Top 10 World’s Richest People Hide Their Money Offshore; Panama Papers Leak List
Corruption in the world is now increasing day by day but the question is here that which are people involved in such a big corruption and where they sent their money. According to recent reports in corruption most of the big pillars of the country involved like politicians, ministers and other big authorities, but where they keep their money whether it is came from their own sources or corruption.
According to reports that most of the Prime Ministers, Presidents and their relatives off shore their money to keep away to pay tax in their country but all those named in this list according to reports have denied any wrongdoing and there is no proof many named as clients of the firm were involved in anything illegal or improper.
But according to international news it is been reveal that almost 140 people including politicians and public authorities are involved in offshore their money and resources.
So here is the list of Top 10 world’s richest people hide their money offshore.
10: Ex-Vice-President of Iraq, Ayad Allawi
Ex Vice President of Iraq Ayad Allawi is also involved in off his money and resources because he was appointed as vice President of Iraq in year between 2014 to 2015 and he was also interim minister of his country from 2004 to 2005. As He was appointed interim prime minister of Iraq in June 2004, Mr Allawi’s time in the post was reported to have been noticeable by allegations of widespread corruption in the country, as well as association with the US and a hardliner security carriage that led some Iraqis to label him Saddam without a moustache. So in 2013 the name property that was in his name and estimated value of this property is about 1.5 million dollars and he has also offshore company, Moonlight Estates Limited, also has a property in London on his name.
9: Alaa Mubarak
Alaa Mubarak, his brother Gamal and father were in custody in April 2011, two months after Hosni Mubarak resigned the presidency in the face of a popular revolution were sentenced in May 2015 to three years in jail for embezzling millions of dollars in state funds planned for the restoration of palaces. A Cairo criminal court frees Alaa and his brother in October 2015, acknowledging the time they served in jail since their arrests. The brothers still face tryout on charges of insider trading. Their father remains in custody in a military hospital. So according to reports that Alla has owned Virgin island firm and he has his father was arrested in 2011 when his father resigned from Presidency. So due these he has also declared in this list.
8: Petro Poroshenko, President of Ukraine
Petro Poroshenko which is now the president of Ukraine is also included that he has also off shore resources as he has denied to do so and he tweeted couple of days earlier that they accept that they have a lot of corruption still in their country and we have to take strong steps over this to solve and clean from country but according to reports that President is also involved in this. A Cyprus law firm representing the newly acquired company described it as a holding company of Cyprus and Ukrainian companies of the Roshen Group, one of the biggest European manufacturers of confectionery products and it is also asked that president has these assets from a man in politics and that man has no work of politics at all and during his campaign he has given to that man.
7: Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates
Khalifa Bin Zayed Al Nahyan is not only the President of United Arab Emirates but also Emir of Abu Dhabi and he came on this post after the death of his father in 2004, according to foreign reports he is now the owner of all more than 30 companies which are outside his country that are in British Virgin island therefore by these profit and money from these companies he also bought beautiful properties in different areas of the world including Mayfair and Kensington in London which has worth about 1.7 billion dollars and now companies and properties are in the name of his wife sons and daughter and according to reports they are not telling about their resources and hesitant to told that therefore he is also included in this list of offshore money.
6: Close friend of Vladimir Putin, President of Russia, Sergei Roldugin
Sergei Roldugin is a close friend of President of Russia Vladimir Putin is also World class Professional cellist as he is also godfather of eldest daughter of Putin. According to reports couple of years ago when he talked to New York Times he claimed that he is not a millionaire ma he just have a car, an apartment and a dacha and he has no millions of Dollars but according to recent reports it is totally wrong because this man is owner of three offshore companies: Sonnette Overseas, International Media Overseas and Raytar Limited. St. Petersburg-based Bank Rossiya, which the U.S government described as Russia’s “personal bank for senior officials and instead of these has also created a new company which has worth almost 200 million dollars therefore he is also included in this list.
5: Sigmundur Davíð Gunnlaugsson, Prime Minister of Iceland
Sigmundur Davíð Gunnlaugsson, Prime Minister of Iceland as he to see financial crash during campaign in year 2008 and doesn’t forget that his wife, Anna Sigurlaug Pálsdóttir, is the daughter of a wealthy Toyota dealer in Iceland but according to reports Prime Minister has also offshore resources in other countries which is owned by Prime Minister in British Virgin Islands shell company called Wintris Inc., which held nearly $4 million in bonds in the three major Icelandic banks so it is not clear that political life giving him benefit or not but according to reports it is been told that he sold his 50 % shares in 2009 and in 2013 he was also considered as political exposed person but instead of all he has better money in Offshore.
4: Former Emir of Qatar, Sheikh Hamad bin Khalifa Al Thani
Sheikh Hamad Bin Khalifa Al Thani was the Emir of the Qatar as Qatar is now the richest country of the world with Income per capita in the world that is most. He was the Emir from 1995 to 2013 for almost 18 countries as he handled this post to his own son so according reports it is been told that after his resignation from his post in 2014 he was interested to buy a company in British Virgin island and he has also share in two companies in south Africa as from 2013 Al Thani was also the majority shareholder of Yale’s S.A and Rienne S.A which held a term deposit with the Bank of China so in all companies another share of his family member also include which was also minister an d prime Minister of the country.
3: Nawaz Sharif, Prime Minister of Pakistan
Mian Muhammad Nawaz Sharif is now Prime Minister of Pakistan as his family is the fourth richest family all over Pakistan as he has lot of mills and companies in country including Rice mills, flour mills, sugar mills and many other mills but talked about tax paid then resources of this family not even spoke right because they do not pay as much tax as they have right to pay for their country. Hassan Nawaz is son of prime minister who moves to London over 16 years ago and running their family business there and Mariam Nawaz is running political party with him and Shahbaz Sharif who is chief Minister of Punjab so this family ha slot of authority therefore estimated business and property of this family has worth more than 13.7 million dollars which are offshore.
2: Salman, King of Saudi Arabia
Salman is now king of Saudi Arabia as they are kings from their inheritance therefore he became king of the country after the death of his brother Shah Abdul Aziz. According to reports King Salman held an unspecific responsibility in Luxembourg Company Safason Corporation SPF S.A, which was the shareholder of Verse Development Corporation, built-in in the British Virgin Islands in 1999, and Inrow Corporation, built-in in 2002 and it is also reported that total estimated worth of Inrow is about 26 million dollars in 2009 and second company has worth about 8 million dollars therefore he has also a luxurious house in London. Therefore it is reported that both countries has relation with king and these are included in his assets and may have more resources instead of these offshore.
1: Vladimir Putin, president of Russia
Vladimir Putin is president of famous and powerful country of the Russia as his name also included in that which has offshore and now he is main attack from news and all papers because he is richest man in the world which has lot of money to hide but according to spokes man of Russia, he said that it is absolutely wrong news because media wants to unstable their government because elections are also quite near therefore he also stated that their country president is not involved in these activities and he has nothing offshore but according to news President has at least 2 billion dollars off shore as reports told that he is not directly connected but his friends and family is connected with this. Therefore he has some kind of property or money that he hides offshore and included in this list with many other Presidents and Prime Ministers of the World.