Some of Obama’s top donors have Cayman Islands’ accounts
In one of the president’s latest campaign commercials — an ominous spot that looks a bit like the trailer to a B-grade horror movie — Mitt Romney gets some flak for his offshore bank accounts. Apparently, keeping money in places…
Romney Explains Cayman Island Investments
Mitt Romney, in an interview with the National Review, improved greatly on his campaign’s halting explanation of why he has held investments in the Cayman Islands, a Caribbean tax haven. Still, the new defense seems unlikely to quell attacks from…
Syria conflict: Ministers ‘killed in suicide attack’
Three men at the heart of President Assad’s defence team have died in a suicide bombing, Syrian state TV says. The president’s defence minister, brother-in-law and head of his crisis team were at a meeting at national security headquarters in…
Richard Murphy doesn’t like the Cayman Islands. But it’s so nice here.
Richard Murphy (54) is a chartered accountant and economist. He has been described by the Guardian newspaper as an “anti-poverty campaigner and tax expert”. He is a co-author of ‘Tax Havens: How Globalization Really Works‘, Cornell University Press, 2009. He is now…
OCG Concludes Investigation into PBX Telephone System Contract Award by Accountant General’s Department
The Office of the Contractor General (OCG) has concluded its Special Investigation into allegations of impropriety and/or irregularity in the circumstances surrounding the award of a contract, by the Accountant General’s Department (AGD), to a named contractor, for the supply…
HSBC to close down Mexico unit’s USD accounts in Cayman Islands
HSBC Holdings Plc’s head of group compliance, David Bagley, told a Senate hearing he will step down amid charges the bank gave terrorists, drug cartels and criminals access to the U.S. financial system by failing to guard against money laundering. Bagley…
Bush replies to McLaughlin over claims of misuse of public funds
Premier, Hon. McKeeva Bush said on Tuesday (17) that there was nothing wrong with any government funding a campaign to inform people of the position it has taken. This was in reply to opposition leader, Hon. Alden McLaughlin’s call to…
OMOV Referendum is lost. WB rules the Cayman Islands
With the West Bay voters giving a 1,053 “No” vote against the One Man, One Vote referendum, although 1,027 voted “Yes”, it marked the end of the road for the OMOV referendum even before the rest of the districts were…
The Editor Speaks: Referendum result is over; now the healing can begin
One cannot say that the Cayman Islands public has had a dose of voter apathy with a voting turnout of 57% compared to 80% at the general elections. The reason is simple. Only the people who wanted to vote “Yes”…
Nelson Mandela celebrates ‘quiet family’ birthday on Wed. 18th July
Some 12 million children across South Africa have sung a specially composed song as part of official celebrations for Nelson Mandela’s 94th birthday. It was among an outpouring of well wishes from around the world. The former South African president…
