Tuesday, October 05, 2010

Panama and the weight of economic interests

Panama is one of the world's murkiest tax havens. And it seems to have followed a pattern that we have long noted elsehwere: the capture of politics and the judiciary (and often the media) by narrow financial interests.

A new story from Panama highlights the problem. Although we don't know the ins and outs of this particular case, this key quote encapsulates the widespread problem:
In this country political and economic forces weigh more than justice."
It is a strange and unpleasant story, worth reading.

1 Comments:

Blogger James said...

Say what you like about the Jersey Way, but at least our courts did the right thing over the Westaway bequest in 1906!!

2:27 pm  

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