Secret Offshore Deals Deprive Africa of Billions in Natural Resource Dollars

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The Panama Papers show politicians and mining, oil and gas interests benefit from secrecy and dubious multimillion dollar transfers.

Nigeria’s current president, Muhammadu Buhari, has called on world leaders to do more to help African nations fight money laundering and shine light on offshore hideaways.

“Every dollar siphoned through dirty deals and corruption to offshore tax havens makes the livelihood and survival of the average African more precarious,” Buhari said in a speech delivered at an anti-corruption summit in London one month after the release of Panama Papers.

ICIJ Press Release here

 

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