Panama Papers: Here are some of the biggest British-based celebrities to be named in the latest data dump

The International Consortium of Investigative Journalists (ICIJ) publisheda huge databaseon Monday detailinghow some of the world's wealthiest and most powerful people legally hide their cashdubbed the "Panama Papers."The database consists of more than 200,000 companies, trusts, foundations, and funds incorporated in countries around the worldand countless names of the wealthy, and often famous people who shelter their cash there.The findings of the so-called Panama Papers investigation were first unveiled at the beginning of April.Over 11 million documents held by the Panama-based law firm Mossack Fonseca had been leaked to the German newspaper Sddeutsche Zeitung. The paper shared the information with the ICIJ, which is made up of 107 media organizations in 78 countries.It should be noted that the ICIJ doesn't allege any wrongdoing against any of the people or firms named, saying in astatement on itswebsite along with the documents: "There are legitimate uses for offshore companies and trusts. We do not intend to suggest or imply that any persons, companies or other entities included in the ICIJ Offshore Leaks Database have broken the law or otherwise acted improperly."Business Insiderscanned the database for newsworthy or prominent individuals or organizations in the worlds of finance, politics, technology, and others. Here are some of the most interesting UK-based or affiliated people we've found so far.Emma Watson ' Watson, most famous for her role as Hermione in the Harry Potter movies, and her feminist activism, is registered as a shareholder in British Virgin Islands registered company Falling Leaves. A spokesperson from Watson said that the company is used "for the sole purpose of protecting her anonymity and safety."Simon Cowell ' Music industry man Cowell, famous for his harsh judging style on shows like the X Factor and American Idol, has an interest in a firm called Eaststreet Limited.Source: ICIJPaul Burrell ' Former royal butler Burrell is best-known for his time with Princess Diana prior to her death. He and his wife Maria have links to an offshore entity called Black Dragon Group.Source: ICIJSee the rest of the story at Business Insider
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