London Daily

Focus on the big picture.
Saturday, Aug 01, 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 6 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
Finland Deploys Commercial-Scale Thermal Batteries Using Crushed Rock to Store Renewable Grid Energy
Valued at $109 Million: F-35B Fighter Jet Crashes in Southern California
Andy Burnham has Announces Plans to Redistribute Income Tax Revenue to English Mayors
Early-Release Scheme Faces Fresh Scrutiny as Reoffending and Prison Recalls Rise
Police Phone Checks Followed Report on Murder of MI5 Agent Inside Sinn Féin
Archbishop of Canterbury Reaffirms £100 Million Reparative Justice Fund During Ghana Visit
Charities Allege French Police Used Tear Gas Against Channel Migrants
Norwegian Teenager Convicted Over Iran-Linked Murder Plot in Britain
Christian Organisations File Charity Complaints Against Amnesty International UK
Ofgem Tightens Grid Connection Rules for New Data Centres
FTSE 100 Reaches Record High Despite Global Technology Sell-Off
Millions of UK Households Urged to Check Eligibility for Winter Energy Discount
Labour Restores Parliamentary Whips to Diane Abbott and Joani Reid
UK Supreme Court to Hear Challenge Over Palestine Action Ban
UK Commits More Than £8.4 Billion to Dreadnought Nuclear Submarine Programme
England Declares Severe Drought as Wildfire Burns Near Sizewell Nuclear Site
Bank of England Holds Interest Rates at 3.75% as Middle East Tensions Fuel Inflation Risks
Drought Status Extended Across All of Wales as Heat and Dry Weather Deepen Environmental Strain
Record-Low Danube Exposes Probable Mammoth Remains in Bulgaria
UK Business Confidence Climbs to Four-Month High
Greater Manchester Gains Expanded Powers Under Regional Funding Reforms
UK Supreme Court to Hear Appeal Over Palestine Action Terror Ban
Shell's Quarterly Profit Doubles to Nearly $10 Billion on Higher Energy Prices
UK Government Removes VAT From Household Electricity Bills
Exceptional Drought Grips Half of England as Wildfire Threatens Sizewell
Bank of England Holds Interest Rates at 3.75% as Inflation Risks Persist
US Says It Has Carried Out Heavy Strikes on Iran After Attempted Attacks on Its Forces
The chief executive of the popular gaming company laid off many employees and his pay rose to 38 million dollars
UK Employment Holds Steady as Wage Growth Remains Moderate
England to Introduce Artificial Intelligence into Secondary School Curriculum
Wales Launches £1.2 Billion Industrial Regeneration Programme
High Court Upholds UK Digital Surveillance Framework
Northern Ireland Reaches Budget Agreement on Infrastructure and Public Sector Pay
Home Office Expands Digital Border Checks Nationwide
UK Approves Major North Sea Wind and Carbon Capture Project
The World's Most Terrifying Smartphone: Recording, Documenting, and Reporting to the Regime
Scotland Approves Major Renewable Energy Expansion
UK and United States Sign AI and Semiconductor Cooperation Pact
UK Treasury Tightens Fiscal Controls After Gilt Market Volatility
Bank of England Holds Interest Rates at 4.5%
UK Unveils £10 Billion NHS Funding Overhaul and Workforce Reform
The AI User Nightmare: Private Claude Conversations Leaked to the Internet
UK: Former Football Association Leaders Call for World Cup Boycott Over FIFA Privatization Plan
Forbidden Love: China severs millions from their virtual partners
Over 24 Hours in the Air: Qantas Airbus Completes Record-Breaking Test Flight
Prince Harry Faces Significant Legal Costs After Insurance Shortfall
FirstGroup Sells Rail Software Business to Tracsis for £48 Million
Victoria and Albert Museum Staff Vote for Strike Action
Norwegian Teenager Convicted Over Contract Killing Plot in Britain
Royal Mail Raises Bulk Mailing Prices by 30%
×