London Daily

Focus on the big picture.
Monday, Sep 01, 2025

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
Chinese and Indian Leaders Pursue Amity Amid Global Shifts
European Union Plans for Ukraine Deployment
ECB Warns Against Inflation Complacency
Concerns Over North Cyprus Casino Development
Shipping Companies Look Beyond Chinese Finance
Rural Exodus Fueling European Wildfires
China Hosts Major Security Meeting
Chinese Police Successfully Recover Family's Savings from Livestream Purchases
Germany Marks a Decade Since Migrant Wave with Divisions, Success Stories, and Political Shifts
Liverpool Defeat Arsenal 1–0 with Szoboszlai Free-Kick to Stay Top of Premier League
Prince Harry and King Charles to Meet in First Reunion After 20 Months
Chinese Stock Market Rally Fueled by Domestic Investors
Israeli Airstrike in Yemen Kills Houthi Prime Minister
Ukrainian Nationalist Politician Andriy Parubiy Assassinated in Lviv
Corporate America Cuts Middle Management as Bosses Take On Triple the Workload
Parents Sue OpenAI After Teen’s Death, Alleging ChatGPT Encouraged Suicide
Amazon Faces Lawsuit Over 'Buy' Label on Digital Streaming Content
Federal Reserve Independence Questioned Amid Trump’s Push to Reshape Central Bank
British Politics Faces Tumultuous Autumn After Summer of Rebellions and Rising Farage Momentum
US Appeals Court Rules Against Most Trump-Era Tariffs
UK Sought Broad Access to Apple Users’ Data, Court Filing Reveals
UK Bank Shares Dive Over Potential Tax on Sector
Germany’s Auto Industry Sheds 51,500 Jobs in First Half of 2025 Amid Deepening Crisis
Bruce Willis Relocated Due to Advanced Dementia
French and Korean Nuclear Majors Clash As EU Launches Foreign Subsidy Probe
EU Stands Firm on Digital Rules as Trump Warns of Retaliation
Getting Ready for the 3rd Time in Its History, Germany Approves Voluntary Military Service for Teenagers
Argentine President Javier Milei Evacuated After Stones Thrown During Campaign Event
Denmark Confronts U.S. Diplomat Over Covert Trump-Linked Influence in Greenland
Starmer Should Back Away from ECHR, Says Jack Straw
Trump Demands RICO Charges Against George Soros and Son for Funding Violent Protests
Taylor Swift Announces Engagement to NFL Star Travis Kelce
France May Need IMF Bailout, Warns Finance Minister
Chinese AI Chipmaker Cambricon Posts Record Profit as Beijing Pushes Pivot from Nvidia
After the Shock of Defeat, Iranians Yearn for Change
Ukraine Finally Allows Young Men Aged Eighteen to Twenty-Two to Leave the Country
The Porn Remains, Privacy Disappears: How Britain Broke the Internet in Ten Days
YouTube Altered Content by Artificial Intelligence – Without Permission
Welcome to The Definition of Insanity: Germany Edition
Just a reminder, this is Michael Jackson's daughter, Paris.
Spotify’s Strange Move: The Feature Nobody Asked For – Returns
Manhunt in Australia: Armed Anti-Government Suspect Kills Police Officers Sent to Arrest Him
China Launches World’s Most Powerful Neutrino Detector
How Beijing-Linked Networks Shape Elections in New York City
Ukrainian Refugee Iryna Zarutska Fled War To US, Stabbed To Death
Elon Musk Sues Apple and OpenAI Over Alleged App Store Monopoly
2 Australian Police Shot Dead In Encounter In Rural Victoria State
Vietnam Evacuates Hundreds of Thousands as Typhoon Kajiki Strikes; China’s Sanya Shuts Down
UK Government Delays Decision on China’s Proposed London Embassy Amid Concerns Over Redacted Plans
A 150-Year Tradition to Be Abolished? Uproar Over the Popular Central Park Attraction
×