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Posted inEconomy and Inequality, Politics and Movements: International, Real News Daily Reports

How Kleptocracy Impoverishes Angola, Côte d’Ivoire, and South Africa

Léonce Ndikumana discusses his newest research on capital flight from Angola, Côte d’Ivoire and South Africa between 1975 and 2015. 290 Billion dollars were funneled out of these countries over this period through misinvoicing and circumventing regulation and taxation. Most of that money ended up in corporations in the global north Story Transcript GREG WILPERT: […]