By Emma Ujah, Abuja Bureau Chief
The African continent loses about $80 billion to illicit financial outflows annually, former President of South Africa, Mr. Thabo Mbeki has said.

Thabo Mbeki

He spoke at the high-level African Union Panel on Illicit funds, in Abuja , this morning.

He stressed the need for global collaboration against illicit capital outflows from Africa with the attendant negative effects on the development of the continent.

The Minister of Finance, Hajiya Zainab Ahmed in a message said global partnership against illicit fi annual flows should lead to ease of repatriation of such funds.
Details later…
S