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World Bank aid to the neediest countries ended in offshore bank accounts, shows data from tax havens and BIS

Published on: Tuesday 02 August 2022

World Bank aid to the neediest countries ended in offshore bank accounts, shows data from tax havens and BIS World Bank aid payments to the neediest countries appear to trigger money flows to offshore bank accounts, suggesting funds are siphoned off from the nations they are meant to help, according to a study published on Tuesday.



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