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Africa Robbed of $50bn via Treaties, Weak Tax Laws

by Nwoko, I.
Published by : News Agency of Nigeria (Nigeria) Physical details: 3p. Year: 2017
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This article published by the News Agency of Nigeria highlights that the Pan-African Conference on Illicit Financial Flows (IFFs) from Africa urged African countries to begin a holistic review of all trade and tax laws as well as international trade treaties entered into in the last decades. It was disclosed that Africa loses over 50 billion dollars to multinationals who take advantage of weak tax laws and unfair trade treaties.

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