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Judi Lynn

(160,524 posts)
Sun Mar 18, 2018, 05:21 PM Mar 2018

Peruvian President Kuczynski says he used offshore firm to circumvent US taxes: audio

MARCH 18, 2018 / 15:29 / ONE HOUR AGO
Reuters Editorial
By Mitra Taj and Marco Aquino

LIMA (Reuters) - Peru's President Pedro Pablo Kuczynski told a congressional investigative committee that he used an offshore company in the British Virgin Islands to legally avoid paying taxes in the United States, according to an audio that Reuters heard on Sunday. .

Kuczynski made the revelation to the commission during an interrogation of more than seven hours on Friday, just as he tries to disentangle himself from a corruption scandal before a new request for his removal from Congress.

The president, a former Wall Street banker whose wife is an American, told the commission that the offshore company Dorado Asset Management Ltd was controlled by his daughter and helped him avoid taxes legally in the United States, for the sale of a property in Peru .

"Why are we going to pay Uncle Sam and Mr. Trump a lot of money that is here in Peru?" Kuczynski told the commission, according to a fragment of the four-minute audio that Reuters heard about the reserved session on Friday.

More:
https://lta.reuters.com/article/topNews/idLTAKBN1GU0YB-OUSLT

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