King Abdullah’s secret splurges
While billions of dollars in American aid poured into Jordan over the past decade, a secret stream of money was flowing in the opposite direction as the country’s ruler, King Abdullah II, spent millions on extravagant homes in the United States.
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Show Notes
While billions of dollars in American aid poured into Jordan over the past decade, a secret stream of money was flowing in the opposite direction as the country’s ruler, King Abdullah II, spent millions on extravagant homes in the United States.
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In the past decade, King Abdullah II of Jordan used an extensive network of offshore accounts to disguise multimillion-dollar purchases of lavish homes in the United States and Britain. Reporter Greg Miller on how the lavish purchases sit in stark contrast to Jordan’s recent economic and political struggles.
These findings are revealed in a new investigation, the Pandora Papers, that exposes a hidden world that has allowed government leaders, a monarch, billionaires and criminals to shield their assets.
The Washington Post and the International Consortium of Investigative Journalists gained unprecedented insight into the money flowing into U.S. trusts through a trove of more than 11.9 million documents — among the largest of its kind — maintained by financial services providers around the world.