Paradise papers :Famous Doctors setup Offshore companies
Written by : SMTV24x7 | Fri, Nov 10, 2017, 11:24 AM
New Delhi Nov 10: The International Consortium of Investigative Journalists (ICIJ) has brought out paradise papers - the documents to shun the light on offshore entities.
The documents reveal that famous doctors set up offshore firms.Faridabad based Narinder Pal and Mala Arora have been running an IVF centre in Sector 14 since the mid-1990s. Pal and Arora are listed as shareholders of WorldCare Limited (Bermuda), a company set up in June 1996.
Documents reveal that WorldCare Limited (Bermuda) is an investment Holding Company which renders services in the field of telemedicine and remote medical diagnosis.
The Records show WorldCare Limited (Bermuda) as the beneficial owner of The Dubai Wellness Centre Limited, a company incorporated in Isle of Man in 2006. It is also a shareholder of two other Isle of Man companies — WorldCare Wellness International Limited and WorldCare Autism Centres Limited.