Global organisations appeal to G20 to end tax haven secrecy

The campaign will feature an interactive platform for people around the world to make their voices heard. "The G20 must take action when it meets in Cannes, France to end tax haven secrecy," Global Financial Integrity director Raymond Baker said.

Secrecy jurisdictions provide a safe haven for the ill gotten gains of kleptocrats and criminals. It is time the world's largest and most powerful economies make a concerted effort to tackle the problem of tax havens," Baker said.

Global Financial Integrity recently released 'Illicit Financial Flows from Developing Countries: 2000-2009', where it estimates that developing countries lost USD 1.23 trillion in 2008, alone to crime, corruption and tax evasion.

GFI estimates that these illicit outflows are ten times the amount of Official Development Assistance. Chris Jordan, Tax Justice Campaigner at ActionAid, said: "Removing the secrecy havens offer would make tax dodging dramatically more difficult and enable governments in poorer countries to determine just how much they are losing by way of tax revenues, and take the appropriate action."

The organisations involved in the campaign are Christian Aid (UK), Tax Justice Network Africa, Tax Justice Network (UK), Global Financial Integrity (US), Intermon (Spain), Inspiraction (Spain), Action Aid, Oxfam International, CCFD Terre Solidaire (France), CRBM (Italy) and Eurodad (a coalition of European organizations).

There will also be an option to email Sarkozy, who is this year's G20 host, as well as other G20 leaders.

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