Media reactions

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E.g., 2016-28-09
E.g., 2016-28-09

Investor announcements are one step towards ending tainted Agua Zarca project

The Dutch Development Finance Company (FMO) and Finland’s Finnfund, two of the development banks backing the Agua Zarca hydroelectric project in Honduras, yesterday announced they would seek an exit to their involvement in the project. Today’s announcements are important in bringing us one step closer to finally shutting down the tainted Agua Zarca project.

Panama Papers database hugely important - but governments not whistle-blowers should be policing our tax system

The publication of the Panama Papers database is a significant blow against tax dodgers but the public should not have to rely on whistleblowers to expose tax cheats, said Oxfam today.  Oxfam is calling on politicians gathering in London for the Anti-Corruption Summit on 12 May to end the secrecy that enables companies and wealthy individuals to avoid paying their fair share of tax.

European ministers swing and miss against tax havens

“Today’s so-called ‘hammer blow’ against tax cheats misses. If the proposed registry of beneficial owners of companies and trusts is hidden from the public, how can we know who is hiding their profits and fortunes and trying to avoid paying their fair share?" said Susana Ruiz, Oxfam's tax policy expert.

Tough tax talk from Kim and Lagarde, but concrete proposals still missing

“It’s great to hear tough talk from both Jim Kim and Christine Lagarde on ending tax havens. We’ve seen this happen time and time again: when the richest fail to pay their fair share, the budgets for education, health, and other social services that the poorest depend on, are the first to get slashed," said Chris Stalker, acting head of Oxfam International's Washington office.

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