UK hails progress, defends tax havens at corruption summit

British Prime Minister David Cameron is pushing for new international commitments on tackling corruption from almost 50 nations and overseas territories attending a London summitPrime Minister David Cameron hailed progress on pursuing corrupt individuals at an international summit on Thursday, but rejected accusations he had failed to deliver transparency on Britain’s overseas tax havens. More than 40 countries signed a declaration to “pursue and punish” those who perpetrate or facilitate corruption, and individual nations agreed a range of initiatives to open up anonymous company ownership and recover stolen assets. Countries have gone further than ever before in condemning corruption and pledging to drive it out,” Cameron said.

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