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Namibia’s Missing Millions

David Grossman on the trail of Namibia’s missing tax millions revealed in the massive leak of financial data known as the Paradise Papers.

The massive leak of financial data known as the Paradise Papers has revealed how multinational companies drain vital tax revenues from countries in the developing world. For Assignment, David Grossman focuses on Namibia’s fishing industry. The documents reveal how one of the world’s biggest fishing companies shifted some of its profits away from Namibia into the tiny tax haven of Mauritius. That’s money that could be used to build schools and hospitals. The Namibian government has described the situation as frustrating and untenable and says it wants to renegotiate the kind of tax agreement they have with Maurituis that enables multi-nationals to divert money off-shore.

(Photo: The Leader, owned by Pacific Andes, is part of Namibia's fishing fleet)

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27 minutes

Last on

Sun 12 Nov 2017 05:32GMT

Broadcasts

  • Thu 9 Nov 2017 13:32GMT
  • Thu 9 Nov 2017 20:06GMT
  • Thu 9 Nov 2017 21:06GMT
  • Fri 10 Nov 2017 02:32GMT
  • Sun 12 Nov 2017 05:32GMT

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