‘Stop damaging our reputation abroad!’
Friday 19th October 2012, 2:30PM BST.
STATES Deputies who suggest that Island institutions are corrupt or grossly incompetent risk damaging Jersey’s reputation way beyond our shores, Senator Sir Philip Bailhache has warned.
In a speech to business leaders, the Assistant Chief Minister with responsibility for foreign affairs rounded on detractors – both in and outside of Jersey – as part of a drive to combat what he called the destructive ignorance fuelling negative views of the Island.
He said that much of the criticism directed at Jersey and its label as a tax haven which was harmful to UK, EU and third world countries were the result of ‘the green-eyed monster of envy and ignorance’.
Senator Bailhache told members of the Jersey Association of Trust Companies that a huge amount of work was being done both very publicly and behind the scenes to promote the Island as a well regulated finance centre around the world.