European campaign against financial delinquency and tax havens




Presentation (GB)

All the acts and actions which facilitate the acquisition , the circulation, or the use of fraudulent wealth are part and parcel of « financial delinquency ».

The money of the financial delinquency results from the financial speculation and from all kinds of traffics in drugs, sex-business, etc… It enriches the swindlers, feeds corruption, enables the take-over of power by dictators and their lasting rule due to arms dealing and mercenaries payment. It also funds the terrorist networks.

Financial crime has the effect of depriving the States of necessary means in the expenditures of health, education, and assistance to the poor countries.

It finds a protection in States (Tax Havens) which - in order to attract capital - have chosen to welcome and to protect the cheaters against the treasury and justice inquiries from democratic countries. These States accomodate companies ( « umbrella companies » ) organized so as to hide the identity of their owners and associates.

The money circulates and can find shelter in tax havens due to the banking system, which claims its own capacity to check out how « clean » its funds are, through a self appointed survey system !.

Moreover, banks that keep a track-record of all the movements of honest or dirty money made in the world (recorded by the « clearing » or « compensation system ») refuse to communicate information. A free access of the judges to these data would strongly limit the possibilities of financial delinquency.

The authorities of our countries also tolerate or take advantage of these illegal circuits.

Since 1996 (International Call of Geneva, Call to the European Parliament of 1998, Manifesto of Strasbourg) - in order to fight against this type of delinquency- judges from various countries in Europe have called - in vain- for : 1)The adoption by the European Union of common rules (as in the ‘corpus juris » in 1997) 2)A unified definition in Europe for a certain number of international financial offences 3)The creation of a European public prosecutor’s department to investigate all the offences, following unified procedures in order to abolish excessive legal « recources » and appeals.

WE INVITE YOU TO SUPPORT THESE CALLS TO OUR GOVERNMENTS AS WELL AS A MASSIVE DEMAND FOR MEASURES AGAINST TAX HAVENS AND MAJOR CHANGES IN THE CONTROL OF BANKING ACTIVITIES.

BY SIGNING THE ENCLOSED PETITION PRESENTED SIMULTANEOUSLY IN ALL THE COUNTRIES OF THE EUROPEAN UNION.

 

European campaign against financial delinquency and tax havens

- © 2003 : Attac Romans