June 19 - PDP Launches By-Election Manifesto – Cruz To Focus On Constructive Politics
Nick Cruz, PDP leader and a candidate in July’s by-election, this morning launched his manifesto. He described his campaign as a “really exciting and fresh opportunity for Gibraltar” and repeated his central message that, if elected, he would work to revolutionise how politics is conducted locally. Describing the current situation as “party squabbling,” he promised a more constructive approach that would move away from “acrimony and partisan politics.”
July 03 - Government To GSD: “Listen To Our Clear Answers On Sunborn And Savings Bank”
The Government has issued the following statement to clarify and repeat its position on the Sunborn allegations:
The Government notes the statement issued this afternoon by Mr Feetham’s GSD suggesting that the Government’s replies to the questions it has raised about the Sunborn project are anything other than totally clear.
Jun 19 Chief Minister writes to Sr Cristobal Montoro on Spanish Tax Evasion
The Chief Minister, Fabian Picardo, has written to Sr Cristobal Montoro, the Spanish Minister for Hacienda, challenging him to work with the Government of Gibraltar to ensure that there is no Spanish tax evasion money in Gibraltar.
The five page letter sets out why Gibraltar is objectively considered to a "benchmark" jurisdiction in the international financial services sector and highlighting what the relevant "gateways" for access to information on individuals who are suspected to be involved in tax evasion.
Mr Picardo highlights a Europa Press article of 22 April 2013 where, in a clear reference to Gibraltar, Mr Montoro is quoted as saying that “a Europe that fights against tax evasion cannot allow itself to have tax havens”. Mr Montoro was commenting on an article which appeared in El Pais on the same day which was very critical of alleged tax practices in Gibraltar and in which it was stated that his Ministry had set up a working group to “tighten the noose” around Gibraltar’s neck and to suppress the evasion of hundreds of millions of euros of Spanish taxes to, or through, Gibraltar.
Mr Picardo tells Mr Montoro that his depiction of Gibraltar as a place for tax evasion for Spanish residents has come as a great disappointment to HMGoG as are the attacks by members of the Government of the Kingdom of Spain on Gibraltar for alleged tax evasion, lack of transparency on tax matters, poor regulation and money laundering, all of which are wholly unfounded. Mr Picardo tells Mr Montoro that it seems as if Spain is oblivious to the very considerable steps that Gibraltar has taken over the last 20 years to comply with EU and international requirements in all these areas.
July 03 - Gibraltar Savings Bank : No Sunborn Loan Or Investment
A statement from the Gibraltar Savings Bank:
Following recent press statements suggesting that the Gibraltar Savings Bank may have provided a loan to Sunborn (Gibraltar) Ltd, the Gibraltar Savings Bank would like to clarify that it has not provided any such loan to Sunborn (Gibraltar) Ltd nor has it made any investment in this company.
Jun 18 Gibraltar in Treaty of Utrecht Exhibition at European Parliament
This week, HM Government of Gibraltar is marking the 300th anniversary of the signing of the Treaty of Utrecht with an exhibition stand at the European Parliament in Brussels. The Deputy Chief Minister Dr Joseph Garcia will visit the stand later on this week when he goes to Brussels in order to meet EU officials and MEPs.
The Treaty, which was a general peace settlement that followed theWar of the Spanish Succession, was signed in 1713. Article X of the Treaty is the one that refers to Gibraltar. It says, among other things, that the Kingdom of Spain ceded Gibraltar to the Crown of Great Britain “to be held and enjoyed absolutely with all manner of right for ever, without any exception or impediment whatsoever.”
The large ‘S–shaped’ exhibition stand is laid out in four ‘zones’ which focus on Gibraltar’s History, its People, its Commerce and its relationship with Europe. Each zone will incorporate two iPads carrying more detailed information and this information will also be carried in small booklets which will be available for visitors to take away from the stand.
June 18 - Picardo’s Meeting With Cameron On Tax Transparency
On Saturday morning the Chief Minister, Fabian Picardo, met with the Prime Minister, David Cameron, to discuss the issues of Tax and Transparency within Gibraltar, the Overseas Territories and Crown Dependencies. Gibraltar's finance centre, which is highly regulated and sits within the EU, has always welcomed the tighter controls and regulations that would force other jurisdictions onto a more level playing field.
July 03 - 'Answer The Questions' - GSD Tells Government
The GSD has replied following the Government’s press release yesterday in which it denied any financial assistance for the Sunborn project:
The GSD notes the Government's totally evasive response to the Opposition's statement in relation to the mortgage granted over the Sunborn vessel to Credit Finance Co Limited, a company registered at No 6 Convent Place and owned by the Government and the Gibraltar Savings Bank.