Tendulkar named in Pandora Papers leak

Courtesy

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The Pandora Papers leak, which claims to have exposed the offshore dealings of world leaders, politicians, celebrities, and billionaires, includes Indian cricket legend Sachin Tendulkar.
Millions of leaked documents nicknamed the Pandora Papers are said to have revealed the financial secrets of celebrities and well-known figures, including current and previous international leaders.
Tendulkar, a member of Parliament's Upper House, and members of his family are named as Beneficial Owners of an offshore business in the British Virgin Islands (BVI) that was liquidated in 2016.

Around 600 journalists from the media are involved in the Pandora Papers investigation, which is based on the leak of 11.9 million data from 14 financial services.
In the examination of the Pandora Papers, the International Consortium of Investigative Journalists (ICIJ), which includes investigative journalists from the BBC and The Guardian newspaper in the United Kingdom, has cited some well-known names and important world leaders.
‘Tendulkar's investment is legitimate’
As per the ICIJ report, it has been learned that Tendulkar's attorney has claimed that the former cricketer's investment is legitimate. "Tendulkar's attorney said the cricket player's investment is legitimate and has been declared to tax authorities. Shakira's attorney said the singer declared her companies, which the attorney said do not provide tax advantages. Schiffer's representatives said the supermodel correctly pays her taxes in the UK, where she lives," the ICIJ noted