The Nigerian Minister of Foreign Affairs, Geoffrey Onyeama, said that African countries have lost about $70 billion worth of resources to illicit financial flows every year.Read More
President Muhammadu Buhari on Wednesday evening joined his Zambian and Ethiopian counterparts in demanding for unconditional repatriation of assets stolen from the continent. The call came at a high-level event on Illicit Financial Flows (IFFs) held on the sidelines of the ongoing 74th United Nations General Assembly UNGA) in New York., United States.
..Says such massive assets loss resulted in dearth of resources By Johnbosco Agbakwuru President Muhammadu Buhari on Thursday said that Nigeria lost an estimated US$157.5 billion to illicit financial flows between 2003 and 2012. Quoting from the 2014 Global Financial Integrity Report in his address to the High-Level National Side-Event organised by the African Union
CHAIRMAN, Federal Inland Revenue Service, FIRS, Mr. Tunde Fowler; Minister for Foreign Affairs, Geoffrey Onyeama; and Chairman, Independent Corrupt Practices and Other Related Offences Commission, ICPC, Professor Bolaji Owasanoye will join other top officials from around the world at a global conference on how to contain Illicit Financial Flows, IFF, at the Trusteeship Council Chamber, UN Headquarters in New York.Read More
Prof. Bolaji Owasanoye, Chairman, Independent Corrupt Practices and Other Related Offences Commission (ICPC), says Illicit Financial Flows (IFFs) are bane of Nigeria’s development.Read More
The federal government of Nigeria and member countries of the South South Cooperation has agreed on putting in measures to combat illicit financial flows within member countries.Read More
The African Continent loses a whooping $80 billion, annually, to Illicit Financial Flows (IFF), the Minister of Finance, Mrs. Kemi Adeosun, has revealed.Read More