- Secretive files expose ways the rich and powerful are protecting their wealth
- Millions of pounds from Queen’s private estate invested in Cayman Islands fund
- Donald Trump’s cabinet members including US secretary of state are also named
- Twitter and Facebook received investments traced back to the Russian state
- Newly-uncovered $450m offshore trust sheltered the wealth of Lord Ashcroft
- Offshore webs used by billionaires to buy Arsenal and Everton football clubs
The secretive dealings of the Queen and the world’s biggest businesses have been revealed in an explosive leak of confidential financial documents branded the ‘Paradise Papers’.
The 13.4million files expose the ways that the rich and powerful are protecting their wealth using a web of offshore accounts.
It includes allegations that the Queen’s private estate secretly invested huge sums of cash in tax havens.
Donald Trump’s commerce secretary Wilbur L Ross Jr is also revealed to have a stake in a firm that deals with Russians who are under US sanctions.
The explosive details have come from the company registries of 19 tax havens and has been obtained by the German newspaper Süddeutsche Zeitung.
It is not suggested that those named in the documents have done anything illegal.