From just over a tenth of its overall sales eight years ago, overseas accounts for 40 per cent of group turnover.

A lot of these people are in consulting positions, and they get various, shall we say, emoluments in overseas accounts, and that kind of thing.

Some quietly liquidated the assets of their organization and secreted the proceeds in overseas accounts and investments.

After his death, however, there was much controversy surrounding alleged tax fraud and hidden funds in overseas accounts.

The government also moved to recover millions of dollars in funds secreted to overseas accounts.