Africa Investigates, Ep. 5: Double Offshoring

Published: July 12, 2016, 6:07 a.m.

b'Thanks to the country\\u2019s oil and gas industries, Nigeria is now Africa\\u2019s largest economy. It is also one of the top 10 sources of illicit financial flows throughout the continent, losing billions over the last decade to \\u201cdouble offshoring\\u201d tax evasion schemes, established by international banks, the fossil fuel industry, and complicit Western regulatory regimes. On the latest episode of Africa Investigates, Khadija Sharife of the African Network of Centers for Investigative Reporting sheds light on the public cost of these corrupt financial systems.'