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Little backs down on comment about Shewan

NZ NewswireNZ Newswire 18/06/2016

Labour leader Andrew Little has backed down on a comment he made about a leading businessman.

John Shewan, the tax expert appointed to review New Zealand's foreign trust laws, has flatly rejected a claim by Mr Little that he advised the Bahamas government on ways to protect that country's tax haven status.

On Saturday Mr Little reiterated his comments had been based on a report in a Bahamas newspaper.

"After meeting with Mr Shewan, I accept his explanation that while he advised the Bahamas government on tax matters he did not advise them on how to maintain their tax haven status," Mr Little said.

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