LEGAL MATTERS: Criminal liability of companies…directors can be let off the hook

THE release of the Pandora Papers on October 4, 2021 caused quite a tumult. Thousands of companies, and the influential people behind them, were implicated in fraudulent misrepresentations, participating in and benefitting from illicit financial flows, concealing assets for the purpose of tax evasion and tax avoidance. Advertisements This begs the question, when a corporate…