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Conning the Congo
Posted by saunvedan on 30 July 2008.
As if Carving
up the Congo wasn't enough, logging companies are also evading paying taxes
and cheating the Democratic Republic of Congo (DRC) out of millions of euros in
revenue. A new report we have released today called Conning the Congo shows
how the logging company Danzer has avoided paying approximately €8 million in
tax from its logging operations in the DRC and the Republic of Congo. Just to put €8m in context in this
part of the world, that is more than fifty times the DRC Ministry of Environment's
annual operating budget.
The Congo rainforests of Central Africa form the second largest rainforest block on Earth after Amazon. They are of great importance for the global climate, the planet's biodiversity and the forest-dwelling communities who depend on them for resources and livelihoods.
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