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G20 Must End Tax Haven Secrecy, Campaigners Tell Sarkozy
February 8th, 2011
WASHINGTON, DC – A new global campaign challenging French President Nicolas Sarkozy and the G20 to make a firm commitment to ending tax haven secrecy launched today at the World Social Forum in Dakar. Organizations involved include ActionAid, Christian Aid, Eurodad, Global Financial Integrity, Oxfam International and the Tax Justice Network.
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New Report Measures the Cost of Crime, Corruption, and Trade Mispricing on Developing Countries
January 18th, 2011
WASHINGTON, D.C. – Global Financial Integrity (GFI) released its annual analysis of the cost of crime, corruption, and trade mispricing on developing countries today. The report, “Illicit Financial Flows from Developing Countries: 2000-2009,” finds that approximately $6.5 trillion was removed from the developing world from 2000 through 2008. The report also examines illicit flows from Asia, which produced the largest portion of total outflows and makes projections for 2009. (Full report 3.35 MB, Tip Sheet 172KB)
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