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$88 Million in Mining Taxes Unaccounted for in DRC: Watchdog Group
Apr. 16, 2013 08:47AM PST
Battery MetalsReuters reported that an anti-corruption campaign is accusing tax authorities in the DRC of failing to account for $88 million in taxes from the mining sector.
Reuters reported that an anti-corruption campaign is accusing tax authorities in the DRC of failing to account for $88 million in taxes from the mining sector.
As quoted in the market report:
Congo has attracted international firms including Freeport-McMoRan, Glencore and Randgold to mine its rich copper, cobalt and gold deposits, but remains one of the most corrupt countries on earth.