"John Doe", the whistleblower who leaked the documents to German journalist Bastian Obermayer from the newspaper Süddeutsche Zeitung (SZ), remains anonymous, even to the journalists who worked on the investigation. "My life is in danger", the whistleblower told them. In a May 6th 2016 statement, John Doe cited income inequality as the reason for the action and said they leaked the documents "simply because I understood enough about their contents to realize the scale of the injustices they described". Doe added that they had never worked for any government or intelligence agency and expressed willingness to help prosecutors if granted immunity from prosecution. After SZ verified that the statement did in fact come from the source for the Panama Papers, the International Consortium of Investigative Journalists (ICIJ) posted the full document on its website.
During proprietary rule, The Bahamas became a haven for pirates, including Blackbeard (circa 1680–1718). To put an end to the 'Pirates' republic' and restore orderly government, Great Britain made The Bahamas a crown colony in 1718 under the royal governorship of Woodes Rogers. After a difficult struggle, he succeeded in suppressing piracy. In 1720, the Spanish attacked Nassau during the War of the Quadruple Alliance. In 1729, a local assembly was established giving a degree of self-governance for the English settlers. The reforms had been planned by the previous Governor George Phenney and authorised in July 1728.More Info
In 1670, King Charles II granted the islands to the Lords Proprietors of the Carolinas in North America. They rented the islands from the king with rights of trading, tax, appointing governors, and administering the country from their base on New Providence. Piracy and attacks from hostile foreign powers were a constant threat. In 1684, Spanish corsair Juan de Alcon raided the capital Charles Town (later renamed Nassau), and in 1703, a joint Franco-Spanish expedition briefly occupied Nassau during the War of the Spanish Succession.More Info
Columbus's first landfall in what was to Europeans a 'New World' was on an island he named San Salvador (known to the Lucayans as Guanahani). Whilst there is a general consensus that this island lay within The Bahamas, precisely which island Columbus landed on is a matter of scholarly debate. Some researchers believe the site to be present-day San Salvador Island (formerly known as Watling's Island), situated in the southeastern Bahamas, whilst an alternative theory holds that Columbus landed to the southeast on Samana Cay, according to calculations made in 1986 by National Geographic writer and editor Joseph Judge, based on Columbus's log. On the landfall island, Columbus made first contact with the Lucayans and exchanged goods with them, claiming the islands for the Crown of Castile, before proceeding to explore the larger isles of the Greater Antilles.More Info
The government has adopted incentives to encourage foreign financial business, and further banking and finance reforms are in progress. The government plans to merge the regulatory functions of key financial institutions, including the Central Bank of the Bahamas (CBB) and the Securities and Exchange Commission. The Central Bank administers restrictions and controls on capital and money market instruments. The Bahamas International Securities Exchange consists of 19 listed public companies. Reflecting the relative soundness of the banking system (mostly populated by Canadian banks), the impact of the global financial crisis on the financial sector was limited.More Info
These incidents, in which a total of 447 slaves belonging to US nationals were freed from 1830 to 1842, increased tension between the United States and the United Kingdom. They had been co-operating in patrols to suppress the international slave trade. However, worried about the stability of its large domestic slave trade and its value, the United States argued that the United Kingdom should not treat its domestic ships that came to its colonial ports under duress as part of the international trade. The United States worried that the success of the Creole slaves in gaining freedom would encourage more slave revolts on merchant ships.More Info
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