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Malawi and Mali Demand Unpaid Taxes and Royalties from Multinationals

BBC news recently reported that the governments of Malawi and Mali are demanding hundreds of billions of dollars from U.S.- and Australia-based multinationals to compensate for unpaid taxes and royalties over the past 10 years. Charles Gitonga and Andre Lombard report that the Malawi government has accused Colombia Gem House, U.S.-based gemstone company, of not paying fairly for rubies exported over the last 10 years. The government is also demanding $4 billion from French gas giant TotalEnergies in unpaid revenue…