Corrupt Angola debt deal exposes EU tax havens

A newly published report on a corrupt deal for the repayment of the Angola debt to Russia in the early 1990s was presented in the European Parliament 23 April 2013 as a vivid example of the plundering that can take place in developing nations with the complicity of European banks and tax havens.

Portuguese MEP Ana Gomes (Socialists and Democrats) and the Open Society Foundation hosted the public event where the report - “Deception in high places: the corrupt Angola-Russia debt deal” - was presented.

• Primary Source

ESO: Background Information: Major EU countries to tackle tax havens http://www.europeansources.info/record/major-eu-countries-to-tackle-tax-havens/

Open Society Initiative of Southern Africa, 23.04.13: Deception in high places: The corrupt Angola-Russia debt deal http://www.osisa.org/sites/default/files/the_corrupt_russian-angolan_debt-deal-executive_summary-04-13-2013-for_web.pdf

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