00979nam a2200109 4500100001100000245008700011260002400098300000800122520057700130650003700707856012500744 aKuo, L aAfrica Loses More Money to Illicit Financial Flows than it Receives in Foreign Aid bQuartz Africac2016 a3p. aThis article is based on Panama Papers, a global investigation into the sprawling, secretive industry of offshore that the world's rich and powerful use to hide assets and skirt rules by setting up front companies in far-flung jurisdictions. A huge trove of leaked documents from a Panamanian law firm that’s a major player in offshore tax havens has revealed the secret companies controlled by members of the African elite, from Kenya’s deputy chief of justice and Rwanda’s former intelligence chief to the son of former United Nations general secretary Kofi Annan. aAid, Illicit Wealth, Tax evasion uiffoadatabase.trustafrica.org/iff/Africa loses more money to illicit financial flows than it receives in foreign aid.pdf