{"id":53618,"date":"2020-10-23T08:20:29","date_gmt":"2020-10-23T07:20:29","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=53618"},"modified":"2020-10-23T08:22:57","modified_gmt":"2020-10-23T07:22:57","slug":"goldman-sachs-suppliers-of-corruption-services","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/10\/23\/goldman-sachs-suppliers-of-corruption-services\/","title":{"rendered":"Goldman Sachs: suppliers of corruption services"},"content":{"rendered":"<p>Need <a href=\"https:\/\/www.theguardian.com\/business\/2020\/oct\/22\/goldman-sachs-reaches-29bn-deal-to-settle-us-led-1mdb-inquiry?utm_term=64bf0832904e248155371d790d3b91ba&amp;utm_campaign=GuardianTodayUK&amp;utm_source=esp&amp;utm_medium=Email&amp;CMP=GTUK_email\" target=\"_blank\" rel=\"noopener noreferrer\">I say more than this<\/a>?<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-53619\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2020\/10\/Screenshot-2020-10-23-at-08.12.17-550x499.png\" alt=\"\" width=\"550\" height=\"499\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2020\/10\/Screenshot-2020-10-23-at-08.12.17-550x499.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2020\/10\/Screenshot-2020-10-23-at-08.12.17-331x300.png 331w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2020\/10\/Screenshot-2020-10-23-at-08.12.17-768x696.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2020\/10\/Screenshot-2020-10-23-at-08.12.17-441x400.png 441w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2020\/10\/Screenshot-2020-10-23-at-08.12.17.png 1410w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/p>\n<p>I <a href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2007\/01\/15\/who-are-the-supplies-of-corruption-services\/\" target=\"_blank\" rel=\"noopener noreferrer\">defined the suppliers of corruption services way back in 2007<\/a> as:<\/p>\n<blockquote><p>1. Those governments who supply the secrecy spaces in which corruption can take place, which include (but by no means exclusively) the recognised tax havens;<br \/>\n2. Those who supply the services that allows such corruption to happen including the bankers, lawyers, accountants and trust companies who set up and operate such arrangements;<br \/>\n3. Those who undertake illicit transactions related to capital flight and tax abuse;<br \/>\n4. Those who ignore such transactions in the course of their duties.<\/p><\/blockquote>\n<p>Goldman Sachs has pleaded guilty to facilitating massive corruption. They fit fair and square into my category 2. Of course, they may also fit into 3 and 4 as well, but let's leave it at 2, because that is enough.<\/p>\n<p>Now to ask the obvious question, which is why has to still got a licence to operate? The usual punishment for a crime of this scale is the denial of freedom. Why has it kept it?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Need I say more than this? I defined the suppliers of corruption services way back in 2007 as: 1. Those governments who supply the secrecy<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/10\/23\/goldman-sachs-suppliers-of-corruption-services\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70,14,32,97],"tags":[],"class_list":["post-53618","post","type-post","status-publish","format-standard","hentry","category-banking","category-corruption","category-tax-havens","category-tax-justice"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/53618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=53618"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/53618\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=53618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=53618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=53618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}