Bono used Malta-based firm to invest in Lithuanian shopping centre

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U2 frontman was co-director of firm based in island nation where foreign investors pay 5% tax on profits, Paradise Papers show

His band have never been there, and neither, it seems, has he. But as an investment opportunity, Bono found what he was looking for in Lithuania.

The U2 frontman used a company based in Malta to pay for a share in a shopping centre in a small town in the north-east of the country, the Paradise Papers reveal.

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#tax avoidance
#pop and rock
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#lithuania
#malta