Nick Shaxson ■ Quote of the day – Luxembourg and the drugs trade

Quote of the day – Luxembourg and the drugs trade

Published:

6 November 2014

Reading time:

< 1 min

Tags:

Blog

From a Guardian story about the ICIJ Luxembourg story that’s broken today:

“Asked recently if such a crackdown risked damaging the economy of Luxembourg, one senior figure closely involved in the G20 reform programme said: “I don’t care. It is like saying: ‘If you fight drugs there will be no jobs in certain parts of Mexico.’”

Well put.

The author

Nick Shaxson

Nicholas Shaxson is a journalist and writer on the staff of Tax Justice Network. He is author of the book Poisoned Wells about the oil industry in Africa, published in 2007, and the more recent Treasure Islands: Tax havens and the Men who Stole the World, published by Random House in January 2011. He lives in Berlin.

See author’s full profile

Related articles

The UN Secretariat Headquarters building in New York

UN tax convention hub – updates & resources

By Mark Bou Mansour ■ 12 November 2025 ■ < 1 min READ

A heartfelt farewell to our dear Óscar

By Gonzalo Villanueva ■ 17 July 2026 ■ 2 min READ

Public finance is feminist terrain

By Bemnet Agata ■ 14 July 2026 ■ 6 min READ

A wooden toy house in a shadow

New Tax Justice Network reports on real estate transparency

By Andres Knobel ■ 7 July 2026 ■ 2 min READ

Beneficial Ownership of Real Estate Around the World

By Andres Knobel, Bob Michel, Florencia Lorenzo, Gonzalo Villanueva, Lucas Millán, Moran Harari
7 July 2026

Integrating the Collection, Use and Exchange of Real Estate Ownership Information

By Andres Knobel, Bob Michel, Florencia Lorenzo, Gonzalo Villanueva, Lucas Millán, Moran Harari
7 July 2026

Four definitions to change the world: Struggles over meaning in the UN tax convention negotiations

By Liz Nelson ■ 30 June 2026 ■ 2 min READ

Fiscal hell or mirage? What Spain’s wage debate gets wrong

By Nicolás Brennan Hernández ■ 29 June 2026 ■ 6 min READ

A house made of US dollar bills against a yellow background.

Introducing the Real Estate Secrecy Index

By Alex Cobham ■ 23 June 2026 ■ 4 min READ

European passports scattered on top of a map of Europe

Indicator deep dive: Golden Visas

By Bob Michel ■ 23 June 2026 ■ 7 min READ

The European Court of Human Rights has upheld the weaponisation of privacy to restrict tax authorities’ access to banking data

By Andres Knobel ■ 17 June 2026 ■ 6 min READ