How the world’s rich and powerful hide their cash: 11million leaked documents reveal how TWELVE world leaders – plus Lords and former MPs – hide their

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[h=2]Revealed, how son of UN boss Kofi Annan made a MILLION pounds by buying up luxury central London apartment using offshore company named in Panama Papers[/h] Kofi Annan's 42-year-old son, pictured above right with his wife Shanthi, bought a luxury flat on the King's Road, Chelsea, using an offshore company named in the Panama Papers. According to leaked Mossack Fonseca documents, Mr Annan, the former UN Secretary General's only son, used the Samoan company Sapphire Holding Ltd to buy the property in 2004 for £400,000. Market data show that it is now worth £1,559,293. Mr Annan and his wife, Shanthi, 30, left, are now directors of a London-based company called A10 Enterprises, described as offering 'business support service activities'. It is the latest in a string of allegations about Mr Annan, including that he took advantage of his powerful father to win lucrative business contracts, and dodged tax while shipping a green Mercedes 4X4 to Ghana. He has denied any wrongdoing.

 

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