Jersey is 'part of the world's largest tax-evasion network'

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THE UK's Shadow Home Secretary has claimed that Crown Dependencies, including Jersey, are part of the 'largest tax-evasion network in the world'.

Speaking in the House of Commons, Labour MP Diane Abbott was reacting to what she described as a 'startling oversight' in the new Criminal Finances Bill, which was first presented to Parliament on 13 October.

The bill aims to tackle money-laundering and terrorist-financing and make it easier for the government to recover proceeds of crime.

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