Global Financial Integrity

 

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Ukrainian real estate play in Cleveland highlights need to know the beneficial owner

Editor’s note: this piece was originally published in the Cleveland Plain Dealer on August 28, 2019. Earlier this year, an important legal complaint filed in the state of Delaware alleged that two Ukrainian oligarchs laundered hundreds of millions of...

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South Africa, Revisited: Trade Misinvoicing and Lost Revenue in 2016

by Ben Iorio  In November 2018, Global Financial Integrity published an analysis of South Africa’s potential revenue losses associated with trade misinvoicing, finding losses of approximately US$37 billion in revenue, or on average $7.4 billion between 2010-2014....

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Out of Africa: Capital Flight

by Ben Iorio “The traditional thinking has always been that the West is pouring money into Africa through foreign aid and other private-sector flows, without receiving much in return. Actually, that logic is upside down – Africa...

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Big Four’s stranglehold on corporate tax planning must end

Editor’s note: this piece was originally published in the Financial Times on July 25, 2019. The July 24 Opinion piece “Multi-firm audits can break the Big Four’s oligopoly” by Joseph Smith rightly points out that effective and...

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The G7 and the SDGs

How some of the world’s most advanced economies and free societies implement the SDGs Leer en Espanol By Edda Pleitez The Sustainable Development Goals (SDGs) are a set of measurable, attainable and time-bound objectives that were accepted...

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GFI: Egypt lost US$1.6 billion to Trade Misinvoicing in 2016; Revenue needed for SDGs

By Ben Iorio On June 26th, Global Financial Integrity (GFI) published a comprehensive study estimating Egyptian revenue losses of approximately US$1.6 billion as a result of trade misinvoicing in 2016. By deploying a detailed analysis of the...

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Need funds for the SDGs? Tackle trade fraud

As scores of government representatives gather at the UN this morning for 10 days of high-level discussions on the current progress of the Sustainable Development Goals (SDGs), the elephant in the room is how developing and emerging...

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GFI: Indonesia lost US$6.5 billion to Trade Misinvoicing in 2016; Revenue needed for SDGs

By Ben Iorio Baca dalam Bahasa On June 23rd, Global Financial Integrity (GFI) published a comprehensive study estimating the amount of revenue losses Indonesia incurred as a result of trade misinvoicing in 2016. By analyzing data published...

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