The just released Panama Papers have revealed that the Government of Dominica was a shareholder of the Shangri-La International Development Holding Limited.
The Panama Papers are an unprecedented leak of 11.5 million files from the database of the world’s fourth biggest offshore law firm, Mossack Fonseca. The records were obtained by a German newspaper which shared them with international journalists. The documents show the myriad ways in which the rich can exploit secretive offshore tax regimes.
Other shareholders in the Shangri-La International Development Holding Limited according to the documents, include Tsao King Ling based in China; Rich Victory Investment Ltd based in the British Virgin Islands; Shen Tien Chen based in China; Sino Union (Caribbean) Holding Ltd based in Dominica; David King Hsui based in Hong Kong; Lan Tina based in China; among others.
The company was incorporated in 2004 with jurisdiction in the British Virgin Islands, according to the papers.
The company and the Government of Dominica were involved in the failed Layou River Hotel Project.
In a court case between the Government of Dominica and the Shangri-La International Development Holding Limited, at the British Virgin Island’s East Caribbean Supreme Court of Appeal in 2009, a judge ruled that the Government was unconditionally entitled to 51% of the share equity in Shangri La.
According to court documents, the case was brought by Sino Union, and sought rectification of the registers of members of Shangri-La International Development Holding Limited (Shangri-La). Sino Union owns a forty percent (40%) share in Shangri-La providing them with common ground to apply for rectification under section 43 of the Business Companies Act of 2004. (cited from www.dominica.gov.dm)
Prime Minister Roosevelt Skerrit told a press conference in March 2010 that a committee would seek to look at the Layou River Project and advise the government as to the way forward for the project
Meanwhile the Panama Papers have revealed a number of addresses in Dominica used by people from around the world to conduct business.
The addresses are from diverse places as Morne Prosper, St. Joseph, Bagatelle, Loubiere and Castle Comfort.
According to the papers, the people are located in diverse places such as China and Russia.
Below are screenshots of the addresses.
Is the PM name mentioned in the Panama Papers? Some body please tell me!!
The suicide rate in Dominica has been high as of late; Could witness a spike due to dem Panarama Papyrus.
Well, maybe Levi will find his tongue again and start talking more foolishness as usual. He already voiced his concerns about these papers.
Based on your comments, some of you have no sense. You hear of/read a story as this and immediately you come to a conclusion with your accusations.
The word is “suspicion”; not truth, as your narrow minds see it.
You cannot even appreciate a sensible comment. It is too much for your little minds to comprehend and absorb.
I will not work myself up with this. Who knows? The result may be that the opposition is guilty of this to debase the current government. If you are, it will be revealed sooner or later. You have been trying to oust the PM because you want the position of the government. Time will tell.
If Dominicans are smart, you will pray with a kind heart and wait for the results and conclusion. There is a lot behind it but it may not be what some of you negative minds think.
Those who state D/cans should take to the streets are foolish; not a wise idea. Again, this is the type of minds you have, violent ones.
God is there for everyone and not only one and/or a…
a few.
Pay day is surely getting closer and closer…GOD DOES NOT SLEEP NOR SLUMBER…THE SHAKING HAS STARTED …REPENT BEFORE HE LITERALLY VIOLENTLY SHAKES DOMINICA…REPENT
For Christ’s sake, let us be real Dominicans! From Bin Bobol, Election Fraud, Villas, Ng Lap Seng, Diplomatic Passport Scandal, My Dominica Trade House, highly prejudicial IPO legislation and shell companies in the UK with accumulated assets of close to 120 million dollars ran by the Prime Minister’s “Baby Mama”, Yvette Laurent to these Panama Papers, all we ever do or hear is talk and more talk. The truth is that even if the esteemed Doctor Supreme Leader’s name was written in bold letters and showed that he stashed away a vast majority of the Country’s money NOTHING at all would be done about it! This is why I am becoming more and more convinced that our Supreme Leader will continue to sit in the Prime Minister’s seat for many more years and, of course, continue to do whatever he pleases with impunity. The big mouth talking Dominicans will continue to talk and call Q95 to no avail! Labourites will continue to fly in, cast their votes and head back to greener pastures.
Peyi Bel Boi….
Everyone please go to masinthecemetery.com for no nonsense, tell it as is journalism.
How many people will agree that it would ave better if DNO had not reported anything. It is this type and quality of Journalism that have our country in such state of decay.
If the journalist are so intimidated how can we even blame the people for being scared.
Just a pointer to DNO- note that even the DLP portion of the private sector do their advertising on Q95. For whatever this is Worth.
The media in Dominica are made up off a bunch of whims-all of them.
As far as Dominica is concerned there is much more to be investigated than the Panama papers. These shell companies in the UK which were found not so long ago seem to be very suspect. The opposition needs to get stuck into that and make nails with heads. We have never been so close to uncover this spiders web of corruption and money.
the opposition is not supposed to be a few men who won a few seats, it is all of us dominicans that oppose tyranny, corruption, nepotism, from the men we put in power,,,,
so stop thinking that the opposition is not you and me.
dominicans are weak pathetic beggars that will suck salt for five years and enjoy the hand outs a few month before elections
dominica is really not a real country with real people
You are right but somebody needs to take the lead and organise. That’s what I was saying.
dominicans do your own investigations. find out who or what lives or goes on at the addresses mentioned.some of these addresses have numbers, apt numbers etc. find out who owns,rents whatever these places. find out if they are empty lots… there’s so much that one can do and find out it a case like this.
since the govt cannot investigate itself, the role and responsibility of the opposition has now increased threefold. A petition should be launched immediately to invite outside assistance to investigate the Dominica,s role in the panama papers. The UnDP, the world bank, Imf , human rights actitivists etc. This is absolutely necessary if we want a country.
Madam Speaker I move the motion. Now dissolve this Corrupt DLP government
One thing, Some of allu real stupid. Where did you see that the government is involved in any racketeering?
The President of Iceland resign,TAKE TO DE STREETS PEOPLE, IT IS NOW OR NEVER!
Layba Ka Twavay, Machanstay, Linton call in Interpol, MI6 or FBI, we need outside help to prosecute dem fellas and i have the account # of where Nancy Whithicker house fella stash his US5 million, while farmers crying we in 1.5 billion debt.
It appears that this panama papers business is Roseau people business.the names you see are all around the Roseau area.so this is activity cannot be placed be placed at the the door step of all Dominicans.i am not claiming there is wrong doing by any body,all i am saying stop tarnishing the country,s image by trying to create the impression that the people of Dominica are engaged in panama papers business.
Enjoy – Click on Officers
https://offshoreleaks.icij.org/search?c=DMA&cat=0&e=&j=&q=&utf8=%E2%9C%93
I looked at that entry but unfortunately the common mistake of mixing us up with the Dominican Republic occurred in this case. Look up the addresses and you will find that most of them are in Santo Domingo.
WHAT LINKS SO MANY WISH THAT THE PM COULD BE IMPLICATED BUT NOW WHAT DO WE KNOW THE SAME THING THAT SKERITT TOLD US. THIS IS NOT NEW BREAKING NEWS .SEE EXTRACT FROM THE DNO ARTICLE
.In a court case between the Government of Dominica and the Shangri-La International Development Holding Limited, at the British Virgin Island’s East Caribbean Supreme Court of Appeal in 2009, a judge ruled that the Government was unconditionally entitled to 51% of the share equity in Shangri La.
LABOUR IS GOOD TO US AND DOMINICA.
,,,,really?…And labour ka twavay and all we have flowing in Layou are not jobs, but the Layou River.
When are you people going to understand that we have no development taking place in Dominica. It is patch road…..quick stuff. Dominica sick
This whole affair is causing pain / injury to my beloved Dominica… it hurts beyond calculation and no one in authority gives a damn.
Who’s milking Dominica dry – where’s your moral sense of right and wrong, please?
When news broke that the name of their PM was in the papers, see what they did:
“Iceland Prime Minister Sigmundur Gunnlaugsson was found to be using offshore tax havens. When he was asked about this during an interview, he simply walked out. Thousands of Icelanders on Monday gathered at the Parliament House in protest, throwing yogurt and toilet paper” – mashable.com
In Dominica the name of our government is implicated in that scandal and instead of us doing the right street thing, we treating it like a priest fell sick. Something got to wrong with us
Well as you all already know the high and mighty PM will tell the nation that the writing style in the Panama papers resembles that of Mr. Linton, hence he is the one who is trying to get the government implicated in this corruption. Linton is to be blamed for that. This government is built on transparency and trustworthiness. Skerro doctrine. He he he he he. I have fooled you all again. Amen
They believed me wi. He he he he. Boy I am good, I am really good.
I bet nothing is gonna come out of this… Thats just the way things go around here….
The worst is yet to come…
DNO, Dominica’s part ownership of Shangri-La is nothing new.
Look at that. I know PO Box 185 in Roseau belongs to Dowasco. How can that be? What Dowasco have to do with offshore accounts in Panama? I know the company belongs 100% to government but come on, that can not be.
Dimwit, you never consider that an employee there with strings might have used Dowasco’s address to do his/her dirty deed? Most people use their work address…….in what world are you living. More reason an investigation should be carried out as to why a little, unknown country like Dominica is so known in the Panama papers. Just steop out of Dominica, and yoj will see how unknown we are to the outside world. Yet, our addresses can be linked to the Panama papers…..
Pedro Investments on Independence Street belong to who. Clue clue a Whiteman in Dominica who was involved in a lot of our passport monies going astray from Layou to Roseau to Panama.
So let Dominicans keep wanting to see that same Whiteman go fir the neck of local people who call out his con man game
And the boy just returned from panama..he maybe went to try clear his name,,
I look at those addresses and I just have to shake my head.
The addresses are of well known racketeers since in PJ days, especially the one on Lower Murphy’s Lane.
Some of the names of addresses exist but clearly one can see thy are fictitious addresses; look at the spelling of some, look at the additional address line which do not exist, look how changeably the the office numbers of these places keep changing. Seems there are several addresses in Murphy Lane only. The owners of thee addresses should sue. Beau Bois, Castle Comfort, if these are genuine why are some of the spelling so wrong.
Questions, questions questions, we need answers and we want ALL of these people to answer to Interpol
I note the address Pedro Investment Building, Po.Box 202, Roseau. That is on Independence street and is also the address of KPB chartered accountants., who I believe are also the accountants for the Dominica Social Security Service. See their web page on : http://kpbcharteredaccountants.com/contact.html
These guys have been destroying the name and reputation of Dominica. We should be smattering than that. Hardly can you hear of a controversy for Dominica to be not in the middle of or, connected to it. Oh how frustrating!
De higher de monkey climb is de more his backside expose!
Where there is smoke there is fire!
I heard a senior counsel accuse UWP of corruption in office! Where is de evidence?
Voters beware!
That soufriere by election should signal our response to the DLP administration involvement
Re the Panama papers!
Oh ho, because of this Panama Paper they want to enact laws to shut people mouth. The wrong cannot be hidden, God will always, always make a way to bring it out. People will always talk for God gave us freedom of speech.
GOOGLE! People! And be better informed without bias.
Yes I. Transparency at its best lol
And yet he says that his government is transparent, Next he will say that his government is honest and truthful.
thats wonder why dominica made it on the list of corrupt countries in the world,people are watching us all along and now we are seeing for ourselves,whats really going on
Well well instead of looking and hustling poor ppl.from da working so hard in the state when they come and save a few dollars all u bank in da watch them like I don’t no and asking for ss now u all should look at the dirty corners
This sounds like a set up.
With all this going on how on earth do we allow Roosevelt Skerrit to continue as pm? Are we enablers of evil?
Why was my comment changed? Explain the names of companies associated with ” locals”, that is in their…. starts talking or we will expose it one by one….and btw that’s 1 law firm… Let’s look at the ones from your other offshore agent processing millions of these shell companies for ” the government of Dominica” et al……
People, start typing first names only then search, type last names only then search, type “Dominica” then search…etc etc etc. Time to be transparent and accountable…. btw I WILL NOT BE CENSORED!
Oh Oh
My Dominica
The Next Level
I ashamed
I now have to be so careful to whom I reveal I’m Dominican in my worldly travels
Ok, now DUAL Nationality becoming a valuable asset to me .
http://www.telesurtv.net/english/news/Panama-Papers-The-Caribbean-Connection-20160509-0056.html
When the dust has settled, I hope Mr. Lennox Linton who had been warning us for years, about the corruption between the Government and Shangri la, to which he was almost crucified , he will be vindicated. Remember the case of the missing $54 million when Skeritt had tried to make arrangements to repay after Mr. Linton blew the cocomakat, it will be interesting to see whether such an amount is mentioned in the Panama Report. Remember the U.S $400, 000 for alleged sales of pass ports, first given to a lady residing at Beau Bois, Panama is reporting that same address in its report and the lady who is mentioned is close to our leader. Remember, the million of pounds which had passed through the hands of a Dominican lady posing as a director of various companies in Great Britain………… it is going to be interesting to see if the Beau Bois address mentioned in the Panama Report and the Great Britain director are connected.
Duminicans really gullible and sort eh. Duminicans go on the Panama papers site yourself before making fools on yourselves with these comments based on beff and gossip.
A bunch of Lucifer’s in the flesh! You will sell your soul to the devil to get one MAN! My great, great, great mama and papa have his back, so put that in your pipe and smoke it!
we have so many off shore companies here from UWP time, IBCs international business companies off shore companies are registered here from UWP days daily an Skerro learned the ways of UWP, they taught him how to do it, so Skerro beat dem at der own game dem vex now
you rich people do not care about Dominica. You are just singing for your supper
we have so many off shore compnaies here from UWP time, IBCs international business companies off shore companies are registered here from UWP days an Skerro learned the ways of UWP, they taught him how to do it
Levi Peters and Skerrit knew that the information from the Panama Papers would be out this week.That’s why Skerrit was stuttering his buffoonery about transparency and accountability…That’s why they came up with the foolishness about gagging Dominicans who want to condemn the unprecedented high level of corruption on island…WICKEDS THEY ARE!!
I guess clothes aren’t the only thing you can get laundered on Murphy’s Lane.
Wow this is high tech corruption jAIL TIME
Sentence for all these GREEDY GREEDY PEOPLE
Interesting and surprising at the same time. I am suspicious that some people, familiar with Dominica and these addresses have been using them or most of them which we could call fictitious ones to conduct their transactions so as not to be detected.
Hope the names of the owners of these residences are not implicated. We will hear more.
You epitomize mutton Batali
YOu never fail to amuse me Fact the Facts. Hon Lennox Linton has been vilified and a champion for the cause of Dominica’s integrity.
I hope that you have contributed to his fund for the cause of Dominica, that is You and I. This is true champion who has sacrificed a lot for Dominica. Can you seriously identify any other within this corrupt DLP government? A resounding NO!!!!
Good night
DNO are you all afraid to do the real investigations and tell us as is?it is time our news people stop fearing and report as is. Connect the dots. Dont leave the story so vague. Not all Dominicans understand what is meant by a link to Shan Gri la…. Educate the people. Analyse the info. Get answers from the govt. Thats the job of journalists!!
If you need to know the real deal between Shangri la and Government, check Mr. Lennox Linton. For years he had been telling us about the connection.
Thank You. We have been saying this for quite some time, which is the main reason why we created Mas in the Cemetery blog. Our news organizations are too timid in their reporting. So we have had no choice but to do it ourselves. MiTC is digging deep into this story and we will be reporting to you shortly. We will also be making our investigations available to DNO.
Clint Lowe
Editorial Director
Mas In The Cemetery, The BLOG
http://www.masinthecemetery.com
This is just the beginning…!!!Dominica is being led by people who would be rejects,in any other country on earth!
That is very true!
Skerite you in deep… bosss do the honourable thing boss man resign .. u and your ministers!!!
“Panama Papers have revealed that there were at least 43 addresses in Dominica used by people from around the world to conduct business”
43 addresses in Dominica? I have a few questions you know:
1.In terms of population is there another country named in the Panama Papers with fewer people than Dominica?
2. Is Dominica the largest country named in the Panama papers?
3.How come there are so many addresses from Dominica?
4. Is there another country named in the Panama papers with as many used addresses as Dominica?
5. Did the Hon. Prime Minister know such businesses were taking place in Dominica?
6. Did the Finance Minister sign permit for any of those businesses?
7. Was the Minister for National Security ever informed?
DNO, we get to know by asking questions and that’s all I am doing because I want to know. Me non accusing anyone nou cause me doe want to be charged for inciting violence nou
have u ever heard of off shore companies International Business companies, IBCs all legal , been going on before u were born will continue till doomsday, that is not illegal.
Peter, have you or your family an IBC or an off shore account perhaps? You know that it is not illegal to sleep with your uncle’s young wife, ass long as it it consensual…but it is it right brother? It is not illegal to charge exorbitant interest on pay check loans in Dominica but is it right brother??? Some people think ethics is something you buy at the chemists and is a salve for naive people only.
Keep looking there are thousands.
I agree with you in some respect. The media has not told us what is/are “The Panama Papers”. What does that mean to Dominica? is this an ILLEGAL activity or are the facilities meant to avoid taxation in ones country or even to evade taxation or hide ill-gotten money. The media has a responsibility to the public. Because the local commentaries on the “Panama Papers” are led by local politicians, it has taken on a posture of the government of PM Skerrit and his associates have finaly been found in an illegal and corrupt web of financial intrigue. I do recall hearing a very senior official form the US Treasury (not a politician) suggesting that the activities surrounding the “panama papers” are not necessarily corrupt but that it shows the extent to which people can go to hide their money (rightly or wrongly – my view) from the regulators.
The media here owe us some education away form the sensationalism of the same.
Why would people want to hide something, or operate behind a different name if what they do is above board. Tax avoidance is legal but tax evasion is not. Making money in itself is not illegal but stealing is, as is making it through illegal activities like human trafficking and selling drugs. That is why transparency is needed in all transactions, especially where it concerns public finances i.e. the people’s money.
Ok, somebody has some questions to answer boy. The USA will not play with you boss.
The USA is the most corrupt country in the world, they should be fighting their own corruption.
Angelo revealed these businesses, names and addresses long before the Panama paper leak. Thanks you Angelo.
In the days of Bin Laden, whenever, and wherever a terrorist act was committed before anyone one took credit for it, Bin Laden was a suspect. Similarly these days, whenever or wherever something fishy or some act of corruption occurs, no matter where in the world, rest assured that Captain Bruce and / or the government of Dominica (One man) is going to be implicated whether it takes place in Macau- NG Lap Seng, John Ashe, Francisco Lorenzo or in Nigeria-Diezani Alison-Madueke, the panama paper with so many addresses, Lybia- Gadafi
Does this government (one man) have a special anointing in finding corrupt people? This time they cannot blame Linton or UWP for putting out information. One thing sir “Be sure your sin will find you out.”Num 32:23
Let the games begin
DNO, what happen allu trying to cushion the blow? Report the thing better than that.
The Government of Dominica is listed as a Beneficiary/Shareholder in a company named Shangri-La International Development Holding Limited. It was registered in March of 2004 and is still active according to the Panama Papers leak.
Now let’s think a bit. Who became Prime Minister in January of 2004 after the death of Pierre Charles?
How can the Government of Dominica be listed as a shareholder in a company that is allegedly hiding millions offshore?
Who is collecting or responsible for that money being held offshore?
Who heads “The Government of Dominica”?
For the past 12 years, who has benefited from that money allegedly being deposited and hidden offshore??
There are many questions to be answered.
wow wow wow
you mean the Shangri-La International Development Holding Limited during the UWP administration
To date, this is just a fraction of the leaked files of the Panama Papers and Offshore Leaks investigations. If you Look at the reports Shangri-la has 5 different offshore companies linked to Dominica. The one prior to DLP was dissolved. 4 others opened from 2004 onwards. The next step is for you to click on each and watch the number of entities attached to each. This is corruption at its best. Look for “The Bearer” as well. The bearer in the Panama Papers means “Bearer shares:
Whoever physically holds a certificate of shares is considered the owner of the shares. Bearer shares provide one of the deepest levels of secrecy. Many countries (NOT DOMINICA) banned bearer shares because they are considered a facilitator of tax evasion and money laundering. In the database, bearer shares are sometimes referred to in Spanish as “Portador.” connect the dots. DLP, DFP, UWP need to come clean about all the information to the people of Dominica. This NEGATIVE behavior began in the 1980s.
This is just the tip of the iceberg…I have always been referring to Dominica as a failed state,because the corruption level is so high that we do not even have an economy…IN ANY OTHER COUNTRY THE government would have serious questions to answer….How can leaders who lie,lead a nation into prosperity?THOSE WHO CANNOT HEAR WILL FEEL!!!!
Please explain the other 4 entities ……..etc. If there’s no link I would appreciate hearing him publicly deny any affiliations, links and knowledge of such entities that are part of both Panama Papers leaks and off shore leaks. “The bearer” should also be publicly explained. And please do treat us today as we are 5 years Olds so we under clearly. Off course us regular citizens aren’t so bright to make the connections so please enlighten us further. And be transparent as your administration is so wonderfully transparent. Patientlyrics await your prompt response.
these addresses reminds me of the bogus health centers which we suppose to be all over Dominica.