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Nude Estates then transferred ownership to Nude Estates 1, a company based in Guernsey.
Malta is a famously low-tax jurisdiction, where firms pay tax at just 5 per cent. A spokesperson for Bono categorically denied any wrongdoing by the artist.
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We speak English, Lithuanian, Russian, Bulgarian, Polish and Romanian.Bono was among the high profile figures named in the "Paradise Papers" leak, where it was revealed that he used a Malta-based company to invest in a Lithuanian shopping centre.The 13.4 million files, which were obtained after law firm Appleby was hacked, show the complex financial dealings of some of the richest people in the world.The documents - 1.4 terabytes of data worth - come from the company registries of 19 tax havens and two offshore service providers.The leak took place less than two years after the Panama Papers scandal, which caused uproar after revealing how dozens of well-known figures hid their wealth in offshore funds.
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