Paradise papers are fake news and journalists should be in prison, slams Cayman financier
Appearing on Newsnight, Chairman Anthony Travers adopted an aggressive stance to dismiss claims that people have been unlawfully stashing money in offshore accounts to avoid paying tax.
He said: “I have no idea what tax haven means and nor do you. What we are talking about is offshore financial centres that have complete transparency, the highest global standards and, incidentally, higher than the United States of America.
"What have we actually had from the Panama papers in terms of actual convictions in the UK for anything at all involving tax evasion or tax avoidance?
“The answer is... read more
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