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.

Read more and comment on CNS Business

Tags:

Category: Politics

You can comment anonymously. Please read the CNS Comment Policy at the top of this page.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

SIGN UP FOR THE CNS NEWS LETTER, SENT EVERY WEEKDAY STRAIGHT TO  YOUR INBOX