Greenpeace report says logging firm Danzer evades taxes in Congo, impacting poverty & climate change

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Article
30 July 2008

Greenpeace continues to make groundless allegations against Danzer Group

Author: Danzer Group

The recent allegations made by Greenpeace that Danzer Group evaded paying taxes in the Republic of Congo and the Democratic Republic of Congo are totally without foundation. They are an absurd, populist gimmick designed to cloud the current public discussion surrounding tax evasion in a misleading Greenpeace report…On numerous occasions Danzer Group has attempted to engage Greenpeace in a constructive, public dialogue in order to discuss relevant matters in detail. Greenpeace has refused to engage in such a dialogue, presumably in an attempt to avoid having to publicly acknowledge the inaccuracy of its reporting.

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Article
30 July 2008

Swiss Group Danzer Accused by Greenpeace of Tax Dodge

Author: Franz Wild, Bloomberg

Danzer Group…was evading taxes in Congo and contributing to global warming through harmful logging, Greenpeace International said. The company denied the accusations. The…company avoided paying taxes of nearly 8 million euros ($12.5 million) in the Democratic Republic of Congo and the neighboring Republic of Congo, ``exposing how industrial logging not only is a key force in climate destruction, but also a failure for developing one of the world's poorest regions,” [Greenpeace] said today…Danzer withheld no taxes, the company said in an e-mailed statement yesterday…The DRC today started assessing whether the 156 forestry titles held in the…country comply with its 2002 forestry code.

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Article
29 July 2008

[PDF] Conning the Congo

Author: Greenpeace

…This...report exposes another hidden aspect of export driven resource extraction in the DRC and the neighbouring Republic of the Congo. Internal company documents obtained by Greenpeace show how…[logging company] Danzer Group...is using an elaborate profit-laundering system designed to move income out of Africa and into offshore bank accounts, thereby appearing to evade tax payments in the countries in which its companies operate…Even as the World Bank and its donors continue to pour billions of dollars into the Congo Basin countries in the name of eradicating poverty, international players in the logging industry, such as the Danzer Group, are laundering untaxed profits to offshore bank accounts – in effect stealing from the region and its people. [also refers to Interholco (part of Danzer), Siforco (part of Danzer), IFO (part of Danzer), Cotraco (part of Danzer), Jura Placage (part of Danzer), DANBE (part of Danzer), SIFCI (part of Danzer), NST Group, Olam, Trans-M]

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