Emma Watson has emerged as one of the celebrities named in the Panama Papers, the leaked documents detailing individuals with offshore companies and accounts.
But the Harry Potter actress says she only set up a company in the British Virgin Islands to protect personal details about herself. In a statement to the Spectator, her representatives wrote:
Emma (like many high-profile individuals) set up an offshore company for the sole purpose of protecting her anonymity and safety. U.K. companies are required to publicly publish details of their shareholders and therefore do not give her the necessary anonymity required to protect her personal safety, which has been jeopardised in the past owing to such information being publicly available.
The statement goes on to note that Watson “receives absolutely no tax or monetary advantages from this offshore company whatsoever – only privacy.”
Watson is not the first celebrity named in the Panama Papers: previous reports on the cache (which is now in a searchable database online) have mentioned Simon Cowell, Jackie Chan and Sarah Ferguson, as well as a number of world leaders.
More Must-Reads from TIME
- How Kamala Harris Knocked Donald Trump Off Course
- Introducing TIME's 2024 Latino Leaders
- George Lopez Is Transforming Narratives With Comedy
- How to Make an Argument That’s Actually Persuasive
- What Makes a Friendship Last Forever?
- 33 True Crime Documentaries That Shaped the Genre
- Why Gut Health Issues Are More Common in Women
- The 100 Most Influential People in AI 2024
Contact us at letters@time.com