Development billions channelled through tax havens

A report released on 4 November 2014 by the European Network on Debt and Development (Eurodad) concluded that public institutions providing finance to businesses in developing countries were channelling billions of euros through secretive tax havens.

• Primary Source

Eurodad: Going Offshore - How development finance institutions support companies using the world’s most secretive financial centres [Report, November 2014] http://www.eurodad.org/files/pdf/5457b8e273cfa.pdf

ESO: Background information: Europe’s tax haven investments in Africa http://www.europeansources.info/record/europes-tax-haven-investments-in-africa/

The Guardian, 04.11.14: UK aid investments target tax havens http://www.theguardian.com/global-development/2014/nov/04/uk-aid-investments-target-tax-havens

EUObserver, 13.11.14: EU tax havens drain money from developing nations http://euobserver.com/justice/126492

---