Tag Archives: tax haven

New Zealand identified as pivotal in world’s rich hiding their money

From William McGregor

Key says his country is a footnote in the Panama Papers … REMEMBER – Key STARTED in the Banking Industry before he rose to power (& position) to create the “Haven” for the RICH to hide their wealth in SECRET hidden Trusts!
He boasted that he never drew a wage while he was Prime Minister; that he DONATED his pay to charity ….
What’s the odds that his wage went to the “J.Key’s Charity Fund”, one of the many HIDDEN Trusts that all rich people have access to?!
THINK! ……
If his wealth was 5 million back in 2008 (when he became Prime Minister), and it was at 55 million when he bailed out of Politics in 2016, and he wasn’t drawing a wage – WHERE THE HELL DID THE DOLLARS COME FROM?!
And he is taking over the reigns to the A.N.Z. Bank next year.

May you receive your “just reward” J.Key; you’ll NEVER be a “Knight” in my eyes ….
While your “thumb’s up”, hitch a ride out of Aotearoa; you’re no Kiwi!

 

from abc.net.au

Panama Papers: New Zealand identified as pivotal in world’s rich hiding their money

Posted

New Zealand is at the heart of a tangled web of shelf companies and trusts that are being used by wealthy individuals to channel funds around the world, according to a report based on leaks of the so-called Panama Papers.

A joint report by Radio New Zealand, TVNZ and investigative journalist Nicky Hager analysed more than 61,000 documents relating to NZ, part of the massive leak of offshore data from Mossack Fonseca, a Panama-based law firm.

The papers have shone spotlight on how the world’s rich take advantage of offshore tax regimes.

Mossack Fonseca ramped up its interest in using NZ as one of its new jurisdictions in 2013 by actively promoting it as a good place to do business due to its tax-free status, high levels of confidentiality and legal security.

The company’s main contact in NZ was allegedly Robert Thompson, co-founder and director of accountant firm Bentleys New Zealand, the registered office of Mossack Fonseca New Zealand, according to the report.

READ MORE

http://www.abc.net.au/news/2016-05-09/panama-papers-new-zealand-identified-as-pivotal-for-hiding-money/7396342

Is NZ really one of the least corrupt countries in the world? What you need to know about your District Councils’ modus operandi – a revealing ‘must listen’ interview with Penny Bright

If, like myself, you’ve pondered at the current vagaries concerning our local District Councils, you need to hear this interview. Penny Bright asks the hard questions and like a dog with a bone, standing up for the marginalized, she won’t be sidelined. She expounds on her discoveries on the local governance front and what’s really been going on behind the scenes, away from public scrutiny. When you’ve listened, take a look at our Agenda 21/2030 in NZ pages on similar topic. See also our Local Govt Watch pages (main menu). They’re all related. All things became corrupted with Rogernomics and the big corporate switch that happened back then.
EnvirowatchRangitikei

 

From ourplanet.org

In this interview anti-privatisation and anti-corruption whistle-blower, Penny Bright, talks on issues around the three Cs – Corruption, Contractocracy, and Corporate Welfare, as well as issues around the private procurement model for public services.

Penny says the root cause of most corruption is privatisation. She asks why the Public Records Act is not being fully implemented and enforced in New Zealand.

If New Zealand is truly ‘the least corrupt country in the world’ – shouldn’t we arguably be the most transparent?

She says public transport is not public, and asks what the implications are of a fuel tax.

Penny has been involved in opposing the Tamaki ‘Regeneration’ project and speaks about dubious government and private dealings there.

She talks on the murdered Maltese investigative journalist who exposed the Panama Papers and has found some disturbing New Zealand connections.

Penny also speaks on State Capture, where private interests significantly influence the government’s decision-making processes to their own advantage.”

INTERNATIONAL RULE OF LAW FORUM

Penny Bright, was invited as a NZ ‘Rule of Law’ expert, together with nearly 300 attendees from 75 countries to the 2017 World Justice Project International Rule of Law Forum at The Hague. There she informed the delegates that New Zealand is a “Corrupt, polluted tax haven.

She says, “My political ‘bombshell’ was about NZ’s corruption REALITY, and

in my opinion, New Zealand is a ‘corrupt, polluted tax haven – a banana republic without the bananas’.

READ MORE & LISTEN TO THE INTERVIEW:

https://www.ourplanet.org/greenplanetfm/penny-bright-is-new-zealand-really-one-of-the-least-corrupt-countries-in-the-world?utm_source=newsletter&utm_medium=email&utm_content=penny_bright#.WgTYN22RrZk.facebook