Financial Transparency Coalition

LONDON - Christian Aid gives two cheers today for European moves to tackle corruption by forcing some large companies to come clean about their payments to governments around the world. However, the charity says the UK Government’s failure to push for stronger EU rules means the upcoming G8 will be an acid test of the commitment to tax transparency. ‘Europe has made some extremely important progress towards tackling corruption linked to the world’s mining, gas, oil and logging companies,’ said Joseph Stead, Christian Aid’s Senior Economic Justice Adviser.