LONDON (dpa-AFX) - Politically active actress and United Nations Goodwill Ambassador Emma Watson has been named in the Panama papers as having used an offshore company to buy a property in the British capital. The 26 year-old Harry Potter star opened a company named Falling Leaves Ltd in the British Virgin Islands, a Caribbean tax haven, in order to purchase a 2.8 million pound home in London, reported Independent online.
The company was set up through the Panamanian law firm Mossack Fonseca in 2013, shortly before purchasing the property.
Mossack Fonseca leaked millions of documents detailing how a vast number of corporations and wealthy individuals arranged their financial affairs.
The details of Watson's transactions were exposed by the International Consortium of Investigative Journalists, which published a database detailing some of the contents of the leaked documents.
Watson's spokesperson insisted she established the offshore company for privacy reasons and without taking any advantage of tax evasion.
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