OTTAWA–Buried within the millions of documents in a new offshore tax leak is a familiar Canadian name: Jean Chrétien. The former prime minister’s name appears in an internal registry of Madagascar Oil Ltd., an onshore oil company operating in the remote island nation, but registered in the zero-tax haven of Bermuda. Chrétien says an oil man who used to work in Canada, then working for Madagascar Oil in Houston, asked him for assistance. Madagascar Oil’s corporate headquarters was in Houston; its local operations are run out of the African nation’s capital of Antananarivo. Chrétien said, when he agreed to work with Madagascar Oil’s Houston-based team, he assumed the company was based in Texas.

Source: thestar November 06, 2017 21:56 UTC