Shakira, Bono, Madonna and Queen Elizabeth II named in 'Paradise Papers'
Wednesday, November 8, 2017 @ 2:48 PM
COLOMBIAN pop-rocker Shakira is reported to have been involved with the so-called 'Paradise Papers' offshore scandal recently revealed, in which names such as Germany's Princess Corinna zu Sayn Wittgenstein – a close friend of King Juan Carlos – U2's Bono, Madonna, and even Queen Elizabeth II of England have appeared.
More and more names have been appearing in the 'Paradise Papers' list, although so far all those whose identities have been made public have said they believed their actions had always been legal.
Shakira, 40, who has two small sons with FC Barcelona midfielder Gerard Piqué, is reported to have placed up to €31.6 million in accounts in Luxembourg and Malta to benefit from their preferential tax régimes.
Her solicitor Ezequiel Camerini explains that his client has owned a property in the Bahamas since 2004, when she had been living in Miami with her then long-term boyfriend Antonio de la Rúa.
“Over the next few years, [Shakira] had to travel non-stop and spent most of her time in different countries – as part of her Sale el Sol tour, she gave 110 concerts around the world,” Camerini explains.
“She also spent long periods of time in the USA when she was a judge on The Voice.”
The €31.6m in royalties for her music has been earnt over the past 10 years and was managed by the company Turnesol Limited, based in Malta, Shakira's lawyer reveals.
Read more at thinkSPAIN.com