est. 2007

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China and Caribbean Offshore INTEREST

Xi Jinping and Wen Jiabao: relatives appear on the list.
Xi Jinping and Wen Jiabao: relatives appear on the list.

Files shed light on nearly 22,000 tax haven clients from Hong Kong and mainland China.

Note: A Chinese version of this story is available here

Close relatives of China’s top leaders have held secretive offshore companies in tax havens that helped shroud the Communist elite’s wealth, a leaked cache of documents reveals.

The confidential files include details of a real estate company co-owned by current President Xi Jinping’s brother-in-law and British Virgin Islands companies set up by former Premier Wen Jiabao’s son and also by his son-in-law.

Read more:Leaked Records Reveal Offshore Holdings of China’s Elite

20 responses to “China and Caribbean Offshore INTEREST”

  1. Mark Fenty Avatar
    Mark Fenty

    Have you visited America in recent years? Well, some of everything in America is now made in China. What a moral contradiction…? The large democracy in the world is now trading commodities with the largest communist country in the world.

  2. Well Well Avatar
    Well Well

    These guys can literally lose their heads over that type of corruption.lol

  3. Pachamama Avatar
    Pachamama

    This is a good story and what journalism should be about. Only that we smell the hand of intelligence agencies at work here. In addition, we also wonder where this international consortium of journalists was all the time. And how come they could get this selective story when there must be many more out there and there is a lack of will to find them. In short, we believe that the ubiquitous hand of the American intelligence agencies are at work here to soften up the Chinese government and seek concessions from them. This is the nature of soft war!

  4. sith Avatar
    sith

    @Mark Fenty

    Isn’t it true that many things used in many countries are made in China which would include Barbados. Telephones, TV’s, furniture among many other things including some Hondas that are sold at Honda dealerships are made in China,

  5. Well Well Avatar
    Well Well

    Let’s just say the US knows that these guys will be executed for corruption, hey, they must have pissed off someone state side.

  6. St George's Dragon Avatar
    St George’s Dragon

    I am surprised no one has checked out the database that the ICIJ has set up which lists the various companies and individuals they have released information about.
    There are some entries for Barbados. Look at:
    http://offshoreleaks.icij.org/
    We should not get too sanctimonious about this though. Barbados’ international financial industry is built on off-shoring money from other countries, which is exactly what the article is about. So long as it’s not the proceeds of crime, is there much difference between a Chinese leader having money in the BVI and a wealthy Canadian individual owing a bank in Barbados which invests their private wealth?

  7. Well Well Avatar
    Well Well

    Maybe the politicians in Bim can take a read and see even with all the greed and wealthy friends, the end result is the same.

    http://www.nydailynews.com/news/crime/bernie-madoff-recovering-heart-attack-article-1.1587518

  8. Mark Fenty Avatar
    Mark Fenty

    @ Sith
    Sith, I am speak about the many Chinese products that are sold in America specifically. I can’t speak for those countries that you have made reference to above. Moreover, in a nut shell; I guess what I meant to convey is the fact that the Chinese -commodity has replaced the made in America commodity throughout America.

  9. Michael Saunders Avatar
    Michael Saunders

    Made in CHINA……..just try and find products that don’t have a Made In China sticker on them!!!!!!!!
    My main interest is not the commodities coming from China but the level of corruption coming directly from the politicians and government officials who run your banana republic….and the huge amount of bribe monies going into their bank accounts.
    For the past two years I have been looking into the actions of Canada Drugs and their owners Re:/ Tom Haughton; Kris Thorkelson; Maryanne (Haughton) Thorkelson. Different government officials have looked upon Canada Drugs and those who owned/operated it as upstanding business. They look at the multitude of monies generated for the coppers of their local treasuries without any concern for just how these monies were generated and the devastation caused through the business practices utilized in its generation. In their collective eyes, blinded by the huge monies generated, this trio is prime examples of what they, the Government Officials Representing the Interests Of Canadians, consider heroes in the business world.
    How would you feel if one of your loved ones went to the hospital for cancer treatment but died due to them receiving bogus drugs instead of the treatment that would save their lives…..Then seeing that those who supplied these bogus counterfeit drugs have snubbed their collective noses at the law avoiding any responsibility for their actions???????? Then You Find Out That The Canadian Government Looks Upon These Criminals As Hero’s Above The Law!!!!!
    A short while ago the wife of a good friend of mine was diagnosed with cancer. She, at the advice of her doctor, went into treatment using a drug called Avastin. For six months her treatment went along just fine. Her cancer was under control with her symptoms being reduced on a daily bases.
    Then, all the sudden her cancer returned with a vengeance……the drugs that she had been taking had suddenly stopped working and her cancer started to spread uncontrollably. It was then that rumors of counterfeit Avastin being shipped to unsuspecting doctors and clinics. With this knowledge her doctor had the Avastin checked and found out that what he had been administrating to my friends wife was counterfeit and contained NO active ingredients.
    A month later my friend’s wife, like a lot of those who were treated by this counterfeit drug, died of advanced cancer. We do not know if she would have survived if she had been receiving a non-counterfeit drug and this would be very hard to prove in court…..therefore, due to the costs involved and the legal blockages put in place by Canada Drugs and their numerous internet drug companies scattered worldwide (and outside of the American Judicial System) any legal or civil charges were not activated.
    I am requesting the help of the general public in finding any pertinent information regarding Mr. Tom Haughton, Mrs. Maryanne Thorkelson (Haughton) and Mr. Kris Thorkelson, the owners and operators of the hundreds of internet drug companies (All working under the main company called Canada Drugs based in Winnipeg, Canada) with web sites scattered worldwide.
    At one point Mr. Tomas Haughton had set up shop in Barbados utilizing their lax laws and reputation of skirting international regulations especially with those who had deep pockets and plenty of graft monies to flaunt and spread around to the numerous politicians and government officials who readily stood with their greedy hands outstretched. Mr. Haughton was able, through his political and legal connections, escape prosecution in Barbados and hide out in Canada where he was able to sanitize any and all records of his existence (there is no public records of his existence and even with a physical search I could not find anything that even showed that he existed…..even his school records, his marriage records and those of his children have somehow disappeared from public view….what money will buy when it is spread around the right sources) thus hiding from public view.
    Over the past two years I have been actively investigating the goings-on of Canada Drugs and those who operated this company distributing bogus counterfeit drugs to the unsuspecting public. I have been able trace the activities of one Mr. Tomas Haughton, who was the brains behind the operation, setting up hundreds of web sites to promote the sale of these counterfeit drugs. He was able to establish an operational base in the Barbados (living at 18-19 Sugar Cane, Royal Westmoreland, St. James ) where, through the utilization of his inflated bank account, he was able to flaunt the law and these drugs to the unsuspecting public worldwide without fear of prosecution.
    The list of government officials who were bought off in this banana republic, paid to look the other way and to lose any documents so/as to prevent any legal actions is endless. From what I have been able to discover is that multi dollars changed hands (I have not been able to find a positive paper trail but through international banking records and coming from the scuttle bug there was talk about huge cash withdrawals being made but no tracing as to the disposal of these monies were to be found) with most of this is said to have been distributed in and to officials in Barbados.
    When Mr. Tomas Haughton left the country (after important paperwork has mysteriously disappeared and any format of charges were dropped) he seemed to disappear from the spotlight but he reappeared in his home town of Winnipeg Canada. There he has taken on the task of running his partners business in the same mannerism that he had done with the illegal counterfeit drug business.
    From What I have been able to discover from different news reports and public interviews Mr. Haughton has openly denied that he knew that the Avastin that he was shipping to the public was fake but even after the different news reports were issued he continued to do so.
    The following are just a few of the numerous exerts that I have been able to find that were made way before these shipments finely ceased:
    From an interview posted by the CBC:
    According to British authorities, 82 of the counterfeit vials were shipped to the U.S. by River East Supplies, located in the U.K. and owned by Canadian businessman Tom Haughton. Haughton is currently under federal investigation for shipping counterfeit Avastin into the U.S., offering Avastin for about $2,000 a vial — some $400 less than the manufacturer’s price.
    We tracked Haughton down last month in Barbados. He denied any wrongdoing and took a strong stance against counterfeits.
    Fake Avastin importer claims he broke no laws
    Following the trail of fake Avastin
    How fake Avastin from overseas ends up in U.S.
    “We’re depending on the governments and regulators to make sure these supply chains are indeed safe. I will do everything within my power to ensure this never happens ever again.”
    The FDA said one distributor of the worthless Altuzan was California-based Ban Dune Marketing. In February, its owner pleaded guilty to distributing “adulterated prescription drugs” used for cancer treatment and not approved by the FDA.
    According to the government, it offered big discounts on cancer treatment drugs — “14 to 60 percent” — requesting doctors keep its price list confidential.
    When contacted by CBS News Wednesday, Tom Haughton had no comment. The FDA, meanwhile, would not tell us how many doctors may have received the fake Altuzan, but said these counterfeit products are potentially dangerous to patients who are relying on these medicines to get better.
    Fake Avastin importer claims he broke no laws
    Following the trail of fake Avastin
    How fake Avastin from overseas ends up in U.S.
    “We’re depending on the governments and regulators to make sure these supply chains are indeed safe. I will do everything within my power to ensure this never happens ever again.”
    The FDA said one distributor of the worthless Altuzan was California-based Ban Dune Marketing. In February, its owner pleaded guilty to distributing “adulterated prescription drugs” used for cancer treatment and not approved by the FDA.
    According to the government, it offered big discounts on cancer treatment drugs — “14 to 60 percent” — requesting doctors keep its price list confidential.
    When contacted by CBS News Wednesday, Tom Haughton had no comment. The FDA, meanwhile, would not tell us how many doctors may have received the fake Altuzan, but said these counterfeit products are potentially dangerous to patients who are relying on these medicines to get better.
    We tracked Haughton down last month in Barbados.
    And from The Daily crawler I got the following:
    The only FDA-approved Avastin that is allowed to be sold in the U.S. is manufactured domestically by Genetech. Five million vials of Avastin were sold in the U.S. in 2011.
    The counterfeit Avastin was manufactured outside the U.S. in an unknown location, and was sold by Montana Healthcare Solutions (MHS), a company located in the Barbados, CBS found.
    MHS sold the counterfeit Avastin for just under $2,000 for 400-milligram vials, $400 less than the manufacturer’s price.
    Tom Haughton was responsible for bringing the drugs into the US. He runs several businesses in the pharmaceutical industry, including MHS and 3,000 website domain names.
    The drugs were then sold through a complicated web of companies owned by Houghton in the U.K., Denmark, Switzerland, Turkey and Cairo, according to CBS sources.
    I have nothing to hide,” Houghton said when interviewed by CBS News about bringing counterfeit drugs into the U.S. “The businesses that I have are ethical, safe and legal.” When pressed further by CBS, Houghton admitted he was “not sure what the U.S. laws are.”
    “It’s my fault that my company sold this product,” Haughton said. “But I’m telling you we sourced it from the controlled and regulated EU supply chain that millions of people trust every day.”
    A source close to a federal investigation told CBS News that Houghton’s involvement in bringing the counterfeit drugs into the U.S. is a key part of the investigation.
    CBS also learned that Tom Houghton is one of the leading suppliers of Canadadrugs.com, the “largest and most trusted” online Canadian pharmacy, who alleges that they had nothing to do with the fake Avastin being sold in the U.S. Furthermore, Canada Drugs says that Tom Houghton is “one of [their] trusted partners.”
    Regardless, the U.S. Food and Drug Administration says that it is illegal for pharmacies based in Canada or other countries to ship prescription drugs into the U.S.
    “Canada Drugs is not licensed in any of the U.S. states,” Carmen Catizone, executive director of the National Association of Boards of Pharmacy, said. “They are violating state law every time they ship a package into the U.S. to a U.S. patient.”
    Catizone also noted that “no drugs that are being shipped via the Internet to U.S. consumers from these websites we’ve identified actually come from Canada or have actually been approved by Health Canada.”
    The FDA has sent letters to 19 medical practices, saying they may have purchased the counterfeit drug which contained no active ingredient, containing mainly salt and starch.
    “We use Avastin in combination with other chemotherapy,” Dr. James Speyer, head of the NYU Langone Cancer Center said. “In some these colon, lung and renal cancers, it significantly changes the rate of response and may change survival.”
    “Counterfeit drugs is a huge problem in the United States,” Catizone said. “The estimates are that $75 billion worth of sales of counterfeit drugs occur annually.”
    Follow Michael on Twitter
    Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@dailycallernewsfoundation.org.
    Tags: Avastin, Counterfeit, FDA
    And these are only two of close to six hundred news articles and interviews that I have been able to uncover.
    It seems that, with the monies that were made through the sale of counterfeit drugs and the unscrupulous business practices that he had become famous for, this ???criminal???once again has found a way of circumstancing the laws of the land and inflating his and his partner’s bank accounts.
    He,hiding behind his high priced legal team,
    RE:/ (Aikins Law, re:/ AIKINS, MACAULAY & THORVALSON LLP,
    and represented by one JOHN B. MARTENS
    occupying the 30th floor of 360 Main St., Winnipeg, Canada, R3C 4G1…
    phone number 204-957-0050)

    Presently Mr. Haughton is employed as a manager for Thorwin realestate (Owned by Kris Torkelson) and the only reliable address and phone number that I can get on him is:
    Niakwa Park Place
    200-1310 Archibald Street,
    Winnipeg,
    Canada, R2J0Z4
    With a phone number registered under Thorwin Real Estate re:/phone number 204-253-1885.

    Once again he has found a safe haven, with the sanitation of official records, hidden from public view. To try and bring this individual to justice might be a pipe dream given the resources that he has at his disposal. Knowing his past history of using his political and legal influence (paid for through the enormous profits gained through his internet drug business) and the fact that he has become an expert at circumstancing the law, I realize that what I am trying to do will only come about with the assistance and information coming from those who he had maltreated.

    These fugitives from justice might have found a safe haven hiding out in Canada but they are not forgotten. Just how many people, how many loved ones, who went to their doctors for treatment and were given not the treatments that would have saved their lives but a counterfeit drug being sold by a company whose main objective was inflating their bottom line??????? And how often have these criminals gotten off through them bribing or paying off government officials and the justice system allowing them to go Scot free????? Just how many people have had their hopes and dreams shattered through the criminal actions of these predators who preyed upon the innocent sick and dying human beings who needed the help that this drug would have given them….that is if they had received the drugs that they needed not the counterfeit knockoff that was sold by these criminals who hide behind their lawyers and bought off politicians.?????? I feel that it is time to give them a taste of their own medicine!!!!!!!!
    I am presently seeking information on the location; the addresses and Phone numbers of Kris Thorkelson; His Wife Maryanne (Haughton) Thorkelson and Tom Haughton….owners of Canada Drugs who sold counterfeit drugs to unsuspecting people worldwide: To allow these criminals to live freely in Canada just goes to show the depth that Canadians have lowered themselves…..
    Please have your office write to him and their highly paid legal team who protects them from prosecution and let them know that they might be able to run but they will eventually get caught……They might be able to buy off and bribe those living in a third world banana republic but they will not escape just punishment……let’s make their miserable lives pure hell and give them an example of Canadian Justice!!!!!
    Any information regarding these criminals and their activities, no matter how trivial, would be greatly welcomed.
    Please forward this message to any and every person that you can…..Lets get these criminals off the streets.

  10. Well Well Avatar
    Well Well

    How did the DLP know that this HPV Vaccine is not some fake shit put together to con the government for $2000 or more a vial, with the collusion of their own ministers, or does the government know and because of bribes they don’t give a shit about the kids in Barbados…..what a sick mess.

  11. Mark Fenty Avatar
    Mark Fenty

    Michael, I guess Canada needs a drug regulator…….

  12. are-we-there-yet? Avatar
    are-we-there-yet?

    Last week there was a story on Barbados Today about a large scale investigation of corruption in the BFA with some emphasis on the goings on under the former administration of that body. I did not see any other newspaper taking up this story. This week there is a story about the General Secretary of the BFA (A Canadian) being put under some pressure by our Immigration authorities.

    Looks like there might be some dots in those stories that might bear further investigation.

  13. David Avatar
    David

    @Are-we-there-yet

    And this is the problem in Barbados, the respected media and our respected laws never seem too deal fairly with these matters.

  14. Mark Fenty Avatar
    Mark Fenty

    The concept of the Supremacy of the Law, hasn’t any real meaning in the society of Barbados. We know of cases where relatives of high – ranks members of the Royal Barbados Police Force, whom had been accused of very serious crimes, and somehow ended up on the streets of New York City.

  15. Mark Fenty Avatar
    Mark Fenty

    Supremacy of the Law: No one is above or below the Law. The Law applies to all: prime – minister, common – citizenrzy, judge, lawyer, accused, defendent etc.

  16. iabingy Avatar
    iabingy

    IT IS EXACTLY WHAT I BEEN SAYING FOR ABOUT A YEAR OR MORE NOW.ARE YOU UNDERSTANDING YET??????????????IGNORE ME.
    YOU SEE WHAT THE APES HAVE DONE??????????
    http://youtu.be/HJEsrBRbpc8

  17. iabingy Avatar
    iabingy

    Listen closely to when they mention the giving of land for payment.!
    hey wake up.cause it done do, oil rigs to follow.run by non bajans.

  18. iabingy Avatar
    iabingy

    barbadiens and barbadien gang lords prepare for war.!
    get as many arms especially rocket launchers as soon as you can.
    free advise.

  19. Well Well Avatar
    Well Well

    Iabingy………….shut up, you know Bajans will not do shit.

  20. iabingy Avatar
    iabingy

    yes i know. it is sad state of afairs.

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