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SADC Countries Lose more than $313b to Illicit Financial Flows

by Dogbevi, E.K
Published by : Creative Imaginations Publicity (Ghana) Physical details: 2p. Year: 2016
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These are computations of data released by Global Financial Integrity on SADC countries by Ghana Business News. The data reveals that South Africa alone lost $209 billion while Seychelles, with the least of leakages, lost some $458 million. The figures reveal that the 54 countries in Africa lost some $860 billion within that period. The funds are lost through trade misinvoicing and leakages in the balance of payment.

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