New York: A representative for "Harry Potter" actress Emma Watson said she had an offshore company for privacy reasons only.
The company, Falling Leaves Ltd., was named in the so-called Panama Papers, a series of leaked documents that revealed how some politicians and celebrities hide money. More files were made available online Monday by the International Consortium of Investigative Journalists.
Watson created the company in the
The spokesman said Watson received no monetary advantages from the offshore company.
Having an offshore account or company is not illegal, but they can be potentially used to avoid taxes or conceal wrongdoing....