Travers takes aim at ‘delusional thinking’ on offshore finance

Anthony Travers defending the Cayman Islands

(CNS Business): Anthony Travers, a former Chairman of the Board of Cayman Finance, took aim at critics of low-tax jurisdictions as he joined documentary film maker, Jaques Perretti, on a panel at the IBC Transcontinental Trust Forum in Geneva last month looking at the media portrayal of the offshore industry. Dismissing those critics as “delusional”, Travers said Perretti’s documentary about Cayman, Britain’s Trillion Pound Island, which aired on the BBC earlier this year, contained “grotesque mischaracterisations” and that the filmmaker was influenced by the Tax Justice Network.

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