/PRNewswire/ The latest market outlook report titled "Commercial Aircraft Leasing Market by Leasing Type and Geography - Forecast and Analysis 2022-2026".
The U.S.-based aircraft leasing
firm owned by Japan s Marubeni Corp and Mizuho Leasing
Co Ltd has recovered two of the 12 aircraft it has been
leasing to Russian airlines, it said on Wednesday. . | March 16, 2022
Illicit Financial Flows and Tax Justice
Talking Points
Inequality and tax evasion are growing both
within and between countries, while the rich on all continents funnel
their wealth into secret bank accounts scattered around the world.
This erodes the public sector, starves countries of funds needed
for development, and drives up deficits.
The trend is worldwide as multinational companies shuttle money and
subsidiaries between countries to minimize taxes, while the ultra-rich and organized crime hide their assets in untraceable shell accounts. But the toll in Africa is enormous, with losses estimated at $50 billion to $80 billion a year due to illicit capital flight.