A prominent Barbadian has been named in the leaked papers relating to the investigation of offshore companies.
Attorney Sir Trevor Carmichael is said to be connected to more than 1 000 companies, allegedly as a nominee director, in the ongoing worldwide probe being done by the International Consortium of Investigative Journalists (ICIJ), that recently released information on more than 40 000 Barbados offshore companies. Their work is part of the continuing Paradise Papers investigation.
However, Sir Trevor dismissed the report as not being accurate in its representation of both the local offshore sector and locals who serve as directors.
“The report clearly does not accurately represent the nature and scope of Barbados’ international business sector, particularly with its focus on what it terms ‘nominee directors’. The term has no grounding or basis in Barbadian corporate law or in Barbadian business practice,” said Sir Trevor when contacted by the Sunday Sun. (MB)
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