THE world’s biggest companies disclose little or no financial details about their operations abroad, according to a report by Transparency International, which singled out U.S. tech giants like Amazon and Google.

    The Berlin-based anti-corruption watchdog named Bank of China, Honda Motor, Bank of Communications, Agricultural Bank of China and Russia’s Sberbank as the five least transparent companies.

    Bank of China could not be reached for comment on the report, while the other four firms declined to comment.

    “We need more transparency from multinational companies, whose power in the world economy closely rivals the biggest countries,” said Transparency International chairman Jose Ugaz.

    “By not responding to people’s demands for greater transparency and accountability, companies risk harming their brand and losing customers,” he warned.

    Around three quarters of the 124 firms assessed do not disclose the taxes they pay in foreign countries and nearly half publish no information on revenues abroad, the report said.(SD-Agencies)