Secrecy jurisdictions - they are everywhere
Whether it was logging, or diamonds, or oil, we realized it was a missing link – in every single dirty deal we ever looked at, there was a bank and a front company in a secrecy jurisdiction, or more than one.and, from the same article, which is absolutely excellent:
Anthea Lawson, Global Witness
“I don’t know a single big business in Ukraine which is owned transparently and doesn’t use non-resident companies."And, from the same article again:
Yaroslav Lomakin, who started Honest & Bright, a Moscow consulting firm, who himself has been in the business of registering offshore companies.
“A company is basically an alternative identity. If you form a company for one or two thousand dollars, that’s a whole new identity and it can’t be linked back to anything or anyone,”And if you're looking for startling quotes and insights, there is plenty more in there.
Professor Jason Sharman, an expert on offshore havens for the Center for Governance and Public Policy at Griffith University in Australia
This is the reality of offshore.