Secrecy in BOTs fuelling corruption, says report

| 30/11/2015 | 0 Comments

Cayman News Service(CNS Business): A new report released by a coalition of NGOs, including Transparency International UK, has described some of the British overseas territories (BOTs) as “some of the most notorious purveyors of financial secrecy”, despite promises about more transparency. The authors say a World Bank study found that BOTs are the most popular jurisdictions for the corrupt to incorporate a company.

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Category: Politics

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