Jordan’s royal court on Monday denied as “altered” insurance claims made in the Pandora Papers that King Abdullah II developed a network of offshore firms to construct a $100 million abroad residential or commercial property empire.

It claimed that the reports “included mistakes as well as distorted and overemphasized the facts”, and that disclosing the buildings’ addresses was “a flagrant protection breach and a hazard to His Grandeur’s as well as his family’s security”.

The statement likewise stated that the king had actually “directly moneyed” the properties and all associated expenditures.

The examination by the International Consortium of Investigative Reporters (ICIJ), entailing some 600 journalists from media worldwide, is based upon the leak of some 11.9 million papers from 14 monetary services business.

While not affirming criminal misbehavior by Abdullah II, the records declare he created a network of offshore firms to silently purchase luxury homes from Malibu and The Golden State to Washington as well as London.

Jordan’s Royal Hashemite Court stated in its statement that “it is no secret that His Greatness possesses a number of apartments as well as residences in the USA and the United Kingdom”.

” This is not uncommon neither improper,” the statement stated.

” His Grandeur uses these residential properties during official gos to and hosts authorities and international dignitaries there. The King and also his relative additionally remain in a few of these properties during exclusive brows through.”

The statement claimed the place of the residential properties was not advertised “out of safety and security as well as privacy issues, and not out of secrecy or an attempt to hide them, as these reports have asserted”.

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” As such, the act of exposing these addresses by some media outlets is a flagrant safety and security violation and also a hazard to His Greatness’s and also his family members’s safety.”

” Any kind of accusations that link these private properties to public funds or support are unjustified as well as purposeful attempts to distort truths,” it included.

The palace additionally stressed that “all public financial resources and global support go through specialist audits, and also their allotments are totally made up by the government as well as donor entities”.

Economic issues
The dump of millions of documents, tying numerous globe leaders to secret stores of riches, comes 5 years after the leak known as the Panama Documents revealed exactly how cash was hidden by the rich in ways that police could not identify.

The leaked documents have come as Jordanians grow progressively disappointed with their leaders. The country has actually experienced road protests against financial difficulty, high young people unemployment and also an absence of development on political reforms.

Resistance politicians claim King Abdullah has not done enough to tackle corruption in state companies, where nepotism is rife.

They likewise accused the authorities in 2015 of using drastic emergency legislations to assist curb the coronavirus pandemic to reduce constitutional freedoms and erode public freedoms, a cost the government rejects. The laws have actually currently primarily been lifted.

Jordan is among the most significant receivers of US as well as Western aid per capita.

Its picture as an island of relative security in the stormy Center East has long captivated it to international contributors, and also the kingdom is also adhering to IMF-guided reforms.

The palace declaration stated the claims made in the leaked papers were created to target King Abdullah’s “integrity as well as the critical function he plays regionally and also internationally”.