AFRICAN Union (AU)/ United Nations Economic Commission for Africa’s (UNECA) High Level Panel on Illicit Financial Flows (IFFs) led by former South Africa’s President Thabo Mbeki and key policy-makers made the observation at a two-day “First Sub-regional Workshop on Curbing IFFs from Africa”, in Nairobi, Kenya. Nigerian and other continental leaders have been warned about huge and rising cases of Illicit Financial Flows (IFFs) from Africa from initially estimated $50 billion yearly.
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