G20 Summit: Shell pumps $50 billion in illicit financial outflows annually out of Africa – Obasanjo
Obasanjo who is a panel member pleaded with the G20 countries bloc to help fight tax evasion and the system of tax havens or shell companies used to pump money out of Africa, which is estimated to be losing some $50 billion in illicit financial outflows annually. Obasanjo begged the G20 to save Africa from […]
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$50 billion
$55 billion per year
2030
Africa
Africa’s energy-financing gap
annually
Called
China
continent
estimated
Former President Olusegun Obasanjo
G-20 nations
G20 summit
HANGZHOU
illicit financial outflows
OBASANJO
Out
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renewable-energy production
Shell pumps
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