Leaked Files Show Spanish King's Aunt Headed Panama Firm
- Pilar de Borbon became head of Panama-registered firm in 1974
- Details of involvement came to light in legal document leak
Panama Leak Reports World Leaders' Hidden Billions
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Leaked law firm files show an aunt of Spain’s King Felipe VI was the president of a company registered in Panama, according to a report by the International Consortium of Investigative Journalists.
Pilar de Borbon, the elder sister of the former monarch King Juan Carlos, became president and director of the Panama-registered company Delantera Financiera SA in 1974, according to the ICIJ. The consortium has published data based on documents spanning from 1977 to 2015 for the Panama-based law firm Mossack Fonseca, a top creator of shell companies.