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Article

12 Apr 2011

Author:
SHERPA [France], Centre for Trade Policy and Development [Zambia], Berne Declaration [Switzerland], Entraide Missionnaire [Canada], MiningWatch [Canada]

Tax Evasion in Zambia: NGOs File Complaint Against Glencore, First Quantum for Violation of OECD Guidelines

SHERPA (France), the Centre for Trade Policy and Development (Zambia), the Berne Declaration (Switzerland), l’Entraide Missionnaire (Canada) and MiningWatch (Canada) have filed a complaint today against Glencore International AG and First Quantum Minerals…before the Swiss and Canadian National Contact Points (NCP) for violating the OECD Guidelines for Multinational Enterprises. The cause for the complaint lies in the financial and accounting manipulations performed by the two companies’ subsidiary, Mopani Copper Mines…in order to evade taxation in Zambia. [links to full text of complaint]