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The scandal has no direct relation to being a tax haven. > outgoing BVI Governor Augustus Jaspert announced a commission of inquiry to investigate allegations
by Gys 5y ago
The scandal has no direct relation to being a tax haven.
> outgoing BVI Governor Augustus Jaspert announced a commission of inquiry to investigate allegations of corruption and the misuse of millions of dollars in public funds.
- garmaine 5y ago“Whoa, they actually investigate corruption? Not a place I want to rely on being able to bribe corrupt officials!”
- vmception 5y agoICIJ is the Caribbean town crier
- anovikov 5y agoIt absolutely DOES have a relation. If in some place corruption cases are really investigated - this is not an appropriate place to hide money anymore.
- eru 5y agoNot sure. Singapore has a reputation as a tax haven, but also a reputation for being squeaky clean. (But that's perhaps a different kind of tax haven than the British Virgin Islands are?)
- readflaggedcomm 5y agoIt's the opposite. Unimpeachable officials enforcing favorable tax law protects depositors. Just because one thinks "hiding money" and "corruption" are both bad doesn't mean that both are and that both go together.
- ObserverNeutral 5y agoPublic affairs are separated from business. This was about whatever money had to be spent on X and were directed to Y via corruption