Mumbai, March 10 -- In a magical world far removed from the financial intricacies and legal loopholes of our own, Emma Watson enchanted millions as Hermione Granger in the Harry Potter series. Yet, it's the spellbinding tale of her involvement with the Panama Papers that has since captured public intrigue, highlighting a clash between celebrity privacy and the shadowy realms of offshore finances. As we look back on the events that unfolded, it's clear that Watson's narrative is more than just a footnote in the saga of the Panama Papers.

Watson's decision to set up an offshore company, Falling Leaves Ltd, in the British Virgin Islands in 2013 was thrust into the limelight amidst the release of the Panama Papers. The documents, leaked from...