Conning the Congo

Publication - July 30, 2008
This new investigative report exposes another hidden aspect of export-driven resource extraction in the DRC and the neighbouring Republic of the Congo. Internal company documents obtained by Greenpeace International show how the German owned, Swiss-based logging multinational DanzerGroup, one of the largest players in the Congo logging sector, is using an elaborate profit-laundering system designed to move income out of Africa and into offshore bank accounts, thereby appearing to evade tax paymentsin the countries in which its companies operate.

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