it says this on its website it says, if you are looking for a tax haven with a solid secrecy policy, seychelles may be the perfect choice. that s the reality. this is very good propaganda for that company. but the reality is due diligence is done on anybody who wants to invest in seychelles through the offshore, and there are a lot of people who are turned away, and seychelles is on the right track to achieving the status, the white list status. this, i can tell you. we have to end there, but president wavel ramkalawan, i thank you so much for joining me on hardtalk. thank you very much, and all the very best. thanks.
BBCNEWS HARDtalk June 4, 2024 22:30:15
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access to those funds. and this is not fair because we are directly affected. what the industrialised nations are doing to our planet, seychelles gets affected, which means that this graduation process is what i m very angry about. and that s why you want this vulnerability index, which means the key factor is not so much how poor you are, but just how vulnerable you are to rising sea levels. exactly. this is what we need to focus on. take, for example, covid. seychelles, in the middle of the ocean, and everything else, but covid was not a climate change event. covid was something else. and overnight, our tourism industry was affected by over 80%. look at our second industry, fisheries. fish do not carry a seychelles passport.
they could come back and we will start the rehabilitation process of the coral reefs. for quite some time, you ve come across as quite an angry and frustrated leader. in may 2022, you said, quite simply, the rich world is failing on climate change. climate aid pledges by industrialised nations, you said, are worthless. yes, i still believe that. yeah, but the thing is, you said that, and then world leaders gathered with their ministers at cop 27, i think it was, in cairo. yes. and they agreed a loss and damage fund for vulnerable nations. that was a breakthrough, was it not? well, a breakthrough, yes. i welcomed the announcement. but now we are waiting for the conditions. and already what i m hearing is it will be for the poorer nations, meaning that because seychelles is among those that have graduated, we will not have
do you think you ve actually succeeded? cos there are many signs that you haven t. no, no, we cannot talk about having succeeded. it s a process. it s a process that will take some time. i know expectations are high, even from my own supporters, but it s only 2.5 years. and we re trying. i mean, these are the 12 labours of hercules that i m involved in. well, yeah, but are you doing it fairly? for example, the key trial that many in your country are watching is of two individuals, a former economic adviser to long serving president france albert rene and the late former president s widow. now, those two are facing trial, it s going to begin very soon. and they are charged with misappropriating a very large amount of money donated to seychelles and money laundering. yes. now, they absolutely, categorically deny the charges and their lawyers say that this is a politically motivated trial.
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