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#Adele/Congo Man
howieabel · 7 years
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Key revelations from the Paradise Papers
1) Millions of pounds from the Queen’s private estate has been invested in a Cayman Islands fund – and some of her money went to a retailer accused of exploiting poor families.
2) Prince Charles’s estate made a big profit on a stake in his friend’s offshore firm.
3) Extensive offshore dealings by Donald Trump’s cabinet members, advisers and donors, including substantial payments from a firm co-owned by Vladimir Putin’s son-in-law to the shipping group of the US commerce secretary, Wilbur Ross.
4) Twitter and Facebook received hundreds of millions of dollars in investments that can be traced back to Russian state financial institutions.
5) The tax-avoiding Cayman Islands trust managed by the Canadian prime minister Justin Trudeau’s chief moneyman.
6) The Formula One champion Lewis Hamilton avoided taxes on a £17m jet using an Isle of Man scheme.
7) A previously unknown $450m offshore trust that has sheltered the wealth of Lord Ashcroft.
8) Oxford and Cambridge and top US universities invested offshore, with some of the money going into fossil fuel industries.
9) The man managing Angola’s sovereign wealth fund invested it in projects he stood to profit from.
10) Apple secretly moved parts of its empire to Jersey after a row over its tax affairs.
11) How the sportswear giant Nike stays one step ahead of the taxman.
12) The billions in tax refunds by the Isle of Man and Malta to the owners of private jets and luxury yachts.
13) Offshore cash helped fund Steve Bannon's attacks on Hillary Clinton.
14) The secret loan and alliance used by the London-listed multinational Glencore in its efforts to secure lucrative mining rights in the Democratic Republic of the Congo.
15) The complex offshore webs used by two Russian billionaires to buy stakes in Arsenal and Everton football clubs.
16) Stars of the BBC hit sitcom Mrs Brown's Boys used a web of offshore companies to avoid tax.
17) British celebrities including Gary Lineker used an arrangement that let them avoid tax when selling homes in Barbados.
18) Prominent Brexit campaigners have put money offshore.
19) An ex-minister who defended tax avoidance has a Bahamas trust fund.
20) The Dukes of Westminster pumped millions into secretive offshore firms.
21) A tax haven lobby group boasted of 'superb penetration' at the top of the UK government before a G8 summit that was expected to bring in greater offshore transparency.
22) The law firm at the centre of the Paradise Papers leak was criticised for 'persistent failures' on terrorist financing and money laundering rules.
23) Seven Republican super-donors keep money in tax havens.
24) A top Democratic donor built up a vast $8bn private wealth fund in Bermuda.
25) The schemes used to avoid tax on UK property deals.
26) The celebrities, from Harvey Weinstein to Shakira, with offshore interests.
27) How a private equity firm tried to extract £890m from a struggling care home operator by making it take out a costly loan.
28) Trump’s close ally Robert Kraft, the New England Patriots owner, is the longtime owner of an offshore firm.
29) One of the world’s biggest touts used an offshore firm to avoid tax on profits from reselling Adele and Ed Sheeran tickets.
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adeleisexceptional · 5 years
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Last Year Richard “Ashraph’ Ramsaran invited myself, Peter Doig, Jackie Hinkson, Paul Kain, Sabrina Charran, Che Lovelace, Parker Nicholas and David Subran to give our versions of The Mighty Sparrow’s spectacular legacy.
I chose to whimsically portray his songs in what I coin my ‘dimensional embroidery’ miles of wrapped embroidery thread around shaped wire and wadding. I choose the songs, Congo Man, Marajin and Mr.Benwood Dick.
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