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.


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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