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Friday, April 08, 2016

PANAMA PAPERS: IS PETERBOROUGH CITY COUNCIL ENJOYING THE OFFSHORE TAX HAVEN HIGH LIFE?





Its not just the PCC that dabbles with the offshore tax haven highlife .........





Imagine our amazement to find that Mr Machen who has his hands on the purse strings of PCC finances is heavily involved with the offshore PIP  as this extract from the Terms & Conditions of the Peterborough Investment Partnership website explains:  


Clearly the outgoing Conservative (and other) Councillors and the incoming Conservative (and other) hopefuls may wish to urgently establish why a Peterborough City Council employee is working with and closely identified with an Isle of Man tax haven partnership and another tax haven the Luxembourg based Lucent Strategic Land Fund. 

So the question on the doorstep for every candidate has to be are you aware that Peterborough City  Council is actively involved with an offshore tax haven, namely the Isle of Man. And another offshore outfit based in Luxembourg.  Just so there is no misunderstanding :  

"Established in January 2015, Peterborough Investment Partnership (PIP) is an innovative partnership between Peterborough City Council and Lucent Strategic Land Fund. [The Lucent Strategic Land Fund is a Luxembourg-domiciled open-ended investment company (OEIC)]

By enabling the development of surplus land in the Council's ownership, PIP will help to support and sustain the growth and development of Peterborough by bringing new jobs, retail, housing and leisure facilities to the City".  We just need to be assured that British public money from UK taxpayers isn't being channelled through one or both tax havens,  the Isle of Man and/or Luxembourg.

No doubt the outgoing council members will say it is commercially sensitive ( if they ever knew) but like Mr Cameron, the answers will be forthcoming.

This is a  matter of acute public interest, as controversial offshore funds and poor money management seem to be all too often at the top of our national news agenda - and it would be good to have it all cleared up before the local Government Elections in May...




Meanwhile  German politicians urge Cameron to do more in fight against tax evasion
http://uk.reuters.com/article/idUKKCN0X705Q

German politicians have called on Prime Minister David Cameron to do more in tackling the use of offshore companies set up in British overseas territories to evade taxes......


And now the Swiss call for action  http://uk.reuters.com/article/us-panama-tax-swiss-idUKKCN0X70K4




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OUR HUMAN RIGHT TO LAMPOON AND CRITICISE POLITICIANS

THE HIGH COURT has ruled....People have a right to lampoon and criticise politicians and public officials under the Human Rights Act, the High Court has ruled.

We have the full High Court judgment, saved as a page on here. l

ampoon (lampoon) Pronunciation: /lamˈpuːn/ verb [with object] publicly criticize (someone or something) by using ridicule, irony, or sarcasm: the actor was lampooned by the press noun a speech or text lampooning someone or something: the magazine fired at God, Royalty, and politicians, using cartoons and lampoons.

Derivatives: lampooner noun lampoonery noun lampoonist noun Origin: mid 17th century: from French lampon, said to be from lampons 'let us drink' (used as a refrain), from lamper 'gulp down', nasalized form of laper 'to lap (liquid).

NUJ CODE OF CONDUCT

NUJ Code of Conduct

The NUJ's Code of Conduct has set out the main principles of British and Irish journalism since 1936.

The code is part of the rules and all journalists joining the union must sign that they will strive to adhere to the it.


Members of the National Union of Journalists are expected to abide by the following professional principles:

A journalist:

1 At all times upholds and defends the principle of media freedom, the right of freedom of expression and the right of the public to be informed

2 Strives to ensure that information disseminated is honestly conveyed, accurate and fair

3 Does her/his utmost to correct harmful inaccuracies

4 Differentiates between fact and opinion

5 Obtains material by honest, straightforward and open means, with the exception of investigations that are both overwhelmingly in the public interest and which involve evidence that cannot be obtained by straightforward means

6 Does nothing to intrude into anybody's private life, grief or distress unless justified by overriding consideration of the public interest

7 Protects the identity of sources who supply information in confidence and material gathered in the course of her/his work

8 Resists threats or any other inducements to influence, distort or suppress information and takes no unfair personal advantage of information gained in the course of her/his duties before the information is public knowledge

9 Produces no material likely to lead to hatred or discrimination on the grounds of a person's age, gender, race, colour, creed, legal status, disability, marital status, or sexual orientation

10 Does not by way of statement, voice or appearance endorse by advertisement any commercial product or service save for the promotion of her/his own work or of the medium by which she/he is employed

11 A journalist shall normally seek the consent of an appropriate adult when interviewing or photographing a child for a story about her/his welfare

12 Avoids plagiarism The NUJ believes a journalist has the right to refuse an assignment or be identified as the author of editorial that would break the letter or spirit of the code.

The NUJ will fully support any journalist disciplined for asserting her/his right to act according to the code

The NUJ logo is always a link to the home page.

(As modified at Delegate Meeting 2011)