Incorrect blog reports claimed this week that two LDS Church-owned companies are part of the leaked Panama Papers scandal. Those reports are false. The two companies have names similar to LDS organizations but are unrelated.
Contrary to erroneous blog reports, the LDS Church does not own any of the companies listed in the Panama Papers leak of organizations that used offshore shell corporations to evade taxes.
Deseret Investment Inc. and Bonneville International Limited are neither owned by The Church of Jesus Christ of Latter-day Saints nor associated with it in any way.