Eeek! Bad news for Emma Watson amid Panama Papers SCANDAL

It looks like Emma Watson is on SERIOUS damage control right now after her name has been attached to the recent Panama Papers leak.

According to a database containing details into the tax avoidance scheme, the Harry Potter star was just one of the numerous high-profile figures to have been associated with the scandal.

Weighing in on the matter, Emma's spokesperson confirmed that while the 26-year-old had indeed established an off-shore account, it was not in order to avoid tax ot receive money.

"Emma (like many high profile individuals) set up an offshore company for the sole purpose of protecting her anonymity and safety," the star's statement read.

Offering the reason for Emma's off-shore dealings, her representative continued: "UK companies are required to publicly publish details of their shareholders and therefore do not give her the necessary anonymity required to protect her personal safety, which has been jeopardised in the past owing to such information being publicly available."

"Offshore companies do not publish these shareholder details," her spokesperson confirmed. "Emma receives absolutely no tax or monetary advantages from this offshore company whatsoever – only privacy."

While establishing an off-shore account is not illegal, having her name associated with the recent tax scandal is not exactly good news for the well-known British actress.

Feat image: Justin Tallis/Getty Images