Trillion Dollar Scandal - Toolkit

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Blogger Toolkit G20 report This kit has been created for bloggers and digital content producers who want to share the findings of ONE’s 2014 Trillion Dollar Scandal Report. It contains:

About Key messages

Full report Sample social

Share graphics

Sample blog post

We hope you enjoy using the content, and if you have any questions or comments please contact Malaka Gharib, Social Editor at ONE. malaka.gharib@one.org t: +001 202.495.2740 m: +001 202.355.4742

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FULL REPORT

About the Report 4

THE WORLD’S POOREST COUNTRIES ARE DEPRIVED OF AT LEAST $1 TRILLION EACH YEAR BY CRIMINALS WHO EXPLOIT IMPENETRABLE SECRECY TO SIPHON OFF CASH THROUGH MONEY LAUNDERING, TAX EVASION AND EMBEZZLEMENT.

Poor countries are being deprived of more than a trillion dollars every year. It’s the biggest heist you’ve never heard of. Shady deals and secret shell companies are used to deprive developing countries of money that could help them finance their own fight against extreme poverty, disease and hunger. Extreme poverty has been halved in 20 years, and could be virtually wiped out by 2030. But that won’t happen if we don’t end the Trillion Dollar Scandal.

G20-EMBARGOED-COVER.indd 1

8/26/14 9:43 AM

DOWNLOAD THE EMBARGOED REPORT NOW

ONE is calling on the G20 to act to end this toxic secrecy, and bring in new laws to open up information so that citizens and journalists can follow the money and hold businesses and governments to account.

1 FACT: $1 trillion is siphoned out of poor countries every year due to corruption http://one.org/scandal via @ONECampaign

Sample social media messaging For Twitter, Facebook, Instagram, Google+ etc. We encourage bloggers to share the report in your own words.

2 New @ONECampaign report urges G20 to end secrecy that siphons $1 trillion out of poor countries each year http://one.org/scandal


Key Messages ONE’s new report demonstrates the scale and impact of secrecy and corruption on developing countries. Our new research shows: Each year, more than a trillion dollars is siphoned out of developing countries through a corrupt web of activity that includes shady deals for natural resources, the use of phantom firms, money laundering, and illegal tax evasion. This trillion dollar scandal robs governments of valuable resources that could be used to fund the fight against extreme poverty, disease and hunger.

Wherever corruption is allowed to thrive, it inhibits private investment, reduces economic productivity, increases the cost of doing business, and can lead to political instability. But in developing countries, corruption is also a killer. When governments are robbed of their own resources to invest in health care, food security, or essential infrastructure, it costs lives - and the biggest toll is on children. ONE estimates that the lives of more than 3.6 million people could be saved if governments act to end the corporate and political secrecy that allows corruption and criminality to thrive and the recovered revenues invested in health systems.

HASHTAG: #TrillionDollar

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TWITTER HANDLE: @ONECampaign

3 4 Things the G20 must do to end secrecy that deprives poor countries of $1 trillion/ year http://one.org/scandal

New @ONECampaign report shows scale & impact of corruption on poor countries ahead of G20 http://one.org/scandal

4 New @ONECampaign report reveals the biggest heist you’ve never heard of - the #TrillionDollar Scandal http://one.org/scandal

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Share graphics/ embeddables

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Please use these graphics on social media and blogs, which have been resized from the report for your convenience.

BAD vs GOOD GOVERNANCE Explained in 1 Diagram

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FIND THE IMAGES IN A ZIP FILE

The devil is often in the (un)disclosed details

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Counting to one trillion would take roughly 31,709 years (counting one number per second).

Given current global daily newspaper circulation (534 million printed per day), it would take more than 5 years to print 1 trillion papers.

$1 trillion is greater than the profits of the largest 86 public companies in the world, combined.Â

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$1 trillion could buy everyone on the planet a Starbucks latte every day for a month.

A stack of one trillion one dollar bills would stand 67,866 miles high, or reach roughly a third of the way to the moon.

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Lined up endto-end, a trillion one dollar bills would be 96,906,565 miles long, more than enough to reach the sun.

$1 trillion would be enough to buy 8,928 F-35 fighter jets, the most costly plane ever built.

$1 trillion is equivalent to the combined national incomes of Austria, Denmark, and Finland.

#TrillionDollar

one.org/scandal


Sample blog post 8

The Trillion Dollar Scandal By David McNair

Poor countries are poor and the money rich countries spend helping them is bigger than money coming the other way, right? Wrong.

THE WORLD’S POOREST COUNTRIES ARE DEPRIVED OF AT LEAST $1 TRILLION EACH YEAR BY CRIMINALS WHO EXPLOIT IMPENETRABLE SECRECY TO SIPHON OFF CASH THROUGH MONEY LAUNDERING, TAX EVASION AND EMBEZZLEMENT.

T

G20-EMBARGOED-COVER.indd 1

8/26/14 9:43 AM

he ONE Campaign has just launched a campaign exposing the biggest heist you’ve never heard of. ONE’s analysis shows that more than a trillion dollars is syphoned from poor countries every year by criminals, corrupt officials and dodgy secretive firms. This is not aid money – which is making a tangible difference – but money laundering, corrupt deals for natural resources, drug trafficking and much more. If poor countries were able to crack down on this scandal, tax it at normal rates, and spend it on basic health systems, it could raise enough money to save an average of 3.6 million lives a year. If it’s so obvious, why don’t poor countries make the changes and get cracking on saving lives? The answer is they can’t. The solution lies not in Addis or Accra, but in decisions made in Washington, Whitehall and Wall Street. For the uncomfortable truth is that policies put in place by rich countries play an enabling role in the scandal. All

READ ONE’S REPORT ON THE TRILLION DOLLAR SCANDAL HERE


too often the dodgy money is funnelled through secret firms in rich countries and ends up in sunny Caribbean islands or alpine havensall linked to G20 countries The World Bank analysed the biggest corruption scandals of the last two decades and found that 70% involved secret companies based in places like the British Virgin Islands, the US state of Delaware. When money is paid to poor country governments, for oil or gas for example, the people living there don’t know how much is being paid or where the money goes. Not only is the money that should be used for lifesaving services channelled elsewhere – the effect is like rust eating away at the structures of society – undermining trust in government, scaring off foreign investment, stifling job creation. At every stage the poor pay the highest price. It was Louis Brandeis, associate justice of the U.S. Supreme Court who said ‘sunlight is the best disinfectant’. ONE has a four point plan that will help end the trillion dollar scandal. The information will put power into the hands of people allowing them to follow the money.

1. 2. 3.

End secret companies so criminals can no longer hide their identities.

4.

Open up government data – so people can follow the money from resources to results.

Force oil, gas and mining firms to ‘Publish what you pay’ to governments rack down on tax evaders – by giving tax C collectors information on secret bank accounts held offshore

70% of the 213 biggest corruption cases between 1980 and 2010 involved anonymous shell companies.

G20 leaders meet in November – and have the power to make decisions that will change all of this. ONE is calling on them to make these changes now. DOWNLOAD THE REPORT HERE

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one.org/scandal


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