From Diamond to Deceit: We Did Nothing Wrong
- South Africa OSISA and Mail and Guardian Africa 2016
- 16p.
This paper, published by Open Society Initiative of Southern Africa, explains how the Panama Papers have opened the debate on lawful and illicit financial flows as they describe billions of dollars sheltered in tax havens by the world’s economic and political elite. The paper also notes that hundreds of offshore-registered companies are linked to investment in extractive industry in Africa and many of these are registered in tax havens such as the Cayman Islands, the British Virgin Islands and Bermuda.
Transparency, Tax Avoidance and Evasion, Misinvoicing, Smuggling, Corruption, Banking Secrecy
