Opinion

There Is No Development Without Financial Transparency, By Léonce Ndikumana

We, the Independent Commission for the Reform of International Corporate Taxation (ICRICT), believe it is time for Africa to start addressing the question of transparency. Nigeria, for example, should require beneficial ownership registration in public registries. In Angola, she is known as “the Princess”; a smart and innovative businesswoman, famous for…
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Columns

As Panama and Paradise Papers Produce Heroes In Nigeria, By Zainab Suleiman Okino

...from France, where Societe Generale used the firm to set up 979 offshore accounts, to Salvador, Azerbaijan, China’s red aristocrats, Zimbabwe, Iran, Austria Russia to Argentina, FIFA and Transparency International officials, Panama Papers’ revelations have ended the careers of many public officials, except in Nigeria, where they are rather pampered…
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Guest Columns

#PanamaPapers: Time To End Illicit Financial Flows, By Thabo Mbeki

Specific efforts must continue to put political pressure on the countries that enable a high level of financial opacity or that have laws enabling banking secrecy and the registration of shell companies. This is extremely important to all countries. Otherwise harmful tax practices and high levels of opacity in financial…
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Opinion

Panama Papers, Zuma and the DNA of Corruption, By Reuben Abati

The Panama leak may end up as the graveyard of reputations: among the named, we have such international celebrities as Jackie Chan and the greatly talented Lionel Messi. But what will come out of it all from the African end? I still suspect nothing. Where corruption is involved, African leaders…
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