This video from Britain says about itself:
David Cameron: third off-shore investment fund linked to father
8 April 2016
We have further revelations about the Cameron family’s financial affairs – and a connection to another offshore company based in Jersey. Paul Macnamara reports.
Pressure on the UK Conservative government intensified Friday, after Prime Minister David Cameron finally admitted that he and his wife, Samantha, personally profited from his late father’s offshore fund: here.
By Joana Ramiro in Britain:
It’s time for you to leave
Saturday 9th April 2015
– Condemned by your own MPs – Collapsing public confidence – A festering mess on everything from health to education – An economy in the doldrums – And now your own tax affairs are a national embarrassment
THOUSANDS are calling on the Prime Minister to step down today after a series of contradictory statements on David Cameron’s involvement in the Panama Papers scandal finally ended in him coming clean.
Mr Cameron was forced to confess on Thursday evening that he had sold his shares of Blairmore Holdings — a tax haven scheme set up by his father Ian — raking in a reported £31,500.
The fund was discovered among the Mossack Fonseca documents leaked earlier this week.
It took the Prime Minister three days to come forward after his office originally claimed his stake in Blairmore Holdings was a “private matter.”
Opposition leader Jeremy Corbyn said the PM had “misled the public” and “lost the trust of the British people.”
He said: “It took five weasel-worded statements in five days for the Prime Minister to admit that he has personally profited from an undeclared tax haven investment deal.
“His determination to conceal that arrangement over many years raises serious questions over public trust in his office and his willingness to be straight with the public.
“Once again the message has gone out that there is one rule for the wealthy and another for the rest of us.
“Tolerance of tax avoidance and tax havens, and inaction on tax evasion, is denying funds to the public purse and leads directly to cuts in services and benefits that are hurting millions of people in Britain.
“The Prime Minister has lost the trust of the British people.”
His words came ahead of an expected 3,000-strong protest outside Downing Street demanding Mr Cameron’s resignation.
Writer Abi Wilkinson, who organised today’s “David Cameron: close tax loopholes or resign!” event, told the Star:
“Though Cameron’s personal tax affairs expose his hypocrisy, the thing that made me feel I had to organise something was the Financial Times revelation about Cameron personally intervening to block an EU crackdown on tax avoidance.
“Now he’s admitted he profited from Blairmore it makes me further doubt whether he can be trusted to fix a system that is fundamentally broken.
“Something needs to change, and we need to at least try to make that happen.”
A petition calling for the Prime Minister to step down over “deception and conflict of interest” reached 30,000 signatures in just over 48 hours.
Celebrities like whistleblower Edward Snowden and pop singer Lily Allen expressed their support for the initiative on social media.
Ms Allen went as far as announcing she too would be standing outside Downing Street today demanding Mr Cameron’s resignation.
The People’s Assembly Against Austerity backed the demo at 11am in Downing Street.
National secretary Sam Fairbairn said the latest debacle shows an “out of touch Prime Minister and a government of the rich in total disarray.”
Pointing to the Peoples’s Assembly’s own demo on April 16, he added: “Mass protests work. Iceland toppled their Prime Minister, now it’s time that we took to the streets and toppled Cameron. Enough is enough, Cameron must go.”
Taxing the PM’s memory
January: Talking to business leaders in Maidenhead, Cameron was clear on offshoring corporate profits: “We need a tougher approach. One of the things that we are going to be looking at this year is whether there should be a general anti-avoidance power that HMRC can use, particularly with very wealthy individuals and with the bigger companies, to make sure they pay their fair share.”
June: Cameron sits on his high horse, denouncing Jimmy Carr as “morally wrong” and “very dodgy” after the comedian was found avoiding tax through a legal offshore scheme.
June: Hosted by Britain, the G8 summit focuses on tax avoidance and tackling tax evasion. Cameron said: “Those who want to evade taxes have nowhere to hide.”
November: Cameron directly intervenes with European Council president Herman van Rompuy, arguing British trust-funds should be exempt from a new EU law clamping down on money laundering. “It is clearly important we recognise the important differences between companies and trusts,” he said.
May: After his BFF Gary Barlow is found using a tax avoidance scheme, Cameron tells ITV’s Good Morning Britain: “I am against these aggressive tax avoidance schemes but I am not just against them — this government has taken a huge amount of steps to legislate and toughen the laws and go after aggressive tax avoidance schemes.”
October: Cameron’s Chancellor and right-hand man George Osborne tweets: “Tax evasion is not just illegal it’s immoral. People evading tax should be treated [the] same as common thieves. This agreement helps us tackle them.”
February: The Con-Dem leader defends his tax record on the campaign trail, saying: “No government has done more than this one to crack down on tax evasion and aggressive tax avoidance.”
April: As part of their election manifesto, the Conservatives are adamant: “Tackling tax evasion and aggressive tax avoidance and tax planning is an important part of our long-term economic plan.”
May: Shortly before the general elections, Mr Cameron used his Twitter account to register that “if you have done the right thing — worked, saved and paid your taxes — you should be rewarded, not punished.”
April 4: No 10 officials argue that tax affairs are a “private matter” after Cameron’s late father Ian appears in the Panama Papers.
April 5: In response to a journalist’s question on the Blairmore company, Cameron quips: “I own no shares, no offshore trusts, no offshore funds, nothing like that. And so that, I think, is a very clear description.”
April 7: The Prime Minister admits he had indeed benefited from the profits made by his and his wife’s shares of Blairmore Holdings, which the Camerons sold off in January 2010, a few months before the general election.
Reblogged this on sdbast.
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Friday 8th April 2016
posted by James Tweedie in World
GLOBAL trade unions welcomed yesterday the revelations of corporate tax avoidance in the Panama Papers leak.
International Transport Workers’ Federation general secretary Stephen Cotton drew the link between Panama’s position as a tax haven and a maritime flag of convenience.
“And who pays the price? Seafarers, who are subject to poor conditions and lower wages because they’re at the mercy of a system that allows for minimal regulation and the acquisition of cheap labour.”
Public Services International general secretary Rosa Pavanelli said money for vital public services “has been swindled away from the people.
“The victims of tax evasion have a human face: they are the children who attend deteriorating schools, the elderly who see their health costs rise,” she said.
But the revelations by the corporate-sponsored International Consortium of Investigative Journalists and the US government-funded Organised Crime and Corruption Reporting Project are likely to be just the tip of the iceberg.
British documentary-maker Mark Donne told Telesur news on Wednesday that Mossack Fonseca, the company at the centre of the scandal, was not even among the top 10 tax avoidance law firms.
“Every single one of the top tax haven law firms are headquartered in London or headquartered in a UK overseas territory.”
Mr Donne pointed out that the world’s biggest tax avoidance law firm, Maples and Calder, was founded by the
late Conservative Party MP and deputy chairman John Maples.
He said that transnational corporations’ network of shell companies in offshore tax havens amounted to a “second British empire” that had robbed developing nations of much-needed revenue.
posted by Morning Star in Editorial
TONY BLAIR’S reputation as a “pretty straight sort of guy” perished among the lies, distortions and dodgy dossiers that smoothed his invasion of Iraq. David Cameron’s authority is now similarly shot.
The exposure of his stake in his father’s offshore stash makes a mockery of the PM’s repeated denunciations of tax avoidance as “not morally acceptable” and “wrong.”
More seriously still, this self-appointed anti-corruption crusader — who planned to host an international summit on the topic next month — intervened personally to prevent a crackdown on offshore trusts as part of anti-tax avoidance measures being mooted by EU chiefs.
The fact that he hasn’t been proved to have broken the law pales beside the fact that he ensured the law continued to protect the crooked practices that contributed to his own fortune.
And they were crooked — whatever Blairite has-beens like John McTernan may claim about dodging tax being normal, burying your loot on a desert island isn’t behaviour we usually associate with law-abiding citizens.
That Cameron is a hypocrite is not news. It has been demonstrated time and again.
A Prime Minister who coined the phrase “compassionate Conservatism” has mercilessly put the boot in to Britain’s most vulnerable, depriving disabled people of the means to live in dignity and hammering the poor so hard even his brutal enforcer Iain Duncan Smith ended by resigning.
The “one nation” leader who said before 2010 he rejected the “divisive” policies of Thatcher has pursued a radical right-wing assault on the public sector which has cost hundreds of thousands of jobs, undermined the foundations of the National Health Service and is now bent on the demolition of state education through the academies drive.
And the man who denounced the cosy links between politicians and the private sector that allowed “big business [to] find the right way to get its way” sponsored the Transparency of Lobbying, Non-Party Campaigning and Trade Union Administration Act, which in a breathtaking sleight of hand left corporate lobbying untouched while gagging the voices of charities and unions.
But this long history of duplicity hardly weakens the case for his resignation.
It can be easy to slip into a fatalistic assumption that Cameron will get away with it — men born into his privileged class so often do. But the people power that toppled the Icelandic prime minister earlier this week can be replicated here.
Within a couple of days a suggestion on Facebook has given birth to a likely demonstration of thousands on the streets of London today, while in a week’s time the People’s Assembly, backed by the trade union movement, will marshal tens of thousands from communities the length and breadth of Britain demanding fundamental change.
We are not voices in the wilderness. Big majorities support the nationalisation of strategic industries such as steel as well as of our railways and utilities.
A massive clampdown on tax evasion and avoidance and a day of reckoning for the parasitical elite who are suffocating our country would meet public approval.
And, as former mayor of London Ken Livingstone states in today’s paper, “Labour is now unafraid to connect with the mass movements and civil society that form our country’s wider opposition to the Conservatives.”
It’s time to mobilise friends, families and comrades for a massive demo next weekend and for maximum unity of all progressive forces as we approach next month’s elections.
David Cameron should resign. But he’s just one Tory. Our movement must become strong enough to wash them all away.
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I’ll just leave my illustration of the dear leader’s tragic resignation from his responsibilities to the nation as a comment:
Hi, thanks for the link!
Cheers. I don’t know what your link is but it doesn’t seem to work for me (leads me to coded gibberish).
It does work when I click it 🙂
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