London Daily

Focus on the big picture.
Sunday, Jun 21, 2026

Offshore bank at the centre of enormous worldwide tax evasion investigation

In a major exclusive involving 60 MINUTES, The Age, The Sydney Morning Herald and The New York Times, reporter Nick McKenzie reveals extraordinary details about a five-nation investigation targeting wealthy Australians accused of tax evasion.
Code-named Operation Atlantis, its aim is to recover hundreds of millions of dollars stashed away in faraway banks – money that has been ripped-off from ordinary Australians.
Comments

Justice 5 year ago
This is nonsense. Why rich people need to pay so much taxes to finance corrupted lazy useless bureaucrats that do nothing for anybody but their own benefits?

The bug is not in the banking system. The bug is in the basic motto of all this allegations.

Taxes should not be a percentage. It should be a fix service fee per customer (citizen).

And it’s ok for the rich to pay higher fee for vip services from the government, and a “social extra” to pay instead of the poor who cannot.

But the whole idea that officers who do nothing for anybody but themselves will be financed and spoiled by the more taxes he can catch from people who working their ass of to urn it, is a wrong concept. This is the original sin.

Fair taxes must start with fair value for what the people get in return.

Every rich is happy to pay $1 million for a Rolls Royce but none of them is stupid to pay even $1,000 for a broken Toyota.

The way to fight against tax evasion is to give back fair value in return.

And the way to fight financial crimes, is not to manipulate the term money laundering as terror, drugs, and tax crimes. Terror and drugs are real crimes. Taxes is by itself a corruption financing and should be in public debate and dispute. Not always a crime.

People who did not pay their taxes to Hitler was not criminals. And so are people who refuse to pay taxes to corrupted leaders. Do not mix and do not downgrade the interest to fight against real crimes and taxes. It’s not the same.

Government it’s a give and take, not take and take. What people really get for all the direct and indirect taxes they pay. This is the question to begin with. Paying a lot of money for luxury services was never a problem for any rich person.

Newsletter

Related Articles

0:00
0:00
Close
UK Government Tightens Procurement Rules to Prioritise National Security and Supply Chain Resilience
National Drought Group Reviews Water Supply Risks After Dry Spring and Ongoing Heatwave
Andy Burnham Faces Leadership Speculation After Weak Local Election Results for Labour
Charity Commission Appoints Interim Managers to Barnabas Aid Amid Financial Investigation
Government Awards £27 Million Leonardo UK Contract to Maintain Military Aircraft Fleet
Environment Agency Suspends Chichester Waste Site Permit Over Fire and Pollution Risks
Border Force Seizes Record Cannabis Shipment in Major UK Criminal Network Disruption
Lloyds Banking Group to Hire 300 Artificial Intelligence Specialists in Digital Expansion Push
UK Government Introduces Alcohol Monitoring Tags for 7,000 Offenders Ahead of Summer Sporting Season
Resident Doctors in England Prepare Vote on Government Pay and Working Conditions Offer
Police Scotland Investigates Suspected Anti-Muslim Attacks in Edinburgh Following Arrest
Met Office Issues Rare Amber Extreme Heat Warning Across Southern and Eastern England
UK Government Unveils Digital Homebuying Reforms to Cut Costs and Speed Up Property Transactions
Train Driver Dies and 89 Injured in Rail Collision Near Bedford as Safety Investigation Begins
Long-Term Economic and Political Effects of Brexit Continue to Shape UK Policymaking
Digital Disinformation Emerges as a Growing National Security Challenge in the United Kingdom
Britain's Dependence on Global Energy Routes Drives Push for More Resilient Supply Chains
Rising Energy Costs Continue to Threaten Britain's Cost-of-Living Recovery
Concerns Grow Over Far-Right Organizing and AI-Driven Online Radicalization in Britain
UK-Led Global Partnerships Conference Calls for Reform of International Development Finance
Middle East Tensions Continue to Weigh on UK Business Confidence
Reports of Middle East Peace Deal Ease Pressure on UK Energy Prices
UK Warns Middle East Conflict Could Worsen Global Food Insecurity
UK Economy Loses Momentum After Strong Start to 2026
Bank of England Holds Interest Rates at 3.75% Despite Easing Inflation
Brexit's Legacy Remains Deeply Divisive Ten Years After the UK Voted to Leave the European Union
International Anti-War Conference Opens in London as Debate Over European Rearmament Intensifies
UK Health Authorities Introduce Drug Price Concessions Amid Record NHS Medicine Shortages
Sir David Attenborough Supports Sherwood Forest Conservation Efforts After Loss of Major Oak
Aardman Animations Marks 50 Years With Major Exhibition in Bristol
Drax Cleared After Investigation Into Wood Pellet Sourcing Practices
Jaguar Land Rover Shifts Toward Hybrid Vehicle Production for US Export Strategy
UK Police Arrest Liberal Democrat MP Cameron Thomas on Suspicion of Assault
Health Concerns Grow Over Elevated Kidney Cancer Rates Near Lancashire PFAS Factory
Royal Navy F-35 Jets Conduct First NATO Air Warfare Exercise from Finnish Airspace
UK NHS Issues Price Concessions for Medicines Amid Severe Drug Shortages
Heathrow Third Runway Project Faces Sharp Downward Revision in Expected Economic Benefits
Amber Heat Warning Issued Across Parts of England and Wales as Temperatures Rise
Train Collision Near Bedford Disrupts UK Rail Network and Leaves Multiple Injured
Bank of England Data Suggests Brexit Has Reduced UK Economic Output by Around Six Percent
UK Borrowing Costs Hold Near 4.8 Percent as Political Uncertainty Fuels Market Pressure
Andy Burnham Emerges as Front-Runner to Succeed Keir Starmer After Landslide Makerfield Victory
Prime Minister Keir Starmer Faces Mounting Pressure to Resign After Labour By-Election Defeat in Makerfield
Payment Fraud Losses Reach £1.28 Billion and Raise National Security Concerns
Lending to Small Businesses Climbs to Highest Level Since Late 2024
Middle East Conflict Clouds UK Economic Recovery Despite Strong First-Quarter Growth
Bank of England Moves to Simplify Capital Rules for Smaller Lenders
UK Government Fast-Tracks National Security and Cyber Resilience Legislation
Ofcom Investigates Telegram Over Alleged Role in Organising Arson Attacks
MPs Press Fujitsu to Speed Compensation for Post Office Horizon Victims
×