The Swedish House Mafia was named in the Pandora Papers, an explosive leak of offshore financial data, and that's not entirely good for the Swedish trio.
Swedish House Mafia has set up a company in the British Virgin Islands to manage ownership of various recordings published by the group, as well as the name and logo, according to a report by the Swedish state public television broadcaster SVT. The company reportedly owned the rights to "Don't You Worry Child" and "Save the World," two of the band's most popular songs.
In 2009, the Swedish house mafia hired an investment advisor to set up the company, SHM Holdings Ltd., reports SVT. The consultant is said to have created it on behalf of band members Axwell, Sebastian Ingrosso and Steve Angello by a separate company called Marsham LLC, which originated on Nevis, a small island in the Caribbean Sea.
It remains to be seen how this “Pandora” leak will affect the Swedish House Mafia, but we are still waiting for the promised album 😀!
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