Malcolm Turnbull's role in offshore company revealed in Panama Papers - News Summed Up

Malcolm Turnbull's role in offshore company revealed in Panama Papers


“The company concerned was a wholly owned subsidiary of a publicly listed Australian company. The Panama Papers database lists Turnbull’s historical role with the company more than 20 years ago, which was part of a subsidiary of an Australian publicly listed mining company Star Mining NL. So an ASX listed company of which Neville Wran and I were both directors for about two years,” he said. Related: Panama Papers make Bill Shorten's election sales pitch less taxing | Lenore TaylorA register of the shareholder and directors of Star Technology Systems Limited lists Turnbull as the director of the entity in 1993. The prime minister, Malcolm Turnbull, was previously listed as the director of a British Virgin Islands company that Mossack Fonseca acted as registered agent for, the Panama Papers have disclosed.


Source: The Guardian May 11, 2016 18:09 UTC



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