Astonishing news from Panama Papers hack – Lawyers do their jobs

The consortium of left-wing numpties have released the astonishing news that Lawyers apparently do their jobs, and worse they appear to also talk with other lawyers…overseas.

New Zealand law firms that lobbied the government in 2014 against shutting down the foreign trust industry in this country had extensive links to Mossack Fonseca.

So what, they represent clients, they talked to ministers about changes. It’s called politics and lobbying and it happens everywhere. You don’t think the unions are just enjoying cucumber sandwiches and jugs of chardonnay when they waltz into Labour ministers’ offices do you?

Four of the five firms that met with and lobbied the then Revenue Minister Todd McClay have done a varying amount of business with the controversial Panamanian law firm, with Auckland-based firm Cone Marshall featuring most prominently.

The Panama Papers also show the man who has long handled Prime Minister John Key’s personal legal matters, Ken Whitney, had links to Mossack Fonseca through two companies – registered in the British Virgin Islands, with Mossack Fonseca as their agent. Mr Whitney also acted as a referee for Karen Marshall of Cone Marshall in 2009.

Foreign trusts and New Zealand’s rules have been under the spotlight since the release of the Panama Papers, which revealed how the Panamanian law firm orchestrated a worldwide web of companies designed to let people hide money and avoid taxes.

And nothing is illegal, but boy are they trying to make it sound illegal.

The Pamana Papers show that along with Roger Thompson of Bentleys, a group of New Zealand law firms has been doing a significant amount of business with Mossack Fonseca, setting up companies and trusts.

Various lawyers also act as directors, secretaries, treasurers and liquidators for dozens of trusts and companies set up and registered overseas, many of them in the British Virgin Islands (BVI). In some cases, the law firms also provide registered addresses for the companies and trusts to use.

So what? My company has its registered address at my accountant…who cares? This is trying to murk up precisely what trust lawyers do. A sensible person always has an independent trustee on their trust. Trusts are supposed to be arms length. This whole beat up is about lawyers and accountants doing their jobs and these morons trying to make them sound bad.

This is a shameless hit job by the media on people who are simply doing their jobs.

The media are trying to make it all sound dodgy by talking about drug dealers and gun dealers and other criminals, but they haven’t made the next logical conclusion and worked out that if that is the reason one shouldn’t be working with these law firms then every law firm in the country needs to close down because most of them represent criminals at some stage in their career.

I think they have massively over-reached and may even end up getting themselves sued in the process.

 

– RadioNZ


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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

To read Cam’s previous articles click on his name in blue.

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