Recent Pandora Papers Leak has also named four entities, which are indirectly owned by Goyal and hold assets worth more than USD 77.73 million or Rs 575 crore.
For somewhere between US$2,000 and US$20,000 to set up the trust, the name of the real owner or beneficiary can be hidden.
Wealthy Americans have long sought to use charitable contributions to reduce their tax burdens.
Lebanon is in the midst of what the World Bank says is one of the world’s worst economic meltdowns in the past 150 years.
In 2009, Babis, a populist billionaire, put $22 million into shell companies to buy 16 properties in southern France, including a chateau, the investigation found.
Sri Lankan President Gotabaya Rajapaksa asks anti-graft commission to probe people named in Pandora Papers
The Pandora Papers investigation is bigger in size and revelations about politicians and public officials are also far more than what has previously come to public attention.
In response to the Panama Papers, many countries took measures that made some of the techniques exposed in the Panama Papers obsolete.
The U.K. and London specifically are prominent in the data dump, with the documents showing how wealthy people around the world reportedly set up offshore companies to buy property and avoid taxes.
On Sunday, the ICIJ involving had released a 2.94 terabyte data trove, based on 12 million leaked documents linked to wealthy elites from over 200 countries.
Names of more than 300 wealthy Indians figure in the 'Pandora Papers' have uncovered financial assets of rich individuals across the world.
ICIJ's director Gerard Ryle said in a video accompanying the investigation that those best placed to halt such practices were the ones who were benefiting most.
The files were obtained by the International Consortium of Investigative Journalists (ICIJ) and published Sunday.
The latest investigation dug into accounts registered in familiar offshore havens, including the British Virgin Islands, Seychelles, Hong Kong and Belize.
The 'Pandora Papers' have named 300 Indians, including Sachin Tendulkar, Anil Ambani, Nirav Modi and Kiran Mazumdar-Shaw.
Abdullah denied any impropriety, citing security needs for keeping the transactions quiet and saying no public funds were used.