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Raila visits Maina Njenga, says Govt to blame for shooting

Raila visits Maina Njenga, says Govt to blame for shooting
Raila visits Maina Njenga, says Govt to blame for shooting

Former PM Raila Odinga has blamed the government on Maina Njenga attacks where five people died.

Raila hinted that the government must have had a hand on the attack since it was not first time Mungiki leader survived such attacks.

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Raila further dismised Lenku statement linking wrangles between the sectโ€™s leaders. Maina from his side stated that his attack is bent on ICC and his relationship with opposition leaders . Raila who was accompanied by his party secretary general Prof Nyongโ€™o visited Maina at his home in Karen where he urged the government to ensure Mainaโ€™s safety.

Tanzaniaโ€™s mining revenues are touted as a key way to reduce reliance on foreign aid and pull people out of poverty, but experts argue companies are swindling the government out of at least $248 million (R2.6 billion) a year.

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The east African nation came de at police in attempt t out worst in a list of nations across the continent examined by the watchdog group Global Financial Integrity (GFI), with nearly $19bn in illicit flows over the past decade, the equivalent to over 7 percent of its total government revenue.

โ€œThereโ€™s a narrative in the development community that thereโ€™s something wrong with developing countries, because we keep pumping money in, and theyโ€™re not developing as quickly as weโ€™d like them to,โ€ GFI economist Brian LeBlanc said last week.

โ€œThe reality is that weโ€™re draining money out, and weโ€™re doing it at an increasing rate.โ€

The GFIโ€™s examination of trade mis-invoicing reveals stark figures. Mis-invoicing occurs when businesses deliberately lie about the value of the goods they are importing or exporting. There are a lot of illegal reasons to do this, including tax evasion and money laundering.

GFI said trade mis-invoicing was a $424bn a year problem globally, and made up about 80 percent of all the money that flowed out of developing countries illegally.

Numbers like this, when compared with aid, mean there is far more money draining out of Africa than going in.

Much attention has been given to transfer pricing, when multinational companies employ accounting tricks to shift profits into countries where they will pay less tax.

thejackalnews.com

Raila visits Maina Njenga, says Govt to blame for shooting

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