Actress denies 'tax or monetary advantages' from offshore company
Emma Watson is the latest celebrities to be named in the Panama Papers leak.
Millions of files, known as the Panama Papers, were leaked online from the database of a Panama-based law firm Mossack Fonseca last month (April 3), exposing the financial records and offshore accounts of many public figures.
The Spectator now reports that Watson – best known for her role as Hermione in the Harry Potter films – has been listed in a searchable online database of the leaked data.
According to the reports, the Offshore Leaks Database lists Watson as a beneficiary in an offshore company based in the British Virgin Islands.
A spokesman has since confirmed that Watson set up an offshore company but says its purpose is strictly for “protecting her anonymity and safety” and that the actress receives “no tax or monetary advantages from this offshore company”.
The full statement reads: “Emma (like many high profile individuals) set up an offshore company for the sole purpose of protecting her anonymity and safety. UK companies are required to publicly publish details of their shareholders and therefore do not give her the necessary anonymity required to protect her personal safety, which has been jeopardised in the past owing to such information being publicly available. Offshore companies do not publish these shareholder details. Emma receives absolutely no tax or monetary advantages from this offshore company whatsoever – only privacy.”
Other celebrity figures to have been named in the Panama Papers leak include Simon Cowell, Heather Mills and Ian Cameron, the late father of Prime Minister David Cameron.
Meanwhile, Emma Watson recently revealed that she is taking a year off acting to focus on her activism and humanitarian work.