Tag Archives: Offshore Business

The Tax Haven Issue Gaining Momentum

Submitted by Not Taken French President Francois Hollande has called for “eradication” of the world’s tax havens and told French banks they must declare all of their subsidiaries. President Francois Hollande As a regular visitor to Barbados, I am concerned with what I am reading in the mainstream media in Canada and Barbados and the blogs. Tourism is in the

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Barbados Blog Accused Of Defamation

BU highlighted the plight of an 80 year old Canadian man on October 18, 2008 who alleged that he had been swindled by an offshore company based in Barbados. The Barbados based offshore company Bridge Management (Barbados) Incorporated reportedly received several million dollars from many Canadians who now seem to be fighting a losing battle to redeem investments. Some frustrated

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Allen Stanford Charged In Multibillion Dollar Fraud

International wires are buzzing today with the news that US Security Exchange Commission (SEC) regulators have charged Antigua based Sir Allen Stanford of ‘massive, ongoing fraud’. The SEC has alleged that Sir Allen has been perpetuating fraudulent transactions through his Antigua based Stanford International Bank. The Texan billionaire Allen Stanford has become a household name in the Caribbean despite the

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Update: A Private War In Iraq ~ The Barbados Connection

Iraqi Government May Ban Blackwater Security Group An incident that left eight Iraqi civilians dead has raised concerns about the private military contractor in Iraq. By Dan Murphy from the September 18, 2007 edition Cairo – The Iraqi government said it would suspend the license of Blackwater, probably the most famous among the armies of private security contractors working inside

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Is Trinidad The Hegemonist Of The Caribbean?

Globalization, a widely used term, can be referred to as the increasing interconnectedness and geographical scale of economic, social, and political interaction. Globalization includes actions to reduce and/or remove barriers to international trade, while promoting new technologies and allowing technologies to be marketed globally. It also involves both national and international policy measures to support expanded transport investments. (Capineri and

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The VECO Saga Continues~Where Does Barbados Fit Into The Puzzle?

It has all the ingredients of a John Le Carre thriller. Corruption, extortion, conspiracy, a company chief executive pleading guilty to bribing state legislators, another employee appointed to oversee the firm’s project in Barbados committing suicide, one Senator being investigated by the FBI and others being pressured to resign. At least 7 persons have so far been charged with serious

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Senator Eastmond. The Canadian Government Intends to Eliminate Double Dipping – How Will Your Ministry Respond?

Another Ditty from Brian Pallister He’s not just the chairman of the powerful finance committee. He’s also a song-writer, well sort of. With Finance Minister Jim Flaherty’s supposed crackdown on tax havens in the news today, here’s what the Portage-Lisgar MP had to say — or sing. And a 1 and a 2 and a … Cheat to Cheat  (with

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