The East African (Nairobi)
9 August 2008
A Swiss-based logging company operating in the Congo Basin has been accused of declaring losses in its local subsidiary to avoid being taxed while at the same time transferring immense amounts of cash into its offshore accounts.
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Negotiations with DANZER about fair trade with DRC timber failed. Danzer pefers to plunder DRC timber at the loss of Congolese. DANZER is a climatic killer. L.