Reports: Queen Elizabeth has investments in offshore havens
According to documents obtained by the
The investments were made in 2004 and 2005 by the
"We operate a number of investments and a few of these are with overseas funds. All of our investments are fully audited and legitimate," it said.
The documents showed that the queen has roughly 3200 pounds invested in BrightHouse, a household goods and electronics retailer that has been accused of exploiting customers by charging high interest rates.
Her use of offshore tax havens is likely to generate criticism from activists seeking to abolish the monarchy in favor of a republic.
The queen pays taxes on the income generated by her holdings in the
The documents about Elizabeth's financial holdings are part of a tranche of some 13.4 million records of offshore accounts leaked to German newspaper Süddeutsche Zeitung and shared with the
House Financial Services Subcommittee Issues Testimony From Center for American Progress
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