Nipate
Forum => Kenya Discussion => Topic started by: Gikomba_Hawker on October 26, 2021, 04:32:43 PM
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The inclusion of their names in the Pandora Papers, why they as public figures chose offshore accounts for their assets, and how this affected the local economy are matters which should be investigated. At the very least, it would help to clear their names. It is in this spirit that a number of governments, like the Pakistani government, have chosen to investigate allegations in the papers against their people.
Beyond the rules pertaining to offshore accounts and the like, there is the more powerful issue of how the offshore accounts of important and wealthy personalities drain the economies of many countries. A 2016 Oxfam report Oxfam estimated that a third of the wealth of rich Africans – about $500bn (RM2.1tn) was kept in offshore accounts. This resulted in a huge loss in tax revenue, about $1. 4bn a year, for the people – enough to pay for the healthcare of millions of poor. A global network of tax havens enable the very rich to hide $7.6tn.
Pandora Papers: Why such passivity?
https://aliran.com/civil-society-voices/pandora-papers-why-such-passivity/
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"Mr. President, how about the issue of tax avoidance, you know even as KRA struggles to meet its targets in Kenya, much has been said about widening the tax bracket now. I'm sure this is a struggle that you know too well having been in charge of this country for the last nine years and having run the treasury before. Are you not worried that this will send the wrong signal to Kenyans who faithfully pay their taxes right here at home?" she continued to question.
Citizen TV's Yvonne Okwara Sends Hard-hitting Letter to Uhuru
https://www.kenyans.co.ke/news/69670-citizen-tvs-yvonne-okwara-sends-hard-hitting-letter-uhuru