King of Jordan, King Abdullah the second is among dozens of world leaders who have been exposed for holding millions in offshore accounts.
The Pandora papers have revealed King Abdullah II created a network of offshore companies and tax havens to amass a $100 million property empire. The investigation revealed he bought three Malibu properties using three offshore companies. A Middle Eastern Scholar, Anelle Sheline says, “Jordan doesn’t have the kind of money that other Middle Eastern monarchies, like Saudi Arabia, have to allow a king to flaunt his wealth.”
The Royal palace says the King’s properties were “no secret” and privacy and security reasons were why they were not disclosed.