Business

Multinationals’ tax scams rob Africa of money

African leaders, experts and stakeholders are meeting to discuss African-led solutions to the impact of illicit financial flows in the continent, estimated at more than $50bn. Faced with lax laws and poor enforcement, multinational companies doing business in Africa – from oil to service industries -are cutting corners, denying countries such as Nigeria substantial revenue. Al Jazeera’s Ahmed Idris report from Abuja.

Categories: Business

Tagged as: ,

Leave a comment