Tag: Graft

Old Dog Thought- Nowhere to turn Nowhere to Hide this Preacher has no clothes

Fighting Fake News with REAL ; 4/5/22; Grumpy Geezer; Graft; Morrison’s Sparkler went Fhhhht;

Nauru detention centre operator makes $101m profit – at least $500,000 for each detainee | Nauru | The Guardian

Nauru

This is an insult to all Australian taxpayers.

The company behind Australia’s offshore processing regime on Nauru made a $101m profit last financial year – more than $500,000 for each of the fewer than 200 people held on the island.

Rard No 3, the holding company for Canstruct International, which has the government contract to run the Nauru offshore processing centre, has more than $340m in cash and investments, according to its most recent accounts filed with the corporate regulator.

When Canstruct International was initially awarded the Nauru contract in 2017 the company had $8 in assets.

Source: Nauru detention centre operator makes $101m profit – at least $500,000 for each detainee | Nauru | The Guardian

Pandora papers: ‘it’s time to pursue lawyers and accountants who enable tax evasion’ – offshore tax expert Q&A

Painting of Pandora opening her box. Are all these revelations actually helpful? There’s certainly a danger of media saturation, in which the public knows about these kinds of activities and may be less interested by now. But we need to emphasise that the consequences are not going away: to run a modern state, it’s very expensive. To pay for a good education system, a good health system, properly functioning infrastructure and so forth, somebody has to pay for it. If the rich are avoiding paying their share, somebody else is picking up the tab, and that’s either the poor or the squeezed middle classes. So if the public are tired of all this scandal, it doesn’t change the fact that they are suffering because of it.

Source: Pandora papers: ‘it’s time to pursue lawyers and accountants who enable tax evasion’ – offshore tax expert Q&A

Trump and his allies won’t drop claims of stolen election — because they’re cashing in | Salon.com

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Trump’s voting base is a sea of suckers.

Trump and his allies won’t drop claims of stolen election — because they’re cashing in | Salon.com