The report, titled: ‘Tobacco Industry and Illicit Financial Flows in Africa’, was conducted by Civil Society Legislative Advocacy Centre , in collaboration with Tax Justice Network Africa , with focus on documenting the extent of the tobacco industry’s involvement in tax avoidance and evasion in Africa.
Quoting a 2020 data from the United Nations Conference on Trade and Development that Africa is now losing over $88.6 billion to IFFs, Rafsanjani said multinational companies, mainly, perpetrate the illegal act. “Another issue is that some multinationals have a funny way of going to African parliaments to bribe them, so that they can have a soft landing legal framework. Some of them are also working with some unpatriotic government officials across Africa to get tax relief.”
Disclosing that tobacco abuse is responsible for more than six million deaths per year, he said the menace has become one of the major challenges for all countries in the world.
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