An article from OCCRP on 8 February says that when Luxembourg opened up its register of beneficial owners in 2019, the new data revealed a surprising fact. OCCRP and its partners identified 291 minors who own or control significant stakes in Luxembourg companies, and in many cases, the companies’ owners were younger than the companies themselves. They included minors whose parents are oligarchs, criminals, or people with ties to politically influential figures.
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