Government News: Top Stories

Paradise Papers: Tycoon made $41m from 'people's fund'
by Anna Meisel

BBC News Translate This Article
7 November 2017

On 7 November 2017 BBC News reported: An entrepreneur charged with managing the oil wealth of the struggling African state of Angola was paid more than $41m in just 20 months, leaked documents reveal. The payments were made via a complex web of companies set up in the offshore jurisdiction of Mauritius. Jean-Claude Bastos also used his position to help set up large investment deals he stands to further profit from, the Paradise Papers show. ...The leak offers an unprecedented view into what happened to the management fees after being paid into Mr Bastos' company. Global Good News service views this news as the failure of modern government and business systems. Such 'flops' highlight the need for more intelligent, evolutionary, Natural Law based, life-supporting systems.

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Every day Global Good News documents the rise of a better quality of life dawning in the world and highlights the need for introducing Natural Law based—Total Knowledge based—programmes to bring the support of Nature to every individual, raise the quality of life of every society, and create a lasting state of world peace.

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