Corruption News

Osborne raises hopes of deal to stop tax evasion

(Independent) Britain secures agreement from 10 of its overseas territories and Crown dependencies to sign up to a new OECD standard on the exchange of tax information

Full story: http://ind.pn/ZZFzUR

Jun 18 th

G8 leaders agree tax evasion measures

(BBC News) Leaders of the G8 major economies have agreed new measures to clamp down on money launderers, illegal tax evaders and corporate tax avoiders.

Full story: http://bbc.in/16dIQRr

Jun 17 th

World leaders gather for G8 summit

(BBC News) World leaders have gathered in Northern Ireland for the G8 summit

Full story: http://bbc.in/18RucEh

Jun 16 th

David Cameron urged to extend tax reporting plan

(Guardian) Aid agencies and Labour members call on prime minister to make details of firms' ownership available to the public

Full story: http://bit.ly/11G50qQ

Jun 16 th

African leaders want access to information on tax

(Independent) African leaders will warn David Cameron on Monday that his plans for a global crackdown on tax avoidance may be of little value to the world's poorest countries.

Full story: http://ind.pn/1bMQX8K

Jun 15 th

Tax secrecy to be swept away, says David Cameron

(Guardian) Britain is to "sweep away" tax secrecy by introducing a new central register that will ensure all the true owners of "shadowy" shell companies have to be declared to the tax authorities, David Cameron has announced.

Full story: http://bit.ly/1bEFqrW

Jun 14 th

Gaddafi’s £650m stash to be handed back to Libya

(Times) (£) South Africa has agreed to return more than £650 million in gold, diamonds and other assets stashed in banks and corporate vaults by the Libyan dictator Colonel Gaddafi.

Full story: http://thetim.es/11zTA8c

Jun 14 th

Arrest in police money laundering swoop

(Fulham and Hammersmith Chronicle) A 58-YEAR-OLD man from Hammersmith has been arrested on suspicion of facilitating money laundering after currency exchange bureaus across the capital were raided on Tuesday morning.

Full story: http://bit.ly/13NMaAM

Jun 13 th

New EU laws for extractive industries

(Guardian) The European parliament has overwhelmingly voted in favour of legislation compelling oil, gas and mining companies to publish payments they make to governments and release information on their earnings in each country.

Full story: http://bit.ly/172fk5o

Jun 13 th

Britain a safe haven for plundered assets

(Reuters) Britain risks becoming a safe haven for corrupt foreign officials to stash ill-gotten gains due to systematic failures to go after billions of dollars laundered into onshore bank accounts and prime property, law enforcement experts and campaigners say.

Full story: http://bit.ly/13EtSn9