Plantation giant Socfin accused of dodging taxes in Africa

A new report by Bread for all, Alliance Sud, and the German Network for Tax Justice has accused Belgian-French multinational Socfin, which operates rubber and palm oil plantations across West Africa, of shifting profits from Africa to Switzerland. The use of “transfer pricing” to avoid taxation is common among multinationals operating in Africa, depriving low-income governments of badly needed revenue.

La culture de l’iniquité fiscale

Le groupe Socfin (détenu à 40% par le groupe Bolloré) transfère des bénéfices issus de la production de matières premières vers Fribourg, un canton suisse à faible fiscalité, selon un nouveau rapport de Pain pour le prochain, Alliance Sud et le Réseau allemand pour la justice fiscale

Bunong, Bollore land dispute overruled by French tribunal

A joint statement issued by 97 Bunong indigenous families in Mondulkiri province expressed disappointment in the Tribunal of Nanterre in France which overruled their complaints concerning 2,386ha of disputed land with French company Bollore. The families from Pech Chreada district’s Bou Sra commune said they would grant lawyers the right to file an appeal in France.