Member of Parliament for St Lucy Denis Kellman has declared that Barbados’ operations are clean, even though nearly three dozen local companies have reportedly been linked to the “Panama Papers” leak.
The international scandal, which came to light earlier this week, has led to some major casualties. including the Icelandic Prime Minister.
Thirty-four Barbadian companies were also mentioned in the over 11 million documents leaked by the firm Mossack Fonseca to the media, showing how rich and high profile figures conceal their wealth.
“For years small islands like Barbados have demonstrated that wherever they put regulations in place we have followed, so I am happy to hear that the Caribbean is not the place to look for these people now,” said Kellman, declaring, “Barbados is clean”.
He also said the country would continue to respect global rules, while complaining that over the years, Barbados and its Caribbean neighbours had been portrayed in a negative light.
“It is now the major countries that are involved and not us,” he boasted.
“Over the years I have always argued that it has more to do with market share, and anytime a small developing country like Barbados appears to be developing faster than what others would want it to develop at, we have found that . . . they have always accused us of something that we are not doing”. (FW)