Tax havens ‘put Britain high on list of corrupt countries’

Britain is high on a list of the world’s most corrupt countries, along with the United States and Switzerland, because of the refuge it offers to dirty money in tax havens such as the Channel Isles and the Isle of Man, researchers said yesterday.
Britain deserves inclusion high on any list of corrupt countries because of its “pinstripe infrastructure” of financial advisers squirrelling away money offshore and because of its reluctance to close down its tax havens, the Royal Geographical Society’s annual conference was told. John Christensen, of the Tax Justice Network, whose research is funded by the Joseph Rowntree Foundation, criticised the ranking of the world’s most corrupt nations compiled annually by Transparency International, a not-for-profit organisation, in which African countries come out as the most corrupt.

telegraph.co.uk

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