A document leak purportedly connects international leaders to secret wealth

A document leak purportedly connects international leaders to secret wealth

Jordanian officials allege that the accusations in the Pandora Papers endanger the royal family’s safety.

The ‘Pandora Papers’ inquiry is based on one of the largest-ever dumps of financial data, which revealed a hidden world of protected riches belonging to hundreds of politicians and billionaires on Sunday.

The Pandora Papers, regarded as one of the greatest worldwide media investigations in history, featured more than 600 journalists who examined over 11.9 million documents from financial services businesses throughout the world.

They discovered connections between almost 1,000 offshore businesses and 336 high-level politicians and public officials, including more than a dozen serving heads of state and government.

Jordan’s royal court dismissed as “distorted” accusations in the so-called Pandora Papers that King Abdullah II used a network of offshore businesses to construct a $100 million global property empire.

The stories “contained errors and twisted and inflated the facts,” according to the statement, and exposing the addresses constituted “a blatant security violation and a threat to His Majesty’s and his family’s safety.”

The documents indicate that between 2003 and 2017, King Abdullah II, who has faced fierce protests over austerity measures in recent years, amassed a $100 million property empire through a network of offshore corporations and tax havens, including 15 mansions in Malibu, California, Washington, and London.

The Jordanian embassy in Washington declined to comment, but according to attorneys for the king, all of the properties were purchased with personal money, and it was normal procedure for high-profile persons to acquire assets through offshore corporations for privacy and security reasons.

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