Is Emma Watson part of a dirty seedy industry?

Stuff reports:

Harry Potter star Emma Watson is the latest in a growing list of implicated in the Panama Papers leak.

The actress was listed as a beneficiary of a company based in the British Virgin Islands, according to The Telegraph.

However, a spokesman said: “Emma receives absolutely no tax or monetary advantages from this offshore company whatsoever – only privacy.”

He said Watson had had her personal safety “jeopardised” by companies publishing her details.

“UK companies are required to publicly publish details of their shareholders and therefore do not give her the necessary anonymity required to protect her personal safety, which has been jeopardised in the past owing to such information being publicly available,” he told The Telegraph.

“Offshore companies do not publish these shareholder details.”

This is a good reminder that there are many legitimate reasons for people to have a trust.

However Andrew Little has said all foreign trusts should be banned as they are part of a dirty and seedy industry.

So by implication he is saying Emma Watson is part of a dirty and seedy industry.

Maybe it is time for Andrew to consider the wisdom of taking a more nuanced position on complex issues, rather than going for the soundbite.

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