Malibu Overlooking News Today

By a group of journalists about how some go about hiding their assets. cnns matthew chance has all the details for you. >> reporter: this is the pandora papers. looks like were opening a box on a lot of things. its one of the worlds biggest ever leaks of financial documents. the elite 12 million private files exposing the wealth of world leaders, billionaires and celebrities, crucially where its stashed. >> these documents for the very first time show the tax haven itself. >> collectively -- >> ...

>> reporter: its one of the biggest ever leaks of financial documents. nearly 12 million private files exposing the secret wealth of world leaders, billionaires and celebrities frod, crucially, where its stashed. >> these documents for the first time its showing the u.s. as a tax haven itself. >> reporter: among the most high-profile is king abdullah of jordan whose nation benefits from hundreds of millions of dollars every year in international aid, including from the united states. the pandora...

Every year in international aid, including from the united states. the pandora papers allege the king funneled more than $100 million into 14 luxury homes in britain and the u.s., including three mansions in malibu overlooking the pacific coast. in a written statement, the jordanian royal court said the allegations included inaccuracies, and distorted the facts. saying these properties are not publicized out of security and privacy concerns, and not out of secrecy or an attempt to hide them. oth...