Illicit capital robbing Africa and its people of their future: UN trade and development chief
Illicit financial flows (IFFs) are movements of money and assets across borders which are illegal in source, transfer or use, according to the new report entitled “Tackling illicit financial flows for sustainable development in Africa.” It shows that these outflows are nearly as much as the combined total annual inflows of official development assistance, valued at $48 billion, and yearly foreign…
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