Tag: Cayman Islands

The NSW government, the feds, the Caymans, and Australia’s worst privatisation unveiled – Michael West

Brookfield, Healthscope

What’s the SCAM

Why such a tortuous corporate structure? To hide things. Indeed the Caymans company is a dead end in public terms because there is no duty to disclose either shareholders or directors in Cayman Island entities. This is also why it is still not known who the financial beneficiaries are of the controversial $80m sale of Australian water rights to a Caymans company set up by former minister, now Shadow Treasurer Angus Taylor, by the department run by former prime minister Barnaby Joyce.

Source: The NSW government, the feds, the Caymans, and Australia’s worst privatisation unveiled – Michael West

A Member’s Interests: Angus Taylor’s other Cayman Islands company is wound up – Michael West

Angus Taylor

Parliamentary disclosure is a joke. The Register of Members’ Interests is routinely gamed and ignored by politicians. This is where MPs are supposed to declare their financial interests. Yet even when they do so, in accordance with the rules, key financial conflicts can be concealed. For instance, where an MP puts his lawyer as director of a company which is trustee for a trust and his niece as the beneficiary of that trust, does he or she even have to disclose the existence of a trust at all? In the case of controversial minister Angus Taylor, there have been blatant breaches. Taylor is by no means alone. Jommy Tee reports on Taylor’s other Cayman Islands company, AML

via A Member’s Interests: Angus Taylor’s other Cayman Islands company is wound up – Michael West

Old Dog Thoughts- The Guardians of our wealth are in the Cayman Islands

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