Middle East News: Lebanon PM Mikati says family wealth legal in response to ‘Pandora Papers’ – Gulf Digital News

  • Date: 06-Oct-2021
  • Source: Gulf Daily News
  • Sector:Economy
  • Country:Lebanon
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Middle East News: Lebanon PM Mikati says family wealth legal in response to ‘Pandora Papers’ – Gulf Digital News

Lebanese Prime Minister Najib Mikati's family wealth comes from a communications business that has been audited in the past and is legal, a statement from his office said on Tuesday in response to a giant leak of financial documents.

A Lebanese news organisation, Daraj, was among international media outlets that reported on the "Pandora Papers", a set of leaked documents purporting to reveal offshore transactions involving global political and business figures.

Daraj said Mikati owned an offshore firm in Panama called Hessvile through which he bought a property in Monaco worth 7 million euros.