U of T’s endowment, pension funds have investments in two offshore tax havens
By ROBERT CRIBB From The Star The pension fund holds shares in WLR IV Loans AIV Feeder (Cayman), Ltd., part of a web of offshore companies traced to U.S. Secretary of Commerce Wilbur Ross, who founded a coal company implicated…
Cayman Islands Minister Rivers’ Statement on the Paradise Papers”
Statement on the ‘Paradise Papers’ Minister of Financial Services and Home Affairs, The Hon. Tara Rivers, JP, MLA This weekend the international media published articles based on documents that they are calling the Paradise Papers. These documents, as the public…
Caribbean News Events front pg story iBusiness iCommunity iCrime iFinance iLocal News iWorld News News
Cayman Islands’ Tony Travers says journalists who leaked the Paradise Papers should “be in prison”
Chairman of the Cayman Islands Stock Exchange, Anthony Travers, speaking on the BBC’s “Newsnight” television programme said: “I have no idea what tax haven means and nor do you. What we are talking about is offshore financial centres that have…
Paradise Papers: Jeremy Corbyn [UK Labour Leader] suggests Queen should apologise if offshore funds were to avoid tax
By Richard Vaughn From iNews The Queen should apologise if it is revealed that the decision to invest her private wealth in offshore accounts was done to avoid paying tax, Jeremy Corbyn has suggested. Millions of financial documents and emails,…
Paradise Papers: MoS Jayant Sinha’s links with Omidyar in Appleby files
By Shyamlal Yadav From Indian Express Omidyar Network invested in D.Light Design which took a loan of $3 mn through its Cayman Islands subsidiary. Records show Sinha served as Director of D.Light Design founded in 2006 in San Francisco. Before…
UK: We can’t rely on leaks to enforce tax policy. Labour will crack down on havens
By Andrew Leigh From The Guardian UK The Paradise Papers show why Labor’s policy to force companies to report their use of tax havens is so necessary Another day, another leak showing dodgy dealings in tax havens. The so-called Paradise…
Former PM Shaukat Aziz, ex-NICL chief Ayaz Khan Niazi named in Paradise Papers
From The Express Tribune PK At least two Pakistanis have been named in the Paradise papers – former prime minister Shaukat Aziz and former National Insurance Corporation Limited (NICL) chairperson Ayaz Khan Niazi. Aziz is linked with Antarctic Trust, which…
