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Home Main Story

The ‘Pandora Papers,’ according to Kiran Mazumdar-Shaw, incorrectly implicates her husband’s offshore trust

The Edge Media by The Edge Media
4 years ago
in Main Story, Political Edge
Reading Time: 1 min read
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The ‘Pandora Papers,’ according to Kiran Mazumdar-Shaw, incorrectly implicates her husband’s offshore trust
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On Monday, Kiran Mazumdar-Shaw said the ‘Pandora Papers’ had incorrectly implicated her husband’s offshore trust, describing it as “bonafide” and “legal.”

 

The executive chairperson of biotechnology major Biocon, Mazumdar-Shaw said in a tweet: “Media stories reporting on Pandora Papers wrongly implicate my husband’s offshore trust, which is a bonafide, legitimate trust and is managed by Independent Trustees. No Indian resident holds “the key” to the trust as alleged in these stories.”

 

On October 3, a worldwide media collaboration dubbed the “Pandora Papers” claimed to have unearthed financial secrets of current and former world leaders, lawmakers, and public officials in 91 nations and territories, including India.

Tags: financial secretsher husbandKiran Mazumdar-ShawlawmakersPandora Paperspublic officialsworld leaders
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