CPF Holdings Co Group and Temasek Wellness Investments among new Panama Papers leak

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UPDATE:

A a spokesperson from Temasek Holdings said it is not related to Temasek Wellness Investments.

The shareholders of CPF Holdings Company Group Limited are a Madam Chih-Ping Fung and Hai-Loon Fung (link: https://offshoreleaks.icij.org/nodes/10070247)


The International Consortium of Investigative Journalism (ICIJ) has put up data on their website which show, in great detail, names and addresses along with the identities of their holding companies and also specifies the date of incorporation of the firm in some cases.

While stating that the ICIJ was releasing these additional details on names and addresses in “public interest”, it added that the latest action was also an effort to “find out who’s behind almost 320,000 offshore companies and trusts from the Panama Papers and the offshore leaks investigations.”

Among the 5869 Singapore entities named are CPF Holdings Company Group Limited and Temasek Wellness Investments Ltd; as well as several banks including HSBC Private Bank (Suisse) SA (Singapore) and The Standard Chartered Private Bank.

Prominent personalities who are named in the leak include Jackie Chan, who was recently named as Singapore’s first celebrity anti-drug ambassador.
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The group said the “new data that ICIJ is now making public represents a fraction of the Panama Papers, a trove of more than 11.5 million leaked files from the Panama-based law firm Mossack Fonseca, one of the world’s top creators of hard-to-trace companies, trusts and foundations.

“ICIJ is not publishing the totality of the leak, and it is not disclosing raw documents or personal information en masse. The database contains a great deal of information about company owners, proxies and intermediaries in secrecy jurisdictions, but it doesn’t disclose bank accounts, email exchanges and financial transactions contained in the documents.

“The leaked data covers nearly 40 years, from 1977 through the end of 2015,” it said.


ICIJ’s Offshore Leaks Singapore Database is here: https://offshoreleaks.icij.org/search?utf8=%E2%9C%93&q=&c=SGP&j=&e=&commit=Search


Article was edited after it was published.