00963nam a22001097a 4500100001700000245005600017260003200073300000800105520058600113650005200699856010200751  aThe Guardian  aAfrica losing billions from fraud and tax avoidance  aLondonbThe Guardianc 2015  a3p.  aThe article is based on the findings of the AU high-level panel on illicit financial flows and the UN economic commission for Africa (Uneca), the first African initiative to address illicit outflows, multinationals and crime deprive poor countries of crucial services. Africa is losing more than $50bn (£33bn) every year in illicit financial outflows as governments and multinational companies engage in fraudulent schemes aimed at avoiding tax payments to some of the world’s poorest countries, impeding development projects and denying poor people access to crucial services.   aTAX EVASION TAXES TAX AVOIDANCE MISPRICING DRUG  uhttp://iffoadatabase.trustafrica.org/iff/africa_losing_billions_from_fraud_and_tax_avoidance_.pdf