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 Well, imagine that: second-richest OZschwitz parliamentarian invested in a ''vulture fund'' based in tax haven Cayman Islands

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RR Phantom

RR Phantom

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Well, imagine that: second-richest OZschwitz parliamentarian invested in a ''vulture fund'' based in tax haven Cayman Islands Vide
PostSubject: Well, imagine that: second-richest OZschwitz parliamentarian invested in a ''vulture fund'' based in tax haven Cayman Islands   Well, imagine that: second-richest OZschwitz parliamentarian invested in a ''vulture fund'' based in tax haven Cayman Islands Icon_minitimeThu Jul 03, 2014 8:21 pm
Malcolm Turnbull, Australia's second-richest parliamentarian, has invested in a ''vulture fund'' based in the tax haven Cayman Islands.

Well, imagine that: second-richest OZschwitz parliamentarian invested in a ''vulture fund'' based in tax haven Cayman Islands Art-353-846213294-300x0

Disclosure of what appears to be a $1 million stake in a New York-run fund targeting distressed and bankrupt companies sparked criticism from financial transparency campaigners on Thursday.

They argue the Communications Minister has invested legally but in conflict with the Coalition's current campaign against corporate tax dodging and the offshoring of profits.

Australia is to chair the G20 leader's summit in Brisbane in November and Prime Minister Tony Abbott and Treasurer Joe Hockey have put on the agenda discussion of tax evasion and profit shifting.

http://www.smh.com.au/federal-politics/political-news/turnbull-investment-in-tax-haven-criticised-20140703-3bbgc.html
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