The Cayman Islands has always had the reputation for being a safe haven for tax cheaters, right? How could one of its officials be arrested for theft?
Police arrested the top official in the Cayman Islands on suspicion of corruption, including abuse of office, theft and conflict of interest. This is just the latest development in an ongoing investigation in the British territory famed as both a tax haven and a Caribbean idyll. As reported in www.latimes.com.
The 57-year-old Premier McKeeva Bush was taken into custody at his home on Grand Cayman island.
The charges against Bush include allegations tied to misusing a government credit card and importing explosive substances without the proper permits.
The words have been spoken for some time that Cayman Islands officials would have a zero-tolerance policy toward unethical behavior that may damage the reputation of the Cayman Islands as a leading international financial center. This is the second major arrest.
Bush was detained days after the former prime minister of the Turks and Caicos Islands, another British territory in the region, was arrested in Brazil on suspicion of corruption.
Corruption is seen as a major problem across much of the Caribbean, including Costa Rica and Trinidad and Tobago. Who would have guessed there were corrupt officials in the Cayman Islands? Do you think they should implement stop theft classes down there?