London Daily

Focus on the big picture.
Thursday, Sep 17, 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
UK Health Unions Warn of Staffing Pressures as Public and Private Pay Growth Diverges
Rockstar Games Faces Tribunal Claims From 23 Former Grand Theft Auto VI Developers
UK Treasury Faces Tighter Budget Constraints as Borrowing Costs and Pension Spending Rise
Prime Minister Andy Burnham Sets Out Ten-Year Plan for Greater Public Oversight of Utilities
UK Economy Grows 0.4% in July as Services and Technology Activity Strengthen
Scotland, Wales and Northern Ireland Leaders Coordinate Push for UK Constitutional Change
Police Tighten Public-Order Measures After Anti-Immigration Protests in Dover and Portsmouth
UK Ministers Pressed for Answers After US Diplomat Accused of Child Abuse Images Leaves Britain
Jaguar Land Rover Pursues NATO Defense Contracts for Defender Vehicles
British Service Member Dies in Road Accident While Deployed in Ukraine
George Osborne Calls for Britain to Rejoin EU Customs Union
Anthropic Chief Dario Amodei Urges Faster UK Action on Advanced AI Risks
UK State Pension Set for 3.9% Rise Under Triple Lock
UK Labour Market Cools as Payrolled Employment Continues to Decline
Reform UK’s £72 Million in Donations Faces Scrutiny Under Proposed Retrospective Funding Rules
UK Doctors Warn Expanded Pharmacy First Scheme Could Put Patients at Risk
British Airlines Cut Short-Haul Capacity as Jet Fuel Costs Rise
UK News Publishers Forecast 40% Search Traffic Drop as AI Overviews Expand
Axel Springer Wins Approval for £575 Million Daily Telegraph Acquisition
London Mayor Sadiq Khan Opposes Heathrow Third Runway Over Climate Targets
Scotland, Wales and Northern Ireland Leaders Hold Summit Seeking Greater Autonomy
UK Energy Price Cap Set to Rise to £1,723 in October
UK Treasury Warns Middle East Conflict Is Threatening Economic Growth
Labour Moves to Retrospectively Cap Overseas Political Donations After Reform UK Funding Surge
HMRC Warns Nearly Seven Million Adults Are Unclear About State Pension Entitlements
UK Parliament Passes Sovereign Grant Reform Before Conference Recess
British Rail Passengers Gain Automatic Right to Switch Operators During Disruptions
Burnham Hosts Downing Street Business Summit as UK Fiscal Pressure Builds
Labour Government Moves to Challenge £72 Million in Reform UK Crypto Donations
UK Advertising Industry Warns Wider Junk Food Rules Could Put £1 Billion in Media Spending at Risk
Cornwall Opens Devolution Talks With UK Government Over Transport and Local Services
UK Parliament Considers Sovereign Grant Reform Setting Royal Funding at £99.9 Million
Trades Union Congress Calls for Income-Based Energy Tariff Funded by Higher Bank Levy
UK Prime Minister Rejects Second Scottish Independence Referendum
House of Lords Begins Scrutiny of Bill to Lower UK Voting Age to 16
Anthropic Says Claude Was Exploited in Weapons-Related and State-Linked Cyber Activity
Institute of Directors Urges UK Government to Avoid Business Tax Increases in Autumn Budget
Rising Gilt Yields Cut UK Fiscal Headroom to About £13 Billion Ahead of Budget
UK Economy Grows 0.4% in July as Services and Technology Activity Strengthen
UK Government Promises Clearer Student Loan Guidance After Repayment Backlash
Charities Warn Unpaid Carers May Die Before Receiving Government Compensation
Dover Unrest Prompts Review of UK Counter-Extremism Strategy
Celtic Summit Leaders Reassert Right to Pursue Independence From UK
NHS Records Busiest Summer on Record Amid Severe Heatwaves
Harrods Faces Potential £150 Million Compensation Bill Over Al Fayed Abuse Claims
UK Parliament Opens Debate on Landmark Assisted Dying Legislation
Metropolitan Police Investigate Reform UK Over Alleged Foreign Electoral Donations
UK Economy Expands 0.4% in July as AI Investment Boosts Activity
Bank of England Signals Caution on Rates as Inflation Pressures Persist
Tesco Alerts Police After Scammers Use Its Branding in AI-Generated Fraud
×