The family of Kenya’s President Uhuru Kenyatta, that has dominated the country’s politics since independence, secretly owned a network of offshore companies for decades, according to a huge leak of financial papers.

The Pandora Papers – 12 million files – is the biggest such leak in history.

Mr Kenyatta and six members of his family have been linked to 13 offshore companies.

They have not yet responded to requests for comment.

The Kenyattas’ offshore investments, including a company with stocks and bonds worth $30m (£22m), were discovered among hundreds of thousands of pages of administrative paperwork from the archives of 14 law firms and service providers in Panama and the British Virgin Islands (BVI) and other tax havens.

The secret assets were uncovered by an investigation, published earlier on Sunday, by the International Consortium of Investigative Journalists (ICIJ), Finance Uncovered, Finance Uncovered, Africa Uncensored and other news organisations.

Documents show that a foundation called Varies was set up in 2003 in Panama, naming Mr Kenyatta’s mother, Ngina, 88, as the first benefactor – and Kenya’s leader as the second benefactor, who would inherit it after her death.

erusalem Post  Israel News

‘Pandora Papers’ expose offshore deals of Jordan’s king, Israelis

Over 500 Israelis were exposed in the massive “Pandora Papers” exposé revealing offshore dealings of hundreds of officials and businessmen.

By JERUSALEM POST STAFF

OCTOBER 4, 2021 13:02

   

Shekels and dollars

(photo credit: THOMAS WHITE / REUTERS)

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Former Jerusalem mayor Nir Barkat and Jordanian King Abdullah II were among the hundreds of politicians, billionaires, celebrities, drug dealers, royal family members, and religious leaders exposed by the “Pandora Papers” – a 2.94 terabyte database exposing offshore dealings published by the International Consortium of Investigative Journalists (ICIJ) on Sunday.

The Pandora Papers is the world’s largest-ever journalistic collaboration, with over 600 journalists from 117 countries analyzing over 11.9 million documents, according to the ICIJ. The documents expose over 330 politicians from over 90 countries.

The documents, some of which date to 1970, were leaked from the confidential records of 14 offshore service providers that give services to wealthy individuals and corporations, allowing them to conceal their identities from the public and even regulators.