The British bank has been criticised after brochure hails Mauritius as offshore financial centre of choice for India and sub-Saharan region. Barclays has come under fire for promoting the use of offshore tax havens as a route for companies investing in Africa.
In a new report published by the NGO ActionAid says Barclays' marketing of offshore tax jurisdictions undermines the bank's stated ambition to be a "force for good" as these places can be used by companies to reduce the tax paid in the African countries where they work.
For more info: http://themarcusgarveyinitiativeagency.com/barclays-promotes-tax-havens-as-gateway-for-investment-in-africa/
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