Wise boss fined £350,000 for not reporting 'significant tax issue'

NAMPA / DPA

2024-10-28

London (PA Media/dpa) - The boss of London-listed money transfer firm Wise has been fined £350,000 ($453,862) by the UK financial watchdog for failing to notify it about "significant tax issues." The Financial Conduct Authority (FCA) said Kristo Kaarmann, who co-founded the business in 2011, failed to initially notify the regulator about a previous tax issue and fine during an assessment of his fitness and propriety in 2021. The chief executive w......

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Swapo held a mini rally in Lüderitz

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SWAKOPMUND, 26 October 2024 - United Democratic Front (UDF) President Hendrik Gaobaeb addressing the party’s Erongo Regional Star Rally held at Swakopmund’s DRC’s sports field on Saturday. He is accompanied by some of the party’s regional and local leadership. (Photo by: Isabel Bento) NAMPA

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SWAKOPMUND, 26 October 2024 - Some of the UDF supporters and sympathisers attending the party’s star rally at Swakopmund on Saturday which was addressed by the party President Hendrik Gaobaeb. (Photo by: Isabel Bento) NAMPA

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SWAKOPMUND, 26 October 2024 - United Democratic Front (UDF) President Hendrik Gaobaeb speaking at the part’s star rally at Swakopmund on Saturday. Beside him is Swakopmund Deputy Mayor David Am-!Gabeb. (Photo by: Isabel Bento) NAMPA

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OTJIWARONGO, 26 October 2024 - The Swapo Party Secretary-General, Sophia Shaningwa speaks at a political campaign rally at Otjiwarongo in the Otjozondjupa Region on Saturday afternoon. (Photo by: Mulisa Simiyasa) NAMPA

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OTJIWARONGO, 26 October 2024 - The Swapo Party Secretary-General, Sophia Shaningwa (L) together with the party's presidential candidate, Netumbo Nandi-Ndwaitwah at a political campaign rally at Otjiwarongo in the Otjozondjupa Region on Saturday afternoon. (Photo by: Mulisa Simiyasa) NAMPA

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OTJIWARONGO, 26 October 2024 - The Swapo Party Secretary-General, Sophia Shaningwa welcomes about 50 new members to the party at a political campaign rally at Otjiwarongo in the Otjozondjupa Region on Saturday afternoon. (Photo by: Mulisa Simiyasa) NAMPA

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OTJIWARONGO, 26 October 2024 - The Swapo Party Secretary-General, Sophia Shaningwa (L) together with the party's Presidential candidate Netumbo Nandi-Ndaitwah (second left) at a political campaign rally at Otjiwarongo in the Otjozondjupa Region on Saturday afternoon. (Photo by: Mulisa Simiyasa) NAMPA

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