A wave of international rule-making threatens Caribbean tax havens
Their old wheezes are running out of steam
In January 2024 a court in Miami will start hearing an unusual trial: that of Andrew Fahie, the former elected leader of the British Virgin Islands (BVI). In 2022 he was arrested in the United States. The American authorities say he promised an informant working undercover for them that he would allow illegal drugs destined for the United States to pass through his territory’s ports, in exchange for a fee. Mr Fahie, who is under house arrest in Miami, has pleaded not guilty. The skeleton of a house he had been building still stands, unfinished, outside Road Town, the capital.
This article appeared in the The Americas section of the print edition under the headline “Treasure islands”
From the August 26th 2023 edition
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