Friday 7 March 2008

Rearrange these to make a well known phrase...












up carpet covered swept the under be will and ,

Greedy hypocritical fuckers all of them!

At least two peers are on a stolen list obtained by the authorities of suspected tax evaders with secret bank accounts in Liechtenstein, it has emerged.

Reports that as many as 40 members of the House of Lords appear on the dossier, which was controversially bought from a banking whistleblower, have been dismissed as wildly inflated.

But The Daily Telegraph has learned that a small number of peers are included on the list of Britons with secret bank accounts in the tiny European tax haven of Liechtenstein.

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The whistleblower, a former worker at the LGT bank, was paid £100,000 for the names by HM Customs and Revenue, having already sold a similar list of German clients to the authorities there for as much as £3.5 million.

Liechtenstein has long been used by millionaires seeking to evade taxes because of its tight banking secrecy. Although it is expensive to open an account there, it is possible to stash millions away from the authorities without anyone knowing.

The late newspaper mogul Robert Maxwell is among those who hid his crooked dealings in Liechtenstein, along with Saddam Hussein, the former Iraqi dictator, and the drugs baron Pablo Escobar.

The presence of even one peer in the dossier would be a severe embarrassment, as the House of Lords votes on tax laws among other legislation. A spokesman for the TaxPayers' Alliance said: "It is obviously wrong if someone is voting on the taxes the rest of us have to pay, but then not obeying the law themselves.

"It is crucially important that our politicians have to pay the same tax as anyone else - that is the only way they can appreciate the severe burden of taxation and the damaging impact it is having on ordinary people's lives."

The whistleblower, data expert Heinrich Kieber, who swiped computer discs containing the names of 1,250 LGT clients, is now thought to be living in Australia under an assumed name.

The bank is one of Liechtenstein's largest, with more than £50 billion in deposits. HMRC has defended its payment for the stolen list, and now hopes to recover millions of pounds of unpaid taxes.

Revenue and Customs chairman Dave Hartnett said: "Most people under investigation have substantial amounts to pay, with at least £100 million tax at risk in the UK.

"Her Majesty's Revenue and Customs is determined to protect the UK's tax base from evasion and in doing so we will use all our statutory powers. It should now be clear to everyone that there is no safe hiding place for the proceeds of tax evasion.

"Those who have hidden income and gains should now make a prompt and complete disclosure."

The principality of Liechtenstein relies on its banking industry, but has been criticised for enabling fraudsters to hide and launder cash.

It refuses to share banking information with the rest of Europe, leading to pressure from many within the EU to come into line. Although the population is just 35,100, Liechtenstein has 75,000 registered businesses.

One of the richest nations in the world, its native language is German and it is an absolute monarchy under head of state Prince Hans-Adam who has the power to sack the government.

Up to 10 countries are now investigating citizens suspected of avoided taxes by using banks and companies based in the Liechtenstein capital of Vaduz.

The prince has complained that the crackdown is unfair and will damage the economy of his tiny country.

Next week, the Lords debate a private members bill which would block any peer from sitting in the House who did not pay taxes in the UK.



So you would be wise to remember these greedy bastards favorite mantra when watching them make decisions that affect your future "Don't do as I do, Do as I tell you"


the answer to our quiz? "covered up and swept under the carpet" OF COURSE!!!!!

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