ZAMBIA’S ILLICIT FLOWS; Stashing millions of dollars in offshore and tax havens- Amb Emmanuel Mwamba

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By Amb Emmanuel Mwamba

ZAMBIA’S ILLICIT FLOWS; Stashing millions of dollars in offshore and tax havens

66% of companies owned by Zambians are registered in the UK.

While this might not be entirely surprising, it should be a matter of great concern for us all: the UK network (Britain and its overseas territories, such as British Virgin Islands and Guernsey) remains one of the world’s biggest suppliers of financial secrecy and the biggest enabler.

This means, transnational business ties between Zambia and the UK should be carefully scrutinize, as they are hiding the bulk of Zambia’s illicit financial flows.

Transparency International Zambia

4 COMMENTS

  1. Ambassador of Lies….at work again.
    So you start a narrative leave us to speculate. In that story you suggest that this started in 2022. Did you bother to check if this occured before or just want to cut out that aspect and feed us just what you want us to believe.
    So what is the name of this company? Who are its owmers/shareholders? When and where was it incorporated? All those facts are left out.
    Remember how he suggested that Afrilife sold Society House? And how that was proved tp false. Can someone please sue this man. Otherwise this sensationalism gives some kind of relief. Without which he seems

  2. Ambassador of Lies….at work again.
    So you start a narrative leave us to speculate. In that story you suggest that this started in 2022. Did you bother to check if this occured before or just want to cut out that aspect and feed us just what you want us to believe.
    So what is the name of this company? Who are its owmers/shareholders? When and where was it incorporated? All those facts are left out.
    Remember how he suggested that Afrilife sold Society House? And how that was proved tp false. Can someone please sue this man. Otherwise this sensationalism gives some kind of relief. Without which he seems

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