How do banks handle the trail of dirty money by corrupt politicians and businessmen? Do they bother to look behind the veil of shell companies, proxies, ‘commissions’ and off-shore tax havens?
Tell me again, why exactly do we need off-shore tax havens? Do they add to transparency, accountability and good governance in the banking system? Duh…
In the video above, note the French non-profit legal outfit, Sherpa. That’s the same outfit reportedly representing Suaram in the Scorpene inquiry in France. Lawyer William Bourdon is attached to the group.
Thanks to blog reader Phua Kai Lit for the video link.