Multinationals' tax scams rob Africa of money

Faced with lax laws and poor enforcement, foreign firms operating in countries like Nigeria are cheating the system.

    African leaders, experts and stakeholders are meeting to discuss African-led solutions to the impact of illicit financial flows in the continent, estimated at more than $50bn.

    Faced with lax laws and poor enforcement, multinational companies doing business in Africa - from oil to service industries -are cutting corners, denying countries such as Nigeria substantial revenue.

    Al Jazeera's Ahmed Idris report from Abuja.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Musta'ribeen, Israel's agents who pose as Palestinians

    Who are the Israeli agents posing as Palestinians?

    Musta'ribeen are an elite Israeli undercover unit that disguises themselves as Arabs or Palestinians.

    Stories from the sex trade

    Stories from the sex trade

    Dutch sex workers, pimps and johns share their stories.

     How Britain Destroyed the Palestinian Homeland

    How Britain Destroyed the Palestinian Homeland

    100 years since Balfour's "promise", Palestinians insist that their rights in Palestine cannot be dismissed.