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Britain’s New African Empire
HuffigntonPost, Aug 03, Ghanadot
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Companies listed on the London Stock Exchange
control over $1trillion worth of Africa’s
resources in just five commodities - oil, gold,
diamonds, coal and platinum. .....
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DO NOT PASS THE
PETROLEUM EXPLORATION AND PRODUCTION BILL
Commentary, Aug 03, Ghanadot - “Third
World” Developing Countries with Oil and Gas
reserves are moving away from this predatory
system, not least because empirical evidence and
experience have established that it is near
impossible for countries that cannot collect
taxes from petty traders living in-country, to
collect the requisite taxes from multinational
oil companies with complicated and tax evading
and tax avoiding structures and systems. Yet it
is this discredited system that is contained in
the Petroleum Bill currently before our
Parliament....
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