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African Leaders Vow to Fight Safe Havens for Corrupt Funds

Corruption drains $148 billion annually from Africa, according to the African Union. At an estimated 25 percent of the continent's average gross domestic product, the AU calls it a huge drain on Africa's productivity.            At the 31st AU Summit in Mauritania last week, African heads of state said they want to prevent billions more being stolen by seeking to abolish banking secrecy and tax havens.  They also...

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