About Penplusbytes www.penplusbytes.org is a registered non profit since 18th July 2001. Vision "To be the leading institution for promoting effective governance using technology in Africa".
Friday, July 18, 2014
New Thomson Reuters Foundation Media Program to Investigate Illicit Finance, Tax Abuse
Reuters Foundation Seeks Applications from African Media for Illicit Finance
Training and Assistance Program by July 28th
Are you an
ambitious journalist in Africa with an interest in probing illicit finance,
money laundering, and tax related abuses? Or, perhaps, you represent an
outstanding, independent media organization based in Africa with a desire and
reputation for exposing financial crime and corruption? Either way, the Thomson
Reuters Foundation is launching a new three-year programassisting African media
on the reporting of illicit finance and tax abuse, and they are hoping that you
will apply. According to the TR
financial flows are a major problem for Africa.
GFI research finds that (in constant 2005 U.S. dollars) Sub-Saharan
Africa suffered US$419.1 billion in illicit outflows between 2002-2011. Indeed, as a percent of GDP, Africa suffered higher illicit financial
outflows than any other region in the world.