Nigeria Finance Minister blasts illicit finance, eyes it to fund healthcare

By Stella Dawson | Fri, 11 Apr 2014 20:46 PM
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By Stella Dawson

WASHINGTON (Thomson Reuters Foundation) – Africa is losing $50 billion in illicit finance from tax evasion and transfer pricing each year, money that could be used to finance social welfare, Nigeria’s Finance Minister Ngozi Okonjo-Iweala said on Friday.

“We could finance health and education if we put in place a system to bring that ...

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