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    Give us access to information on tax havens and tax avoiders, African leaders tell David Cameron

    ahead of G8 Summit

    African leaders will warn David Cameron on Monday that his plans for a global crackdown on tax

    avoidance may be of little value to the world's poorest countries.

    A high-level group chaired by Thabo Mbeki, the former South African President, has found that

    African countries are losing $50bn a year in illicit financial flows - much of it into tax havens, and

    more than the annual aid they receive.

    The panel will unveil its findings in Zambia on Monday as Mr Cameron urges G8 leaders to

    agree joint action on tax avoidance as they start a two-day summit at Lough Erne near Enniskillen in

    Northern Ireland. The African group will

    propose three measures on the G8's agenda - a global system of tax information-sharing; identifying

    the real "beneficial owners" of bank accounts, often concealed behind phantom "shell companies", and for

    multinationals to publicly report their business operations and tax payments in each country where they operate.

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