Taking the Mauritius Route: Of Big Businesses & Crony Capitalism

Secondly, offshore global finance aids and abets in the investment of earnings from serious criminal activities and thus, offer incentives for the global spread of such activities.

And lastly, tax havens, as the authors starkly observe, “have been used by the rich and the powerful to benefit themselves at the expense of the poor and the underprivileged, thereby widening inequalities within countries and on occasion, across nation states as well.”

... read more at: https://www.thequint.com/voices/blogs/blog-black-money-mauritius-demonetisation-tax-haven-modi-govt-panama-papers

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