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Charles Abugre

Fighting illicit capital flight - Kenya Pambazuka news 2011 - 8p

The illicit extraction, concealment and channelling of capital from poor countries abroad destroys societies and must be curtailed. This article addresses the cost that illicit capital outflows impose on Africa’s – and more specifically Kenya’s – efforts to reduce poverty and build accountable democracies. It also looks at ways to curtail the phenomenon.


Capital flight, Corruption, Kickbacks, Bank