Offer to ‘hide’ £6m. shown by Panorama
Tuesday 27th November 2012, 12:00PM GMT.
AN ‘OLD Sark Larker’ was filmed by an undercover Panorama journalist in Guernsey allegedly offering to hide £6m. from the UK taxman.
The flagship BBC One programme aired the footage last night as part of an investigation into the global fiduciary industry.
Images of the man, who was unnamed and had his face obscured for legal reasons, came a day after Guernsey officials said that the Sark Lark was ‘dead and buried’.
Speaking after watching the BBC’s Undercover: How to Dodge Tax last night, Commerce and Employment minister Kevin Stewart said it was not possible to stop criminality entirely.
‘I thought the programme was very positive for us. The only person they [Panorama] could find was someone breaking the law,’ he said. ‘We showed and demonstrated we have stamped out sham directors.’