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Arne Lietz, MEP – English Pages

Panama Papers Inquiry Committee

The European Parliament has accepted a request from the Social Democrats to set up a committee of inquiry on the Panama Papers on Wednesday, June 8. The mandate includes the investigation of possible breaches of EU law in the areas of money laundering, tax evasion, and avoidance. The committee will begin its work in July 2016.

Arne Lietz, a member of the Committee on Development and the Committee on Foreign Affairs in the European Parliament, will be a member of the committee of inquiry as a deputy member. He will focus in this context in particular on the developmental consequences of aggressive tax avoidance practices and international corruption.

” The problem is that European governments many times lose funds that are now to be provided for the migration partnerships through tax avoidance and tax fraud. Given my nomination as Alternate member to the inquiry committee of the Panama Papers, I therefore see it fitting to raise the question of how the financing of development cooperation with countries associated with the Panama papers is related, “said Arne Lietz.

On Tuesday, June 7th, 2016, the European Commission presented its plans to the European Parliament to set up migration partnerships with third countries. It is planned that the European Commission and the Member States provide additional funding and realign existing financial instruments to do so. Additional funds that could be generated by a more effective fight against tax avoidance and evasion, however, were not found the Commission’s statement.

For more information on the inquiry-committee, click here.