UWP Senator warns Dominicans the Panama Papers scandal could have major implications for them
Economist and UWP Senator Dr. Thompson Fontaine, is advising Dominicans that the Panama Papers scandal could have serious implications for Dominica.
The U.S has ended relations with a number of banks in Panama, as they take a closer look at corresponding banking relations, in light of the Panama papers scandal.
Dr. Fontaine says Dominicans need to be concerned. He says he would not be surprised that corresponding banking relations could be ended here as a result.
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