Wednesday, October 20, 2021
HomeEntertainmentKonstantin Ernst, Elton John and Shakira Named on Fugue - News Primer

Konstantin Ernst, Elton John and Shakira Named on Fugue – News Primer

A major data breach of more than 11.9 million files related to the tax affairs of many famous and wealthy political figures, called the Pandora Papers, has put the spotlight on the likes of Elton John and Shakira.

Also included in the report is film producer Konstantin Ernst, Vladimir Putting’s ally whose credits include Dovlatov other The edge. He currently runs the main Russian television network, Channel One.

The report claims that after Enrst produced the opening and closing ceremonies for the Sochi 2014 Winter Olympics, a deal was struck through offshore companies that saw him become a secret partner in a deal to buy 39 old but valuable cinemas from the Soviet era and surrounding properties. at Moscow city floor prices, a deal backed by state bank VTB, which has strong ties to Putin.

In a statement to the International Consortium of Investigative Journalists (ICIJ), which is behind the leak, Ernst denied wrongdoing and said the deal was not compensation for his work at the ceremonies.

There are thousands of people, including 35 world leaders, implemented in the report through various transactions through offshore companies based in tax havens.

The Papers also claim that celebrities such as Shakira, Elton John and Ringo Starr have ties to companies based in offshore tax havens, as do 336 high-level politicians and public officials, including former British Prime Minister Tony Blair. Representatives for the stars denied any wrongdoing to the ICIJ and said its activities were in line with legal accounting practices.

Governments have said they will begin investigations into newspaper data at a bad time to close tax loopholes.

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