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Tax evasion costing African countries billions

Focus on Africa

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Illicit Financial Flows

Two thirds of this illicit money flows is connected to corporate practices by multinational companies moving their profits out of countries or out of the continent. So it's really just money moving out of your country's borders that shouldn't be moving out of it. Tabo and Becky: I guess we often we might assume that it's from corruption or crime, but actually in 2015, a group that Tabo andBecky left a high level panel found that two thirds of these illicit money flows are linked to corporate practices.

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