The files dubbed the Paradise Papers reveal “offshore interests and activities of more than 120 politicians and world leaders, including Queen Elizabeth II, whose private estate indirectly invested in a rent-to-own loan company accused of predatory tactics”.

Thirteen allies, major donors and Cabinet members of US President Donald J. Trump appear in the documents, according to the International Consortium of Investigative Journalists (ICIJ).

Among these are “Commerce Secretary Wilbur Ross’s interests in a shipping company that makes millions from an energy firm whose owners include Russian President Vladimir Putin’s son-in-law and a sanctioned Russian tycoon,” the ICIJ said, promising more related stories in the coming days.

The files also include tax planning details by nearly 100 multinational corporations, including Apple, Nike and Uber.

The leaks relate to Bermuda-based offshore law firm Appleby, which admitted in recent weeks that it had been the target of a data breach.’