The Denmarkians get serious

Sarah Lund will get to the bottom of this !

Sarah Lund will get to the bottom of this !

Denmark is ranked #1 in the world for its “perceived level of public sector corruption” according to Transparency International. On a scale from 0 (most) to 100 (least) Denmark has scored in the low 90s for the last four years.
Click here for the corruption index and go to “results”.

The Corruption Perception Index scores and ranks countries and territories based on how corrupt their public sector is perceived to be. To generate the CPI score for each country, Transparency International’s Berlin-based Secretariat aggregates data from several surveys and assessments of corruption, collected by a variety of reputable institutions.

Congratulations to Denmark! However the CPI can only assess information that the reputable institutions can access.

Enter the Panama Papers leak

The Danes have a deal with a mysterious somebody to pay to obtain the “Panama Papers”. These were the documents leaked from the Panamanian law firm and corporate service provider Mossack Fonseca. Mossack Fonseca specializes in hiding assets of wealthy individuals and public officials via “shell companies”. The leaked documents also contained identity information about the shareholders and directors of 214,000 shell companies set up by Mossack Fonseca.

The meager Mossack Fonseca documents which were leaked to the public last year had enough in them to cause the resignation of Sigmundur Davíð, the Prime Minister of Iceland and to embarrass (one hopes) former UK Prime Minister David Cameron.

Denmark will be the first government to obtain the entire 11.5 million documents and believes it is worth the investment. The purpose of their zeal is to crack down on tax evasion by Danes and recoup the funds owed their government.

It is ironic that Denmark, of all places, is the first to ask for the evidence and shows that the Danes are serious about cracking down on tax evasion. Other countries with strong links between politicians and wealth are reluctant to pursue ANY information regarding officials and corporate entities stashing their cash in hideouts around the world. Remember the “Lagarde List” and how Greek officials “lost” the USB thumb drive containing information on Greek deposits in Swiss Banks? Anyway, Greece ranks 58th on the index, tied with Romania and right behind Ghana.
North Korea and Somalia are tied for last.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s