Financial Transparency Coalition

In the run-up to the review summit for the UN Millennium Development Goals, Bishop Louis Portella-Mbuyu from Congo-Brazzaville, is leading a church MDG advocacy tour to highlight the disastrous impact of illicit flows on his country and others in the continent. He, and others including Eva Joly MEP, will be speaking about these menaces to society at an event at the European Parliament in Brussels next week. We encourage you to participate: details below +++++++ Transparency and Extractive Industries: How to Recuperate Uncollected African Tax Revenues Bishop Louis Portella-Mbuyu (Congo-Brazzaville) International donors, meeting in New York to review the UN Millennium Development Goals...

In the span of several months, U.S.-backed investigative teams have assembled alarming evidence of rampant corruption in Afghanistan and the extent to which it reaches the highest ranks of that nation's government.

You’ve heard the story before. A corporation with something to hide uses a tax haven as a host for its phony subsidiaries. In the classic tale, it is for the purposes of evading millions in taxes. Sometimes the corporation exploits the tax haven for other evils, like hiding losses from investors. My favorite example is Enron’s executives, who used shell corporations with snazzy names like “Raptor” and “JEDI” to hide losses and fabricate earnings—with disastrous results. But never before have I heard of companies using tax havens to win U.S. government contracts. That sentence sounds shady...

Europe must do more to help Africa shed its resource curse European Voice, September 9, 2010

Crisis casts new doubt on U.S. effort The Washington Post, September 9, 2010

Afghan AG: West should not lead corruption fight The Associated Press, September 9, 2010

Afghan elite enjoys high life in Dubai Financial Times, September 8, 2010

China anti-corruption boss sentenced to death Associated Press, September 9, 2010

Accountability, economic reforms crucial for post-flood reconstruction – WB The Associated Press of Pakistan, September 9, 2010

Government to amend all money laundering acts...