I have been involved in a discussion on the IsThisJersey web site, where my blog entitled ‘2007 - a year in retrospect’ was reproduced.
As is common on such sites the right-wing deniers crept out in force. In this case they said I had no evidence to suggest there was any corruption in Jersey and that […]
Two people claiming to be Channel Island’s financial services operators have been making extensive comments on two blogs on this site. Despite the claims of those who suggest I censor this site worse, I have undertaken considerable correspondence with these two precisely because it has been so revealing.
The first correspondent appears to be with a […]
Sir Mike Rake has been appointed a board director at Barclays.
They suit each other: he headed a firm heavily tainted by offshore and scandal. Barclays are the UK’s most aggressive bank supporter of offshore, both through Barclays Capital and its activity in promoting haven activity, Ghana being its latest victim.
But let’s not pretend that this […]
Barclays ‘Head of Wealth Operations’ has been writing to his customers….
To tell them that running an offshore bank account may not always have been such a bright idea after all
So much for ‘wealth operations’. I’m open to suggestions on other appropriate names……….
Share This
There’s much talk about Barclay’s being able to reduce its tax bill if it moves its head office to the Netherlands as a result of any merger with ABN Ambro. This is unsurprising. The Netherlands is an aggressive tax haven, as I and my co-authors at SOMO have shown in our report, published late last […]
It’s fertile territory for tax in Kenya right now. As my previous entry showed, the Kenyan tax system is assisting some Kenyans to get very rich, largely at the expense of injustice and other Kenyans. So who has arrived on the scene? Why, Barclays of course. As the Kenyan Standard reports today:
Through its private banking […]
There’s a follow up to yesterday’s blog on Roger Jenkins - the man who earns £40 million a year tax dodging for Barclays Bank. The London Evening Standard gave this two pages today, and quoted me. First they quoted me saying that I felt that tax avoidance is unfair, and then said:
Unfair to whom, one […]
The Business reports that Roger Jenkins at Barclays Capital (a subsidiary of Barclays Bank) was paid £40 million last year.
I’ve commented previously on his activities. Let me be unambiguous about why he’s paid this sum though. It’s because he’s successful at diverting (some might call it little less than stealing) tax due to governments to […]
I commented recently on PWC’s Total Tax Contribution.
A couple of days after doing so PWC asked me if I’d comment on behalf of civil society on the issue, on a more formal basis. They’d already asked Bob McIntyre of Citizens for Tax Justice in the USA his views. He declined, and now he’s said […]
The Ethical Corporation has done an interesting review of Barclay’s 2005 CSR Report. In it they note that:
In the foreword to Barclays’ most recent CSR report, group chief executive John Varley writes that he was surprised when he heard that the banking sector is regarded by many as a bit of a laggard on corporate […]
