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A Luxembourg court today overturned the previous guilty verdict imposed on whistleblower Antoine Deltour, who exposed secret deals that enabled multinational companies to avoid paying billions of dollars in tax. Welcoming the decision, Oxfam said whistleblowers are not criminals and governments should do more to implement tax transparency.

The 50 biggest US companies have more than a trillion dollars hidden offshore according to a new report published by Oxfam today. This is more than the entire GDP of countries such as Spain, Mexico or Australia.

All charges against Antoine Deltour, the #LuxLeaks whistleblower who exposed secret deals that enabled multinational companies to avoid paying billions of dollars in tax, should be dropped, said Oxfam today. The trial of Antoine Deltour on charges of theft, violation of professional secrecy, violation of trade secrets and illegally accessing a database, is scheduled to begin on Monday 26 April.  Max Lawson, Oxfam’s Inequality Policy Lead said:  “Whistleblowers who expose tax dodging should be celebrated and protected, not prosecuted.…

Responding to the verdict in the retrial of the LuxLeaks whistleblowers, Max Lawson, Oxfam’s Inequality Policy Lead said: “Whistleblowers who expose tax dodging should be praised, not punished."  

With its new long-term budget, the EU missed a chance to put itself at the forefront of a fair and green recovery from the coronavirus pandemic, Oxfam said today.

Unresolved rigged tax rules and privatized development are the major drawbacks of the UN Financing for Development Conference outcome, says Oxfam.

Billionaire fortunes increased by 12 percent last year – or $2.5 billion a day - while the 3.8 billion people who make up the poorest half of humanity saw their wealth decline by 11 percent, reveals a new report from Oxfam today.

Poverty and inequality in Europe have reached shocking levels, according to a new Oxfam report.

Oxfam is encouraged by World Bank President Dr. Jim Yong Kim’s rejection of trickle-down economics and his clear stance on the enormous challenge inequality poses across the world. 

“The G20 reiterated previous commitments to reduce inequality, boost the participation of women in work and phase out inefficient fossil fuel subsidies. The G20 said they would draw up a proper response to the refugee and migrant challenge next year, which is too late. The world needs urgent action now, not more words.”