Whistleblower

CHAPTER 5

  In a rented room off a long corridor in a grey office block in Amsterdam, a young Belgian man stared at the screen of a laptop computer on a coffee table in front of him. His visitors, two Lebanese men, relaxed and watched, legs apart, from low backed chairs opposite. One was playing with a string of brown beads.

  "OK,. It's set up," the Belgian said. "You want the details?"

  "Not so many," replied one of the Lebanese, sitting forward.

  "I have a trustworthy friend in the Isle of Man who specialises in this type of arrangement. We recommend incorporating the company in Singapore. That way you get what is known as a 'mid-shore' financial centre. You'll get a good package with flexibility for a lot of offshore activity. No tax. You can move money wherever you want.

  "And for five hundred dollars a month," he continued, "You get an office address here in Amsterdam - probably this room where we're sitting now - and a call centre. The call centre will appear big to callers but be just one person trained by me. She'll operate from wherever she happens to be by call transfer to a mobile phone. It works fine. We're doing it for others right now. No questions asked, just messages taken. Everything will be referred to you in Beirut or wherever you are. As for accounts and auditing, everything will be done through the Isle of Man. It's all nice and safe. For all intents and purposes your company will appear sound, well run, secure and, above all, respectful of international law. Where necessary we can also provide evidence of a good trading history. Just tell us what you want."

  He sat back from his laptop, smiled and looked at the two men opposite. "So, are you happy with my recommendations?"

  The one who had remained sitting back playing with the beads now leaned forward. "How much?"

  "Set up two thousand dollars, office and call centre five hundred a month irrespective of how much use you make of it. Auditing? That'll depend on how complicated you make your financial affairs, Mr Farid, so I cannot say. Like any business, keep it simple with little paperwork and keep your overheads low. That is why I am giving you just one sheet of paper to take away and why I only take cash for today's advice and set-up charges - as you already know." He smiled again and placed the single A4 sheet on the table.

  "Why not use Luxemburg like I suggested?" the one called Farid asked as he picked up the paper.

  "Take my advice, Farid. It's getting too expensive. The industry is being hit by all sorts of regulation and bad publicity. None of us want that. As part of my fee I'm trying to save you money and any future complications." He paused. "Anything else?"

  The two Lebanese looked at one another. "No," they said, shaking their heads in unison.

  "Well, I wish you well with your venture," the Belgian said, closing the laptop as they all stood up. "Are you returning to Beirut now?"

  "No, we have a meeting in Milan," Farid said.

  The Belgian nodded, said nothing but noted it. Milan had been the next destination of his last client. He smiled and changed the subject. "I like your company name," he said. "I wish I'd thought of it myself. Cherry Pick Investments sounds so - how shall I say - like white lambs in springtime. So innocent."

  With that the three men laughed, the Lebanese handed over some dollars, they shook hands, and parted.