By Matthew Colin Wealth can travel around the world with relative ease, but a government’s ability to keep track of it is largely confined to its own borders. It is this information asymmetry that gives rise to a host of problems, the first of which is the ability of people to evade taxation by parking their wealth in other jurisdictions, away from the prying eyes of the tax authority. Recent evidence suggests that random audits of wealthy individuals routinely underestimate tax evasion by those who keep some of their money offshore. Not only is the amount of offshore wealth that…
Author: NLM Team
By Muthomi Thiankolu The political branches of government have an interest in how courts interpret and apply the law. Thus, it was no surprise that the issue of how to interpret the constitution took centre stage during the recently concluded recruitment of the 15th chief justice of the Republic of Kenya. The process ended with the nomination of Lady Justice Martha Koome. Should Parliament approve her nomination, she will become the country’s first woman chief justice. Justice Koome was one among 10 candidates who applied for the post. Kenya’s Judicial Service Commission interviewed the 10 candidates. The commission is composed of 11…