Page last updated at 18:32 GMT, Wednesday, 14 November 2012

Member's business: Christian Aid, Tax Justice Bus

Labour MSP Neil Findlay told MSPs global tax evasion and unpaid taxation was a "scandal of monumental proportions" carried out by "some of the largest household names and companies".

He highlighted Christian Aid's estimate that the global culture of financial secrecy costs the developing world $160 billion every year, which is one and a half times what is delivered in international aid.

Mr Findlay was leading his member's debate led on 'Christian Aid, Tax Justice Bus' on 14 November 2012.

He said the appearance of executives from Amazon and Starbucks before Westminster's Public Accounts Committee was a "mixture of comedy and tragedy".

Mr Findlay called for the forthcoming Scottish government Procurement Bill to address some of the issues of tax evasion and thanked Christian Aid for their campaign for tax justice.

External Affairs and International Development Minister Humza Yousaf said Christian Aid should be praised for highlighting loopholes in the international finance system in their tax justice campaign.

On the huge losses of cash through tax avoidance, Mr Yousaf said: "Imagine what developing countries could do with $160bn."

The minister said, about the forthcoming Procurement Bill, : "There may be an opportunity there to do something".

Watch below for the appearance of Amazon and Starbucks appearance before Westminster's Public Accounts Committee:

Select Committee

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