JOHANNESBURG – Almost $6 billion was spirited out of Angola in 2009, according to new data on Wednesday that highlight how much of the war-scarred African nation’s oil wealth is stolen by a corrupt elite.
PROPUBLICA/FORTUNE – Did GE pay U.S. income taxes in 2010? The company known for minimizing its tax bill made a muddled situation worse responding to a New York Times report suggesting it might get a refund. GE now says it has a small tax liability for 2010.
PROPUBLICA/FORTUNE – GE is in a class by itself when it comes to paring its tax rate well below the top U.S. corporate rate of 35 percent – sometimes into the single digits – using an array of strategies that include hiring top tax experts from the IRS and Treasury.
As the violence spread, billions of dollars of cartel cash began to seep into the global financial system. But a special investigation by the Observer reveals how the increasingly frantic warnings of one London whistleblower were ignored
VATICAN CITY — The Vatican issued a new rule Friday requiring anyone bringing €10,000 ($14,000) or more into Vatican City to declare it, the latest initiative by the Holy See to come into compliance with international finance norms.
It’s a question that many in the compliance industry ask: why can’t the Justice Department and the Securities and Exchange Commission give crystal clear guidance on what a proper compliance program should look like?
NEW YORK – Even as anger over governmental corruption has exploded into protests across the Middle East, the U.S. Chamber of Commerce has been working to weaken the law that bans companies from bribing foreign officials.
NEW YORK – General Electric, the nation’s largest corporation, had a very good year in 2010. The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States.
NEW YORK – Several top military officials have split from Yemeni president Ali Abdullah Saleh in the wake of a violent government crackdown on pro-democracy protesters. In announcing their support for the demonstrators on Monday, the generals dealt a blow to Saleh’s power base, but will their influence be a boon for the protesters’ cause?
WASHINGTON – US banks uncovered billions of dollars that they were indirectly holding for Libya when Washington decided to freeze assets linked to the regime, according to US officials.
WASHINGTON – In an effort to catch Mexican drug lords, the federal agency responsible for regulating the gun industry and cracking down on gun crime allowed thousands of weapons to pass into Mexico and fall into the hands of criminals, according to a report by CBS News and other outlets this week.
ACCRA – Intelligence picked by The Herald has revealed some shocking underhand dealings involving a fishing company at the Tema Fishing Habour called Free Fisheries Ghana Limited, owned by Olga Popova, a Russian lady.
Standing at the pump, watching the numbers tick away, do you ever wonder where the ...
Half of the world's trade passes through tax havens. Right now, they are hiding billions ...
This video shows a discussion about beneficial ownership from the Task Force 2011 Conference in ...
WASHINGTON DC – South Africa announced today that it has joined the Partnership Panel of ...
February 10, 2012
LONDON - Forest dependent communities are still in the dark about how their forests are ...
February 9, 2012
WASHINGTON, DC – Global Financial Integrity (GFI) today applauded the introduction of a bill, which ...
February 7, 2012
Standing at the pump, watching the numbers tick away, do you ever wonder where the ...
February 10, 2012
The yawning gap between the transparency rhetoric of companies and the reality of their actions ...
February 10, 2012
In his State of the Union address less than a month ago President Obama brought ...
February 10, 2012
The Task Force on Financial Integrity & Economic Development
1319 18th Street, NW Suite 200 Washington, DC 20036
Email: info@financialtaskforce.org
Telephone: +1 (202) 293-0740 | Fax: +1 (202) 293-1720
© 2009-2012 Task Force on Financial Integrity & Economic Development
Some rights reserved. 
