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Government ready to counter global corporate tax dictates
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Barbados positioned to offer services in Guyana s oil industry
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Gline Clarke is finally set to take up his appointment in Ottawa Canada
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Barbados investigating reports on offshore business
Article by June 26, 2021
The International Business Unit is investigating a report that places a Barbados-registered offshore company at the centre of an alleged multi-million-dollar international crime ring.
Minister of International Business and Industry Ronald Toppin however revealed that in the absence of an overseas conviction, it would be difficult to take any significant action except to prohibit the company from continuing to operate here.
A Canadian Broadcasting Corporation (CBC) article published earlier this month identified Hyuna International, which operates from Hastings, Christ Church, as being allegedly involved in a scheme that uses a network of streaming websites to scam thousands of internet users.
International business boosting foreign reserves, says Toppin
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