| Topic: |
Religions > Atheism |
| User: |
"maff" |
| Date: |
05 Dec 2005 03:08:37 PM |
| Object: |
OT: Where they hide the cash |
Where they hide the cash
http://www.guardian.co.uk/comment/story/0,3604,1657602,00.html
We help rich individuals and companies to spirit away vast sums from
the developing world
Duncan Campbell
Monday December 5, 2005
The Guardian
Five trillion dollars has been corruptly removed from the world's
poorest countries and lodged permanently in the world's richest
countries. That is the "conservative estimate" not of a leftwing
anti-globalisation activist but of a leading American businessman and
enthusiast for capitalism who has just completed a major study of how
multinational corporations, wealthy individuals and unscrupulous
governments are using the world's banking systems in ways that spread
poverty.
When aid or debt relief are discussed, attention often focuses on
corrupt leaders and governments in Africa and other parts of the
developing world. But they are amateurs compared with the rich
companies and individuals who use the world's tax havens and banking
systems to hide sums of money that could address almost all of the
continent's financial needs.
.
|
|
|
Related Articles |
|
|
