/PRNewswire/ Khelp Financial ("Khelp"), a registered investment advisor in the digital asset sector, is pleased to announce the hiring of two new employees..
what i mentioned that important things in terms of the expectations we have on tax and transparency, one, you want to pay tax where your earnings are generated. that s very important. but you didn t generate earnings injersey and the cayman islands, yet you used them for tax purposes. no, i generated the earnings in the ako fund in the uk, and that s where i paid my full tax all the time. so, why did you have these vehicles that were registered from the cayman island and jersey? because what i said which i mentioned earlier is that the clients of large endowments worldwide, that s where they wanted to be. let s take a bigger picture and look now at how you run the fund. the fund has massive stakes in oil and gas companies around the world, i think still to the tune of some $27 billion. now, post glasgow, cop26 and the urgent need to decarbonise the world
a point and the wealth fund, generally, actually, have made a point that generally, it says it wants to be a much more active shareholder. because you hold investments i think it s over 9,000 listed companies around the world and your shareholdings run into many of these companies billions of dollars. in percentage terms, it might be anything from 1% to 3% or 4% of the company you own. therefore, you want now to have a voice on the way those companies run themselves. are you telling them that putting tax avoidance strategies together is not acceptable? we are telling them what i mentioned that important things in terms of the expectations we have on tax and transparency, that, one, you want to pay tax where your earnings are generated. that s very, very important. but you didn t generate earnings injersey and the cayman islands, and yet, you used them for tax purposes. no, i generated the earnings in the ako fund in the uk, and that s also where i paid my full tax all the tim
of the expectations we have on tax and transparency, one, you want to pay tax where your earnings are generated. that s very important. but you didn t generate earnings injersey and the cayman islands, yet you used them for tax purposes. no, i generated the earnings in the ako fund in the uk, and that s where i paid my full tax all the time. so why did you have these vehicles that were registered from the cayman island and jersey? because what i said which i mentioned earlier is that the clients of large endowments worldwide, that s where they wanted to be. let s take a bigger picture and look now at how you run the fund. the fund has massive stakes in oil and gas companies around the world, i think still to the tune of some $27 billion. now, post glasgow, cop26 and the urgent need to decarbonise the world
the cayman islands, yet you used them for tax purposes. no, i generated the earnings in the ako fund in the uk, and that s where i paid my full tax all the time. so why did you have these vehicles that were registered from the cayman island and jersey? because what i said which i mentioned earlier is that the clients of large endowments worldwide, that s where they wanted to be. let s take a bigger picture and look and how you run the fund. the fund has massive stakes in oil and gas companies around the world, i think still to the tune of some $27 billion. now, post glasgow, cop26 and the urgent need to decarbonise the world economy, are you sending a message that you will divest from oil and gas? no, we are not, and i ll tell you why in 2019, the oilfund divested the pure upstream oil companies. now, that was not for ethical reasons, that was because we wanted to have diversification risk,