Chile's head of Transparency International resigns after 'Panama Papers'

[Judi Lynn]

Source: Reuters

Mon Apr 4, 2016 8:55pm EDT

Chile's head of Transparency International resigns after 'Panama Papers'

SANTIAGO, April 4 | By Gram Slattery


The president of the Chilean branch of Transparency International resigned on Monday after documents from a Panamanian law firm showed he was linked to at least five offshore companies.

"Gonzalo Delaveau presented his resignation as the president of Transparency Chile, which has been accepted by the board of directors," the national body wrote on Twitter.

Delaveau was among tens of thousands of people named in a leak of four decades' worth of documents from Mossack Fonseca, a Panamanian law firm that specialized in setting up offshore businesses.

The "Panama Papers" were leaked to more than 100 news organizations around the world cooperating with the U.S.-based International Consortium of Investigative Journalists, or ICIJ, including Chilean watchdog CIPER.

Read more: http://www.reuters.com/article/panama-tax-chile-idUSL2N1771Z1?rpc=401

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[bemildred]

1. That's just hilarious, isn't it? nt

[Judi Lynn]

6. So strange to hear someone from an organization which shouts its propriety to the world should fall.

They are NEVER crooked, are they?

[bemildred]

10. Just because it says is serves the public interest, that doesn't mean it does.

Having your own fake NGO is almost as popular as having your own fake Public Interest PAC.

[arendt]

2. Interesting

Wikipedia: Criticism of Transparency International

Here is the list under that link:

5.1 Supporting the Death Penalty
5.2 Conflicts of Interest, Nepotism, Lack of Transparency
5.3 Competition with OECD's anti-bribery activities in the 1990s
5.3.1 1. OECD convention - the "active" corruption of the EC becomes the target
5.3.2 2. Shadow economy - a swelling source of bribe money

Under that:

TI proposed the controversial Corruption Perceptions Index (CPI ) created by Johann Graf Lambsdorff in 1995, as a possible rating scale for corruption. However, the CPI is limited in its scope, focusing solely on bribe acceptors, and therefore does not include identifying or holding accountable the huge shadow economies in Europe that are the sources of the bribes. As a result, after linear increase during the two decades before the introduction of the EURO, German corruption today has come to rely on an annual underground economy of €350 billion Euros.

5.3.3 3. The CPI - a tendentious tool of the "actives"?
5.4 Accepting funding from Siemens
5.5 Accepting funding from ENI
5.6 Refusal to support Edward Snowden

Could it be that all of TI is corrupt and that only the Chilean branch is being hung out to dry as a sacrificial lamb? Just asking.

Truth in commenting: I currenly have a thread about the PP that proposes a "War on Some Tax Avoiders" scenario.

[Judi Lynn]

5. No doubt, at all. Just saw your link, and it's great, too.

Excellent information available in the Wikipedia.

What big sponsors it acknowledges:

According to its 2012 Annual Report, it is funded by western governments (with almost €5 million from the UK government) and several multinational companies, including oil companies Exxon Mobil and Shell, hedge funds KKR and Wermuth Asset Management, Deloitte and Ernst & Young.[19]

Wow.

[arendt]

7. The system is so corrupt that...

Even the "watchdogs" are carefully orchestrated frauds.

We are so screwed.

[turbinetree]

3. Amazing...........................just like pins at a bowling alley..............

[Judi Lynn]

4. Great! Thank you. n/t

[turbinetree]

8. THey are in so much trouble...............................................

?list=RDskKwNMQNXIU

Honk-------------------for a political revolution Bernie 2016

[rpannier]

9. Heckuva job Gonzalie

[allan01]

11. sure aint transparent anymo.

[NCjack]

12. The US list, please. Why not now? Is it being edited not to offend the most powerful? /nt