are still able to siphon their money – perfectly legally – into tax avoidance schemes to ensure that they get a lot richer every year.