French publisher named in Panama Papers

French publisher named in Panama Papers

Jacques Glénat, who founded the Grenoble-based graphic novel and manga publisher Editions Glénat in 1969, has been named in the Panama Papers in connection with a company in the Seychelles, according to Le Monde, one of the 109 media in the International Consortium of Investigative Journalists that has exposed the massive tax avoidance.

Le Monde said Glénat bought the company Getway SA in 2009, primarily to acquire works of art, and wound it up in 2014 when a change of investment rules meant it had to convert bearer or anonymous shares into registered shares that carry the name of the owne...

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