Africa Loses $60 Billion a Year Illegally
- Johannesburg The wall street journal 2015
The article looks into how Africa is losing huge amounts of money to illicit flows based on the report released by the joint panel run by the United Nations and the African Union. These losses have hindered development in Africa and it is important that African governments begin to act. Tax evasion, bribery, corruption and capital flight are some of the activities that have led to Africa losing a lot of money.
taxes tax evasion corruption capital flight money laundering
