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Showing posts from October, 2015

British taxpayers fork out £45m in foreign aid to paradise islands that charge NO TAX

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Nations such as Belize, Marshall Islands, Seychelles and Vanautu - which are all included on a European Commission 'blacklist' of international tax havens - have all received cash handouts from the UK Government.
Under a controversial new law introduced by the Prime Minister, Britain is legally obliged to spend 0.7 per cent of Gross Domestic Product (GDP) on foreign aid spending.
However, critics of the foreign aid commitment reacted with fury after it was revealed millions are being handed over to countries that set minimal or even zero tax rates.

An investigation by the Independent found that, for example, more than £1.8million of UK cash was given to the paradise Caribbean island of Anguilla in 2013.
This is despite the nation - which has an estimated population of less than 15,000 -  charging no income, capital gains or any other form of direct taxes on residents or companies, with it described as a "zero-tax jurisdiction".
In total, 13 countries inclu…

John Denis refutes Baseless And False Allegations Against Him

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Apre tou sa ki mwan John Denis monn fer pour esey amenn en sanzman Sesel, ozordi mon vwar mwan pe ganny ensilte par bann dimoun kin dan sa menm lalit ki mwan. An Septanm 2015 monn kit Sesel pour mwan al a letranze pou fer detrwa keksoz personel ek mon fanmiy. Mon ti fer tou dimoun otour mwan konenn ki mon pou absante pou enpe letan. Ozordi deryer mon ledo zot komans fer rimer lo mon lavi. Zot pe dir ki James Michel in pey mwan en kantite milyon pou mwan kit pei. Eksa kwa ki pli fermal , sa I sorti dan labous bann dimoun dan lopozisyon. Bann menm dimoun ki ler mwan mon tipe ekspoz bann voler dan gouvernman, zot zot tipe maske sa bann voler e protez zot. Mon pros pou bez nonm zot non sa bann karya…. Mon leker I desire ler mon tann tousala akoz mwan zanmen mon deza ganny en sou ek personn. Le 25 out 2014, mon ti ganny aprose par en state security agent kit i dir mwan prezidan I oule war mwan, e dapre li I pou fer mwan vin ris. Mon ti dir li ki mon pa oule lar…

Trouble in paradise as election gets dirty

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Opposition parties in the island paradise of the Seychelles have cried foul after the lead challenger to the president in coming elections was arrested over what they say are trumped up charges of molesting a Sri Lankan “houseboy”.
Patrick Pillay, a former High Commissioner to Britain who welcomed the Duke and Duchess of Cambridge to the islands for their honeymoon four years ago, was questioned by police last week and is now waiting to hear whether the Attorney General will charge him. A former minister, in April he announced the birth of a breakaway party from the Parti Lepep, the all-powerful ruling group which has in various incarnations run the country for 36 years.
He is accused of bringing a 30-year-old Sri Lankan, Gihan Fernando, to the principal island of Mahe against his will, forcing him to work as a virtual slave between December last year and February this year, and making sexual advances towards him.
The “revelations” came just a month before Seychellois wer…

Sars seizes crystal meth worth over R16 million at OR Tambo International

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The South African Revenue Service (Sars) on Thursday said its officials had seized crystal meth worth more than R16-million at OR Tambo International Airport this week.
Sars issued a statement following Wednesday’s seizure of a bag containing 20.6kg of the drug that “had come to South Africa from Abu Dhabi via the Seychelles”.
The discovery came after customs officials “stopped two baggage handlers for questioning and decided to search an unaccompanied bag that they had in their possession”.
“The officers became suspicious after detecting a strong smell of glue and sent the bag for a scan‚” Sars said.
“Customs’ new high-tech baggage scanner revealed an image of a concentrated substance and the bag was then physically searched.”
The crystal meth they uncovered was valued at R6.18-million. Sunday saw customs officials discovering more that R10-million worth of crystal meth in a passenger’s baggage after stopping him for a random inspection after he had arrived on a flight fro…

A Billion-Dollar Shell Game in Seychelles

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An Indian-born oligarch who purchased M.C. Hammer’s former mansion in California may have followed the previous owner into decadence and bankruptcy, but, unlike the bejeweled and balloon-panted rapper, this flamboyant figure appears to have benefited from the relaxed laws of an island nation to keep his assets out of the hands of his creditors.
Once the owner of an estimated $3 billion business empire, largely founded on India’s telecom industry, Chinnakannan Sivasankaran, or Siva as his friends call him, filed for bankruptcy in August 2014 in Seychelles, following his loss, in British High Court, of a civil case brought against him by an erstwhile partner, a subsidiary of the Bahrain Telecommunications Company, or Batelco.
It was decided that Siva and his Bermuda-registered company Siva Limited should pay the Gulf-based company $212 million by June 26, 2014. 



However, even before the trial began, the oligarch used his Seychellois citizenship, to arrange a swift legal split f…