I think David Shearer is going to have come clean on this…just how much is in his secret offshore account?
He stated it was more than $100,000 on Radio Live with Duncan Garner yesterday evening. It must be way more than that…he is declaring income from that account to the IRD while forgetting to declare the account to Parliament. It is getting embarrassing watching him say he forgot about a lazy $100,000 plus sitting in an offshore account.
Shearer declared his mortgage at Westpac on Pecuniary Interests and deposit at ASB.
Why is this money sitting in the secret offshore Â USD account containing years of UN tax free earnings of the Labour Leader when it could be transferred to New Zealand to Westpac to sit in New Zealand in USD?
Little wonder the Labour leader is trying to talk down the NZD exchange rate. He wants to cash in this account and will not until the NZD drops.
David Shearer has forgotten more money than most of his membership will ever have.
When he says he has been paying tax, where has he been paying it? It is all becoming very murky…just forgetting you have more than $100,000 in an offshore account is farcical enough.
Perhaps he should publish his tax returns…then we can clear this all up…along with his bank statements for his hidden offshore slush fund.
The only reason Shearer has not come clean and told Duncan Garner the actual amount in this secret account is that it is embarrassingly high to forget.
So if the amount is more than $100,000 then is it $500,000 or $1 million?