Thyssen-Bornemisza family included in Panama Papers

Washington, Apr 8 (EFE).- The Spanish Thyssen-Bornemisza family appears in the records of the Panama-based law firm Mossack Fonseca, whose leaked documents triggered the 'Panama Papers' scandal.

The noted family's private art collection is the core showcase at the Thyssen-Bornemisza Museum in Madrid.

According to an article published Friday by the Washington-based International Consortium of Investigative Journalists (ICIJ), which has led the investigation with the German newspaper Sueddeutsche Zeitung, the Thyssen-Bornemisza family appears in the confidential documents along with other prominent people in the art world.

The ICIJ said they contacted one of the family's lawyers who confirmed the family's ownership of an offshore company, however they added that the Spanish financial authorities "have full knowledge of it".

The granddaughter of Pablo Picasso, Marina Ruiz Picasso, also appears in the papers, as she owns shares in three offshore companies and was a shareholder in another.

The leaked documents also mention the Syrian Nahmad family, one of the most powerful in the world of art.

The papers may help prove that the influential family have in their possession a missing $25 million Modigliani painting, which was seized as part of a collection from a Jewish dealer in Paris during the Nazi occupation of France.

The Greek family Goulandris, who is in the middle of a fight over the whereabouts of 83 missing art works, is also mentioned.

The Panama Papers are a collection of more than 11.5 million confidential documents leaked from Mossack Fonseca, which specializes in wealth management.

The documents mention more than 140 politicians, high-ranking officials, celebrities, athletes, filmmakers, writers and art collectors around the world.