British Virgin Islands corruption scandal threatens its dependable tax haven reputation ...Middle East

The British Virgin Islands is reeling from a corruption scandal that threatens to upend the territory’s reputation as one of the world’s most dependable tax havens. Last week, outgoing BVI Governor Augustus Jaspert announced a commission of inquiry to investigate allegations of corruption and the misuse of millions of dollars in public funds. The inquiry will focus on a range of claims and alarming discoveries. In a Facebook video posted during his last week as governor, Jaspert referred to accusations he heard during his time in office from officials, journalists and members of the public, including one case in which $40 million earmarked for COVID-19 relief was allegedly siphoned to politi

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