Geoff Cook, Chief Executive Officer, Jersey Finance, said:

“Having spoken to members of industry, including one of the largest European banana distributors, we have obtained confirmation that there is no trading of bananas conducted through Jersey and there has not been any such trade carried out via Jersey for almost 20 years.

Suggestions that Jersey is somehow the ‘world's largest banana exporter’ are therefore incorrect and are yet another unfortunate example of old data and misinformation being used to make an inaccurate point about Jersey’s probity as a finance centre.

The reality is that Jersey is one of the best regulated finance centres globally, something that has been proven time and again by bodies such as the OECD, World Bank and IMF, and, as recently emphasised by Jersey’s government, Jersey is committed to combatting tax evasion and aggressive tax avoidance schemes.”