• Friday, Mar 31, 2023
  • Last Update : 10:24 am

State Department says US is reviewing findings from Pandora Papers

  • Published at 04:52 am October 5th, 2021
Central bank
A man walks in front the Central bank headquarters building in Brasilia, Brazil October 4, 2021 Reuters

King Abdullah,  single largest provider of bilateral assistance of US, used offshore accounts

The United States is reviewing findings of leaked financial documents known as the Pandora Papers, but is not in a position to comment on specifics, State Department spokesman Ned Price said on Monday.

A massive leak of documents was published by several major news organizations on Sunday that allegedly tie world leaders to secret stores of wealth, including King Abdullah of Jordan, Czech Prime Minister Andrej Babis and associates of Russian President Vladimir Putin.

"We've of course seen the reporting on the Pandora Papers and we are not in a position to comment specifically on the findings, which we are reviewing," Price told a regular news briefing. 

He said the US government actively focuses on strengthening financial transparency and investigating possible illicit activity.

Addressing a specific query about Jordan, a significant recipient of US aid, Price said US assistance to Amman was "in the direct national security interests of the United States."

"We carefully conduct monitoring and evaluation of all of our programs to ensure they are implemented according to their intended purpose," he said.

According to the news organizations that reviewed the Pandora Papers, they showed that King Abdullah, a close US ally, used offshore accounts to spend more than $100 million on luxury homes in the United Kingdom and the United States.

Jordan's royal palace said the king's property ownership was "not unusual nor improper" and Abdullah himself told tribal leaders the cost of the properties and related expenditures had been personally funded by himself, not by the state budget or treasury.

According to the State Department, the United States is Jordan’s single largest provider of bilateral assistance, providing more than $1.5 billion in 2020.

Facebook 50
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail